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7327 & 7329 Georgia Avenue NW

WASHINGTON, DC 20012
  • $2,200,000
  • STATUS: Active
  • ON SITE: 66 Days
  • ID#: DCDC2060884
UPDATED: 6 min ago
$2,200,000
  • 0
    BEDS
  • 0.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1937
County:

School Ratings & Info

Description

Developers take note. Two adjacent leased commercial properties zoned MU-4 on GeorgiaAvenue are ripe for redevelopment. The addresses are 7327 and 7329 Georgia Avenue NW. The properties are currently leased to 3 tenants with annual rents totaling over $131,084. The buildings total approximately 6,117 square feet and the combined lots total 3,364 square feet. There is alley access in the rear. MU-4 zoning allows a 2.5 FAR so there is potential for expansion. Leases and rent rolls are available for review with signed confidentiality agreement. Purchaser will be buying both properties. They will not be offered individually.

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©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or JTR Team | Coldwell Banker Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-10-03T20:51:14.747.
www.jtrhome.com/homes/131367089
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7327 & 7329 Georgia Avenue NW WASHINGTON, DC 20012

  • Price: $2,200,000
  • Status: Active
  • On Site: 66 Days
  • Updated: 6 min ago
  • ID#: DCDC2060884
0
Beds
0
Baths
0
½ Baths
0.08
Acres
1937
Built
County:
Washington
School District:
District Of Columbia Public Schools
Property Description
Developers take note. Two adjacent leased commercial properties zoned MU-4 on GeorgiaAvenue are ripe for redevelopment. The addresses are 7327 and 7329 Georgia Avenue NW. The properties are currently leased to 3 tenants with annual rents totaling over $131,084. The buildings total approximately 6,117 square feet and the combined lots total 3,364 square feet. There is alley access in the rear. MU-4 zoning allows a 2.5 FAR so there is potential for expansion. Leases and rent rolls are available for review with signed confidentiality agreement. Purchaser will be buying both properties. They will not be offered individually.
Exterior Features

Construction Materials Brick Garage YN No Parking Types OtherOn Street Riparian Rights YN No Soil Types Chillum-Urban Land Complex Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 3390.00 Cooling Window Unit(S) Heating Radiator Heating YN Yes Net Square Feet 6117.00

Property Features

Accessibility Features None Assessment Year 2021 Business Type Hair Salon And SpaOtherOther/General RetailApartment Building Central Air YN No Cooling Fuel Electric Heating Fuel Electric Hot Water Electric Navigable Water YN N New Construction YN No Number Of Units Total 0 Original MLSNumber 801771615634 Ownership Interest Fee Simple Possession SettlementSubject To Existing Lease Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 27258.02 Tax Assessment Amount 1652000.00 Tax Lot 38 Vacation Rental YN No Water Source Public Zoning Mu-4 Zoning Description Mixed Use

Listing courtesy of Tranzon Fox: .


©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or JTR Team | Coldwell Banker Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-10-03T20:51:14.747.
 
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