2616 Georgia Ave Nw
$950,000
2616 Georgia Ave Nw, Washington, Dc 20001
For Sale
Mixed Use
Active
Last Updated: 02/12/2025
5.14
Cap Rate
5,154
NOI
Details:
Cap Rate: 5.14%
NOI: $5,154
Building Size: 1,810 sqft
Year Built: 1910
Price Per Sqft: $524.86
Zoning: MU4 /RF1
Highlights:
- Days on Market: 233
- Heating: Hot Water
Description:
Recent Tenant signed a lease in December 2024. The tenant is backed by a division of the Presbyterian Church and has over 8 figures of cash on their balance sheet. Both Tenant and Landlord have the option to end the lease each year in December.
This property is ideal for an office space user, a retailer or restaurant who would convert the space, or a residential developer looking to take advantage of 2750 sf of land.
Location
Gallery
