5205 Georgia Avenue NW
Washington, D.C. 20011
The Offering
Summary
- List Price $1,050,000
- Gross Building Area 3,526 SF
- Occupancy 50%
- Parking Rear of Lot
- Lot Size 2,281 SF
- Zoning MU-4
- Maximum FAR 2.5 + IZ + Penthouse
- Maximum Above-Grade FAR SF 7,755 SF
Investment Summary
Feldman Ruel is pleased to present 5205 Georgia Avenue NW, a three-level, 3,526-square-foot, mixed-use building situated on a 2,281-square-foot lot with on-site parking in the Brightwood Park neighborhood of Northwest Washington, D.C. The first level and sublevel are fully leased to Hamilton Liquors, which has occupied the subject property since 2016. The second level, a three-bedroom, one-bathroom residential unit will be delivered vacant at closing.
Investment Highlights
• Low Acquisition Price Per SF | Priced Well Below Comparable Sales
• Stable Retail Tenant on Long-Term NNN Lease on First Level & Sublevel
• Vacant 3BR/1BA Unit on Second Level | No TOPA
• Flexible Zoning Allows for Retail, Office, & Multifamily Uses
• Located Along a Great Steets Corridor | Eligible for Up to $80,000 in Grants
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