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Georgia Avenue NW Washington, DC $ 498,000
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$ 498,000 Get more info
Georgia Avenue NW
$ 498,000
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Georgia Avenue NW

Washington, DC, 20011
$ 498,000
Bedrooms-- Baths-- Sq 2,728

Monthly Estimate*

$ 3,107

Georgia Avenue NW, Washington, DC 20011 - Image 1

Commercial Property for sale in Washington, DC

for $498,000. This 2,728 square foot building was built in 1922 on a lot size of 0.05.

Liquor licenses since 1960 7-day license,9:00 AM to 12:00 Midnight $350,000 $1,400,000 $5,200 per Month (Rent) Financial Overview Last 3 Years 2024: $1,126,180 in sales with a 30% profit margin, estimated take-home approximately $340K 2023: $1,421,404 in sales with a 30% profit margin, estimated take-home approximately $426K 2022: $2,325,612 in sales with a 20% profit margin, estimated take-home approximately $465K 3-Year Average Sales: $1.624M The business is available for purchase at $498K. Please note that inventory, currently valued between $200K$300K, is not included in the sale. Operations & Expenses Average Monthly Sales: $150K Rent: $4,000/month plus NNN $1,000 (Total $5,200/month) Utilities: Approximately $1,000/month Payroll: $8,000/month for 2 full-time and 1 part-time staff Business Highlights Over 10 years in operation Very busy and well-established liquor store 5-star customer reviews Low rent in a prime location 2-level building: 1,500 sq ft main level and 1,500 sq ft basement Turnkey business with experienced staff Well-maintained fixtures and refrigeration units Opportunity for growth and expansion

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Commercial Active

Price

$ 498,000

Property Type

Commercial

Taxes

$ 13,167

Style

General Retail

Lot Size

0.05

Year Built

1922

Town/City

Washington

County/Region

District of Columbia

MLS | Web ID

DCDC2229236
Features
Interior
Heating Fuel Other
Hot Water Other
Heating Y/N Y
Central Air Y/N N
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General
Sewer Other
Heating Other
Possession Settlement
Zoning MU4
Construction Materials Concrete
Year Built 1922
Property Subtype Retail
Tax Year 2025
Current Use Beer/Wine/Liquor
Business Type Other/General Retail
Accessibility Other
County WASHINGTON
New Construction N
Property Type Business Opportunity
Water Access Y/N N
Status ACTIVE
Directions GPS
City WASHINGTON
Lot Size Units Square Feet
Lot Size Square Feet 2281.00
Tax Annual Amount 13167.0
Price Per Sq Ft Total AG 182.55
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Legal Subdivision Petworth
Tax Lot 61
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Exterior
Water Source Other
Type of Parking None
Water View Y/N N
Building Area Total 2728.00
Lot Size Acres 0.05
Lot Size Source Assessor
Waterfront Y/N N
Soil Types Mixed
Land Assessed Value 188620.00
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded Features
List By
Nk Real Estate Group, Llc

Broker

info@nkregroup.com

Email

Affordability Calculator

$4,204
Per Month
74%
26%
0%
Monthly Principal & Interest
$3,107
Monthly Property Taxes
$1,097
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
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Pricing History
DatePricePrice ChangeDescription
10/27/2025$498,000 Listed Price

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Georgia Avenue NW, Washington, DC, 20011 is a Commercial Property for sale at $498,000 with 2,728 sqft and a lot size of 0.05. Georgia Avenue NW was built in 1922. The property's zip code is 20011 which is in Washington, DC

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