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7327 & 7329 Georgia Ave NwWashington, DC 20012MLS Number DCDC2060884

  • Price: $2,500,000
  • 11 Days on Market
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Federal 30-year interest rate: 4.99% last updated on Aug 4, 2022
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7327 & 7329 Georgia Ave Nw Washington DC 200127327 & 7329 Georgia Ave Nw Washington DC 200127327 & 7329 Georgia Ave Nw Washington DC 200127327 & 7329 Georgia Ave Nw Washington DC 200127327 & 7329 Georgia Ave Nw Washington DC 200127327 & 7329 Georgia Ave Nw Washington DC 20012
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  • 0.08Acreage
  • 1937Year Built
  • 737Price Per Square Foot
  • 2021Assessment Year
AUCTION! Developers take note. Two adjacent leased commercial properties zoned MU-4 on Georgia Avenue are ripe for redevelopment. The addresses are 7327 and 7329 Georgia Avenue NW. The properties are currently leased to 3 tenants with annual rents totaling over $131,084. The buildings total approximately 6,117 square feet and the combined lots total 3,364 square feet. There is alley access in the rear. MU-4 zoning allows a 2.5 FAR so there is potential for expansion. Leases and rent rolls are available for review with signed confidentiality agreement. Purchaser will be buying both properties. They will not be offered individually. This is an online auction which ends at noon on Wednesday August 17th. Ignore the list price and bid YOUR price at AUCTION!
Listed by Jeffrey E Stein, Tranzon Fox

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Yeonas & Shafran Real Estate, LLC

Your Local Office

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Yeonas & Shafran Real Estate, LLC
Office: 703-790-3330
1309 Vincent Pl
McLean, VA 22101

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Basic Information

  • Broker NameTranzon Fox
  • List Price$2,500,000
  • MLS NumberDCDC2060884
  • MLS Property TypeCommercial Sale
  • Price Per Square Foot737
  • StatusACT
  • Vacation Rental YNN

Building

  • Building Area SourceAssessor
  • Building Area Total3390
  • Construction MaterialsBrick
  • Garage Spaces
  • Num Attached Garage Spaces
  • Num Detached Garage Spaces
  • Total Garage And Parking Spaces3
  • Year Built1937

Amenities

  • Accessibility AmenitiesNone

Legal

  • PossessionSettlement, Subject to Existing Lease
  • Sale TypeAuction

Tax Information

  • Assessment Year2021
  • County Tax Payment FrequencyAnnually
  • Tax Assessment Amount1652000
  • Tax Lot38
  • Tax Year2021
  • Taxes$27,258
  • Total Taxes Payment FrequencySemi-Annually

Property

  • Acreage0.08
  • Business TypeHair Salon and Spa, Other, Other/General Retail, Apartment Building
  • Lot Size SourceEstimated
  • Lot Size Square Feet3,364
  • New Construction YNN
  • Property SubTypeMixed Use
  • ZoningMU-4
  • Zoning DescriptionMixed Use

Water Body

  • Tidal Water YNN
  • Water AccessN
  • Water View YNN
  • WaterfrontN

Other

  • Soil TypesChillum-Urban Land Complex

Parking

  • Assigned Parking Spaces
  • Parking TypesOther, On Street

Basic Information

  • Date Listed07/28/2022

Location

  • Address7327 & 7329 Georgia Ave Nw
  • Building Number7327 & 7329
  • CountyWashington
  • DirectionsLocated on Georgia Ave just south of Geranium St NW
  • In City Limits YNY
  • Navigable Water YNN
  • StateDC
  • TownWashington
  • Water Oriented YNN
  • Zip20012

Utilities

  • Central Air YNN
  • CoolingWindow Unit(s)
  • Cooling FuelElectric
  • Heat SystemRadiator
  • Heating FuelElectric
  • Heating YNY
  • SewerPublic Sewer
  • Water HeaterElectric
  • Water SourcePublic

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Copyright 2022 BRIGHT, All Rights Reserved.  Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Yeonas & Shafran Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated August 8, 2022. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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