About This Home
This 0-bedroom, 0-bathroom commercial at 3532 GEORGIA Avenue NW in Washington, DC is listed for $1,300,000. Built in 1921, on a 0.03 acres lot.
Key Features
- Built in 1921
- 0.03 acre lot
Property Details
Amenities
Prime Development Opportunity with Flexible Use In A High Growth Corridor.Unleash the Full Potential Prime Mixed Use Development Site on HighTraffic Georgia Ave NW. 3532 Georgia Avenue NW represents a rare opportunity to acquire an underdeveloped parcel in the high growth Park View/Columbia Heights corridor of Northwest D.C.
Positioned along one of the city's most vibrant commercial arteries the property is offered as a clean slate redevelopment opportunity under favorable Neighborhood Mixed Use NMU zoning. The immediate potential lies in maximizing the permitted Floor Area Ratio FAR for a vertically integrated project featuring ground floor retail/restaurant space and
multilevel residential units.The asking price of $1500000 is positioned for an experienced developer who can execute the highest and best use a modern multistory mixed use building that will capitalize on the neighborhood's accelerating residential demand and proximity to the Georgia Avenue Petworth Metro Station.
Monthly Cost Estimate
$6,953/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
3532 GEORGIA Avenue NW
Washington, DC 20010
Property Details
Construction
Parking
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 3532 GEORGIA Avenue NW is listed at $1,300,000. The estimated monthly payment is $6,953 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1921, 0.03 acre lot.
This property is listed by Alexis Hamilton and can be reached at 2406870806.