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2616 Georgia Avenue NW Washington, DC $ 950,000
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$ 950,000 Get more info
2616 Georgia Avenue NW
$ 950,000
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2616 Georgia Avenue NW

Washington, DC, 20001
$ 950,000
Bedrooms-- Baths-- Sq 1,810

Monthly Estimate*

$ 5,927

2616 Georgia Avenue NW, Washington, DC 20001 - Image 1
2616 Georgia Avenue NW, Washington, DC 20001 - Image 2
2616 Georgia Avenue NW, Washington, DC 20001 - Image 3
2616 Georgia Avenue NW, Washington, DC 20001 - Image 4
2616 Georgia Avenue NW, Washington, DC 20001 - Image 5

Commercial Property for sale in Washington, DC

for $950,000. This 1,810 square foot building was built in 1910.

Recent Tenant signed a lease in December 2024. The tenant is backed by a division of the Presbyterian Church and has over 8 figures of cash on their balance sheet. Both Tenant and Landlord have the option to end the lease each year in December. This property is ideal for an office space user, a retailer or restaurant who would convert the space, or a residential developer looking to take advantage of 2750 sf of land.

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Commercial Active

Price

$ 950,000

Property Type

Commercial

Taxes

$ 11,736

Style

General Retail

Year Built

1910

Town/City

Washington

County/Region

District of Columbia

MLS | Web ID

DCDC2147834
Features
Interior
Heating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Y
Central Air Y/N Y
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General
Sewer Public Sewer
Heating Hot Water
Cooling Central A/C
Possession Other
Zoning MU4 /RF1
Construction Materials Brick
Year Built 1910
Property Subtype Mixed Use
Tax Year 2024
Ownership Other
Cool Fuel Electric
Business Type Other/General Retail
Accessibility None
County WASHINGTON
Net Operating Income 5154.00
Insurance Expense 2000.00
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions From Downtown take 7th Street north to 2616 Georgia Avenue NW
City WASHINGTON
Number Of Units Total 0
Tax Annual Amount 11736.0
Price Per Sq Ft Total AG 524.86
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Legal Subdivision Columbia Heights
Tax Lot 34
Total Actual Rent 65000.00
Cap Rate 5.14
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Exterior
Water Source Public
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 1810.00
Waterfront Y/N N
Soil Types Unknown
Land Assessed Value 494200.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 2616
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* Excluded Features
List By
Metro Investment Properties, Llc

Broker

cdixon@miprealestate.com

Email

Affordability Calculator

$6,905
Per Month
86%
14%
0%
Monthly Principal & Interest
$5,927
Monthly Property Taxes
$978
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/15/2025$950,000 -5.00% Price Down
7/31/2024$1,000,000 -9.09% Price Down
6/25/2024$1,100,000 Listed Price

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2616 Georgia Avenue NW, Washington, DC, 20001 is a Commercial Property for sale at $950,000 with 1,810 sqft. 2616 Georgia Avenue NW was built in 1910. The property's zip code is 20001 which is in Washington, DC

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