5125 Georgia AveWashington, DC 20011
- Retail properties
- 6,645 SF
Property Details for 5125 Georgia Ave
- Year built
- 1984
- Construction
- BRICK
- Lot size
- 0.06 AC
- Property size (Sq ft)
- 6,645 SF
- Zone code
- MU-4
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 3002 0049
- APU
- 30020049
Description
This exceptional retail and restaurant property, located at 5125 Georgia Ave NW in Washington, DC, offers 5,882 square feet of space in a high-visibility corner location. The property, built in 1984 and zoned MU-4, features two suites totaling approximately 2,200 square feet of vacant space currently available for lease. One suite, previously a restaurant and deli, comprises approximately 1,500 square feet and includes additional basement storage. A separate 700-square-foot suite with its own Hamilton Street entrance is also available, and can be leased individually or combined with the larger space. The property boasts a significant advantage with a large fenced patio, ideal for outdoor seating, enhancing the appeal for restaurant or retail tenants. This location provides tremendous visibility and signage opportunities directly on Georgia Avenue, ensuring maximum exposure for your business. Minimum leasable space is 700 square feet, with a maximum contiguous space of 1,500 square feet. This property presents a unique chance to establish a thriving business in a vibrant Washington, DC neighborhood. The property is situated in the District of Columbia, zip code 20011.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,489,478
- 6.5%
- $2,297,980
- 7%
- $2,133,838
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,644,215
- Geo Method
- $2,796,649
-
Alternative Use
- Use
- Valuation
- Residential
- $1,938,432
- Hospitality
- $1,775,593
- Educational
- $1,477,272
- Medical
- $1,528,078
- Retail
- $2,297,980
Location Insight
- City
- Washington
- County
- District Of Columbia
- State
- DC
- Latitude
- 38.9528
- Longitude
- -77.0272
- CBSA code
- 47900
- CBSA name
- WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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