Washington DC Real Estate & Commercial for Sale

The 4,259-sf corner lot offers five two-bedroom apartments with a den or additional enclosed space that can be used as a bed rooms. This five units apartment building provide flexibility to a diverse range of tenants located in NW Washington DC one of the best locations in DC close to all amenities , close to Fort Totten metro station and a few minutesâ drive to Capitol Hill, White house, Downtown. Tremendous upside potential in its current state and offer expansion opportunity to additional units on the side and back yards. A lot of street parking space with additional parking on the back of the building.

This property is situated on a.18-acre lot with an existing four-unit building. This MU-4 Zoning parcel, with a 3.0 FAR allows for development up to 32,500 square feet with fifty feet of frontage, as a matter of right. The investment includes the ability to build between 35-40 apartment or condominium units in a corridor experiencing a significant revitalization. A buyer can achieve a NOI of approximately $800,000, after construction and stabilization with 38 multifamily units. If this building is developed as condominiums, a Developer could sell the condo units at an average of $386,157 per unit. The Brightwood/Petworth submarket, and specifically Kennedy Street, are benefiting from not only a strong condominium sales market averaging sales values over $542 per square foot, but also from rising multifamily rents. Therefore, both strategies should be considered when looking at this investment opportunity. Since 2000, the median household income in the area has increased by 97.4%. The average household income in 2022 for this corridor is $145,000, approximately 50% higher than the U.S. average. With dozens of development projects set to be completed over the next few years, Brightwood is set to become a retail hot bed, with new commercial real estate being developed on Kennedy Street, and at the Fort Totten metro (5 blocks away). The Kennedy Street corridor is a designated âGreat Streetâ corridor that is bolstered by new residential and commercial development. In addition to its recent residential building boom, Kennedy Street offers a mix of independent retailers, restaurants, and specialty grocers. This site is located two miles away from âThe Park at Walter Reed, a 66-acre redevelopment of the former Walter Reed Army Medical Center. This Park will include 3.1 million square feet of mixed-use development.

Shovel ready opportunity for development with DC approved plans and permits for a 34 unit building in the heart of Petworth!

This new construction build is situated on a .05-acre lot, amassing six stories with a rooftop deck. Included in the 8,276 Square Feet of rentable space are six bi-level units and two penthouse each with a separate rooftop deck. Each of the eight units are delivered with condo level finishes including granite countertops, stainless steel appliances, custom granite tops, and much more. The property also comes with two parking spaces for future tenants. A buyer can achieve a NOI of approximately $219,283 in year 1, which operates at a 6.64% Cap Rate based off the sales price. This investment also yields a 15.76% 5- year levered return, which is highly attractive in todayâs market. Future appreciation based off of the corridorâs revitalization should also be considered when analyzing this investment. Since 2000, the median household income in the area has increased by 97.4%. The average household income in 2022 for this corridor is $145,000, approximately 50% higher than the U.S. average. With dozens of development projects set to be completed over the next few years, Brightwood is set to become a retail hot bed, with new commercial real estate being developed on Kennedy Street, and at the Fort Totten metro (five blocks away). The Kennedy Street corridor is a designated âGreat Streetâ corridor that is bolstered by new residential and commercial development. In addition to its recent residential building boom, Kennedy Street offers a mix of independent retailers, restaurants, and specialty grocers. This site is located two miles away from âThe Park at Walter Reed, a 66-acre redevelopment of the former Walter Reed Army Medical Center. This Park will include 3.1 million square feet of mixed-use development.

Discover the endless possibilities with this exceptional C2A zoned property! Currently operating as a gift shop on the main street level and featuring a 3-4 bedroom 2 full baths apartment on the upper level, this unique opportunity allows you to own your business and live conveniently upstairs. Additional features include a basement for storage and a 3-car private parking pad at the rear. Strategically located in the corner of Georgina Ave and Delafield Place NW, in the vibrant Patworth neighborhood. This property is in the heart of Washing DC. Don't miss out on the incredible change to thrive in one of the city's most dynamic areas!

Fantastic opportunity. Great location! Right on 14th St NW, Columbia Heights, a colorful area known for its diverse community, historical architecture and cultural attractions. The neighborhood offers a mix of restaurants, shops and entertainment venues. A few minutes walk from Petworh area which has seen significant revitalization in recent years. Is also home to the popular Upshur Street corridor, labeled by the Washington Post as be best place to eat in DC, which features trendy restaurants, coffee shops and boutiques. Petworth is also known for its vibrant art scene, with galleries and cultural events. The property is located at walking distance to Rock Creek Park. Excellent location for a new residential building. The building had a restaurant on the first level, an office and 2 small residential studios on the 2nd level and on the third level has a 2 bedrooms 2 baths apartment.

