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Vacant Building

3624 Georgia Ave NW

3624 Georgia Ave NW, Washington, DC 20010

Listing Price: $2,100,000

Cap Rate
0.86%
Number of Units
2
Gross SF
2,238
Price/Gross SF
$938.34
Number of Suites
2

Investment Overview

Marcus & Millichap, on behalf of ownership, is pleased to exclusively offer for sale 3624 Georgia Ave NW, Washington, D.C. It is located on one of Georgia Ave most exciting intersections. Area is surrounded by restaurants, coffee houses, retailers, luxurious apartments and much more. 3624 Georgia NW has two above ground levels and a basement for storage. The property is approximately 2,493 square foot of building with a lot size of 0.06 acres. It’s zoned NC-8 (Neighborhood Mixed-Use). The NC-8 zone permits mixed-use development at a medium density with a focus on employment, including additional residential uses above improved commercial uses. 3624 Georgia Ave NW can be delivered vacant which provides a great opportunity for developers or owner-users. It’s a truly a value-add property that offers a multitude of positioning and value creation strategies for the new ownership.

Investment Highlights

  • Great Location | Great Visibility
  • Redevelopment | Owner-User Opportunity
  • Value-add Property | Lots Potentials

Exclusively Listed By

Broker of Record

  • Brian Hosey

    First Vice President/ Division Manager

    (202) 536-3700

    License(s) DC: BR200201612

    District of Columbia

Financing By

  • Jared Cassidy

    First Vice President, Capital Markets

    Direct:

    Email Jared

    Washington, D.C., MD

Vacant Building

3624 Georgia Ave NW

Listing Price: $2,100,000

Cap Rate
0.86%
Number of Units
2
Gross SF
2,238
Price/Gross SF
$938.34
Number of Suites
2

Investment Highlights

  • Great Location | Great Visibility
  • Redevelopment | Owner-User Opportunity
  • Value-add Property | Lots Potentials

Investment Overview

Marcus & Millichap, on behalf of ownership, is pleased to exclusively offer for sale 3624 Georgia Ave NW, Washington, D.C. It is located on one of Georgia Ave most exciting intersections. Area is surrounded by restaurants, coffee houses, retailers, luxurious apartments and much more. 3624 Georgia NW has two above ground levels and a basement for storage. The property is approximately 2,493 square foot of building with a lot size of 0.06 acres. It’s zoned NC-8 (Neighborhood Mixed-Use). The NC-8 zone permits mixed-use development at a medium density with a focus on employment, including additional residential uses above improved commercial uses. 3624 Georgia Ave NW can be delivered vacant which provides a great opportunity for developers or owner-users. It’s a truly a value-add property that offers a multitude of positioning and value creation strategies for the new ownership.

Exclusively Listed By

Broker of Record

  • Brian Hosey

    First Vice President/ Division Manager

    (202) 536-3700

    License(s): DC: BR200201612

    District of Columbia

Financing By

  • Jared Cassidy

    First Vice President, Capital Markets

    Direct:

    Email Jared

    Washington, D.C., MD

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