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$1,900,000

Est. payment - /mo

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1,307 Sqft Lot

New

3532 GEORGIA AVE NW Washington, DC 20010

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Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID DCDC2234416

Year Built 1921

Annual Tax Amount $36,546

Tax Year 2024

Lot Size 1,307 Sqft

Acres 0.03

Property Sub-Type Retail

Source BRIGHT

Property Description

Prime Development Opportunity with Flexible Use In A HighGrowth Corridor.Unleash the Full Potential Prime MixedUse Development Site on HighTraffic Georgia Ave NW.3532 Georgia Avenue NW represents a rare opportunity to acquire an underdeveloped parcel in the highgrowth Park View/Columbia Heights corridor of Northwest D.C. Positioned along one of the city's most vibrant commercial arteries the property is offered as a cleanslate redevelopment opportunity under favorable Neighborhood MixedUse NMU zoning. The immediate potential lies in maximizing the permitted Floor Area Ratio FAR for a vertically integrated project featuring groundfloor retail/restaurant space and multilevel residential units.The asking price of $1900000 is positioned for an experienced developer who can execute the highest and best usea modern multistory mixeduse building that will capitalize on the neighborhood's accelerating residential demand and proximity to the Georgia AvenuePetworth Metro Station.

Location

State DC

County Washington

Zoning NMU-7B/GA

Interior

Hot Water Other

Heating Central

Cooling Central A/C

Heat Source Central

Exterior

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Tax ID 2895//0135

Ownership Fee Simple

Special Listing Condition Standard

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3532 GEORGIA AVE NW Washington, DC 20010

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Key Details

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3532 GEORGIA AVE NW