Remarks

Prime Commercial Property Location at 2826 Georgia Avenue, NW, Washington, DC
Nestled in the bustling Lower Georgia Avenue Business District, 2826 Georgia Avenue, NW, Washington, DC, offers a prime commercial real estate opportunity. This area is experiencing significant commercial growth, driven by its proximity to major universities, hospitals, transportation hubs, and thriving businesses.

Key Highlights:

Strategic Location: Located near multimillion-dollar developments, this property benefits from its demographic proximity to key institutions and vibrant commerce.

Growth Hub: The U Street-Shaw corridor, extending north to Howard University, has become a sought-after area for mixed-use commercial and residential projects, attracting both small and large developers.
Commercial Expansion: Over the past five years, more than 400,000 square feet of new commercial space has been developed within a one-mile radius, showcasing the area's rapid growth.

Prime Purchase Opportunity: The property features three separate retail commercial spaces ready for occupancy. The second and third floors share a single meter for electric and gas, while the street-front retail space is independently metered.

Accessibility and Visibility: Georgia Avenue sees over 100,000 commuters daily, with excellent access to bus lines and multiple train stations, ensuring high visibility and foot traffic.

Flexible Zoning: The property’s mixed-use zoning allows for versatile use, including potential live-work spaces. The surrounding residential areas enhance its appeal for diverse development opportunities.

Building Features: The building includes a wide staircase leading to the second and third-floor commercial spaces and a skylight on the top floor. The street-front retail space has both front and side entrances, and the backyard is secured with walkway access from the street frontage.
Don't miss out on this exceptional investment opportunity in one of Washington, DC's most dynamic and rapidly growing commercial districts.

Details

MLS#: DCDC2170370
Price: $950,000

Year Built: 1910

County: WASHINGTON
Tax Fee: 11299.0