3619 Georgia NW
Washington, DC, 20010 $ 890,000
Bedrooms-- Baths-- Sq 1,658 Monthly Estimate*
$ 5,552
for $890,000. This 1,658 square foot building was built in 2022.
Prime Retail Space for Sale/Lease in Washington, DC! For Lease: $40 Per SQFT($5,527 monthly) plus NNN, For Sale: $890,000 Key Features: Brand New Building! Exceptional Foot/Vehicle Traffic Frontage on a High-Traffic Corridor One Block from Petworth METRO Close Proximity to National Retailers Total Rentable Space: 1,658 Sqft Ground Level Retail: 1,658 Sqft at $40/Sqft Plus NNN Attention, Savvy Investors! Noble Group with eXp Realty proudly presents an unparalleled opportunitya prestigious location at THE EXCHANGE in Washington, DC. This spacious 1,658 Sqft retail space offers maximum visibility with expansive floor-to-ceiling windows, strategically positioned along a bustling retail corridor in Washington, DC. It presents flexibility for various retail concepts, ensuring compatibility with your vision. With direct frontage on Georgia Ave NW, your investment will benefit from unmatched visibility and accessibility due to significant foot and vehicle traffic. This retail space is at the heart of a vibrant community with approximately 75,000 residents within a 1-mile radius. Imagine the exposure your business could achieve in this high-traffic locationtruly prime real estate! THE EXCHANGE is near renowned national retailers such as Marshalls, Target, CVS, Best Buy, Safeway, Giant, and more. The synergy and foot traffic generated by these esteemed neighbors will undoubtedly benefit your business. The possibilities are endless with the consistent flow of potential patrons from nearby retail visitors. This prime location retail store offers the flexibility to choose between a sale or lease, aligning perfectly with your investment strategy. Priced at $890,000, this opportunity comes with an Absolute Net Lease, promising a fruitful investment journey. With a projected monthly net income of $5,527, you can expect a remarkable 7,45% capitalization rate, ensuring a compelling return on your investment. Now is the time to acquire premium commercial property in Washington, DC. Contact Noble Group with eXp Realty today to explore this remarkable opportunity and watch your business flourish like never before.
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FeaturesInteriorHeating Fuel Electric
Hot Water Electric
Heating Y/N Y
Central Air Y/N Y
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GeneralSewer Public Sewer
Heating Heat Pump(s)
Cooling Central A/C
Possession 0-30 Days CD 31-60 Days CD
Zoning 048 - COMMERCIAL-RETAIL
Construction Materials Other
Year Built 2022
Property Subtype Retail
Tax Year 2024
Ownership Condominium
Cool Fuel Electric
Business Type Other/General Retail
Accessibility Level Entry - Main
County WASHINGTON
Net Operating Income 66320.00
New Construction Y
Property Type Commercial Sale
Subdivision Name PARK VIEW
Water Access Y/N N
Status ACTIVE
Directions On Georgia Ave
City WASHINGTON
Number Of Units Total 1
Tax Annual Amount 15206.0
Property Condition Excellent
Price Per Sq Ft Total AG 536.79
Construction Completed Y/N Y
Historic Y/N N
Lease Considered Y/N Y
Vacation Rental Y/N N
Virtual Tour https://my.matterport.com/show/?m=rJRW7Uog1g5&brand=0&mls=1&
Standard Status Active
Year Built Source Assessor
Legal Subdivision Columbia Heights
Tax Lot 2011
Total Actual Rent 66320.00
Cap Rate 745.00
Association Recreation Fee N
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ExteriorWater Source Public
Type of Parking On Street
Water View Y/N N
Building Area Total 1658.00
Lot Dimensions 0.00 x 0.00
Waterfront Y/N N
Soil Types Urban Land Not Rated
Land Assessed Value 282010.00
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesList Byserif.soydan@exprealty.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $5,552
- Monthly Property Taxes
- $1,267
- 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.
Learn more about how to save NearbyCommerical listings in Washington, DC
Average List Price $2,714,078
Percent of Sale Price 205%
About Washington, DC 701,213 Population
23% Since 2002
$ 81,899 Median Income
37.42 Median Age
18% Households with Children
Trends Information provided by ATTOM Data Solutions.
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 12/8/2025 | $890,000 | -34.07% | Price Down |
| 9/3/2024 | $1,350,000 | -3.57% | Price Down |
| 8/5/2024 | $1,400,000 | | Listed Price |