5413 Georgia AveWashington, DC 20011

  • Other commercial real estate
  • 2,913 SF
For Lease

Property Details for 5413 Georgia Ave

Year built
1923
Construction
BRICK
Lot size
0.03 AC
Property size (Sq ft)
2,913 SF
Zone code
MU-4
Property type
Other commercial real estate
APN
2996 0054
APU
29960054

Description

This exceptional 3,000-square-foot retail space is ideally situated at 5413 Georgia Ave NW in Washington, DC, zip code 20011. The property, classified as Class B, was constructed in 1923 and is zoned MU-4 within the District of Columbia. The single-tenant space offers a unique opportunity for a variety of businesses. The layout comprises 1,500 square feet on the ground level and an additional 1,500 square feet on the lower level. A recent renovation ensures the space is move-in ready. This location boasts tremendous visibility and signage potential directly on Georgia Avenue, providing excellent exposure to high foot traffic. The property's zoning allows for a wide range of commercial uses, and there's even the potential to acquire an existing operational liquor business. This is a rare chance to secure a prime retail location in a vibrant and growing area of Washington, DC. The entire 3,000 square feet is currently vacant and available for lease. Interested parties should inquire for lease terms and conditions.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $849,496
    Hospitality
    $778,133
    Educational
    $647,398
    Medical
    $669,663
    Retail
    $1,007,063
5413 Georgia Ave, Washington, District of Columbia

Location Insight

City
Washington
County
District Of Columbia
State
DC
Latitude
38.9556
Longitude
-77.0277
CBSA code
47900
CBSA name
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$10,060
$114,830
$467,750
$582,580
-
$114,830
$467,750
$582,580

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