Welcome to an unparalleled investment opportunity in Washington D.C. where urban convenience meets sustainable living. This exceptional 22-unit building is now available for sale, offering a unique blend of modern luxury, eco-friendly features, and a highly desirable walkable neighborhood. Fully permitted and 70% complete 22 unit apartment/condo with off street parking. Call for more information!

Triple Net Investment Group is pleased to offer fully equipped turn key restaurant for sale on 3813-15 Georgia Ave NW Washington, DC. This fully operational restaurant has a total of 6800 sq ft, with the first floor being 3,700 sq ft, 2nd floor: 3100 sq ft and about 3700 sq ft in basement. The restaurant features a walk-in cooler, kitchen with all appliances, a large outdoor patio with a 150 people occupancy limit. 3813 Georgia Ave is steps from the Petworth station serving both the Green. This location is close to many tenants such as Safeway, Dunkin Donuts, CVS, Wendyâs, Honeymoon Chicken, Yes! Organic Market, Bank Of America, and other local businesses. HIGHLIGHTS - Fully Renovated Second Generation Restaurant in 2022. -Approximately 6800 sq 3,700 sq ft on first floor appx -Fully operational restaurant with four bars, kitchen with 10 feet hood and all kitchen appliances and large outdoor patio for 30 seating's and total 150 people occupancy -Prime Location at a heavily trafficked retail corridor on Georgia Ave in Northwest, DC, and surrounded by subways station and residential condos -Zoning NC-8 with FAR of 4.8 allows for construction of 17,899 mixed-use -Neighboring national retailers, banks, supermarkets, and bakeries -One blocks from Petworth Georgia Ave Station -70+ years operating history at this site and on National Register of Historic Places in DC (Billy Simpson House of Seafood and Steak)

IMPORTANT - The properties are unsafe to tour. There is no lock box, and one will not be put on. Interested parties can walk the perimeter of the properties. These properties are being sold for a redevelopment whereby the properties are demolished. MAC Realty Advisors, as exclusive agent, is pleased to present the opportunity to acquire 5808, 5810 & 5812 Georgia Avenue in Northwest Washington, DC. The Property is located in the Sixteenth Street Heights neighborhood in northern DC and is currently improved with a mix of commercial and retail buildings in currently unusable condition. The Site comprises a total of 4,221 square feet of land across two adjoining parcels, all zoned MU-7B, allowing for a multifamily, mixed-use development project up to 20,261 gross square feet. The Property is conveniently located just South of the intersection of Georgia Avenue NW and Missouri Avenue NW, providing access to the best East-West thoroughfare in the District north of Petworth. The Propertyâs positioning on Georgia Avenue provides high traffic visibility and a short commute to Downtown Washington, DC, Silver Spring, and Bethesda. The Property is also located just one mile south of the Parks at Historic Walter Reed, which will provide residents of the Upper Georgia Avenue submarket (Sixteenth Street Heights, Brightwood, Takoma) additional Class A amenities.

Located in the lively Petworth neighborhood of Washington, D.C., 4811 Georgia Ave is a developer's dream, poised at the drywall-ready stage with the bulk of construction already in the rearview. This project boasts 10 units, including two exquisite, two-level penthouses with panoramic views, perfectly positioned for upscale living in an area known for its growth and vitality.

Rehab property to be delivered with plans and permits for 7-unit condo conversion in hot Kennedy Street Corridor.

Prime mixed-use building in the heart of the sought after Petworth neighborhood, along the busy retail-commercial corridor of 14th St. NW. Corner lot with frontage on 14th St. NW and on Quincy St. NW. Built out for restaurant / carry out on the first floor with a large outdoor patio dining space. Above the restaurant on the 2nd and 3rd levels are two 1 br. / 1 ba. apartments, including a large deck off the rear of the 2nd level . Tax record indicates 2,019 SF, but seller estimates approx. 2,300 SF. Zoned MU-4. There could be potential to add another level: max. building height = 50 ft.; max FAR = 2.5 (residential) or 1.5 (non-residential). Leases are month-to-month, so property could be delivered vacant, or the new owner can renegotiate the leases. Excellent location with heavy foot and vehicle traffic, surround by shops, cafes, pubs, restaurants, and residential. Approx. 4 blocks to the Georgia Ave.-Petworth Metro station and 6 blocks to Columbia Heights Metro.

30-unit apartment building under construction in Petworth on hot Kennedy Street. Site work is in progress with projected delivery in Spring of 2024. Plans are for a high-end design with modern finishes, ideal for condo resale, or can be a long-term hold as apartment residences.