3532 GEORGIA AVE NW, Washington, DC 20010
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Ram Bala

Ram Bala

+1(703) 403-5338
Listed by Alexis Hamilton • Samson Properties
$ 1,300,000
Est. payment /mo
Save
Active

3532 GEORGIA AVE NW Washington, DC 20010

1,307 Sqft Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID DCDC2273520

Year Built 1921

Annual Tax Amount $36,546

Tax Year 2024

Lot Size 1,307 Sqft

Acres 0.03

Property Sub-Type Retail

Source BRIGHT

Property Description

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.

Location

State DC

County Washington

Zoning NMU-7B/GA

Interior

Hot Water Other

Heating Central

Cooling Central A/C

Heat Source Central

Exterior

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Tax ID 2895//0135

Ownership Fee Simple

Special Listing Condition Standard

Bright MLS (BMLS)

NEARBY SCHOOLS & PROPERTIES

Ram Bala

Ram Bala

Agent | License ID: VA:0226036501 MD:576134

+1(703) 403-5338

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3532 GEORGIA AVE NW

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