The Offering

Summary

  • List Price $900,000
  • Product Type Mixed-Use
  • Product Subtypes Retail, Office, & Multifamily
  • Gross Building Area 3,492 SF
  • Occupancy 66%
  • Zoning MU-4
  • Lot Size 1,743 SF
  • Maximum FAR 2.5 + IZ + Penthouse
  • Maximum Above-Grade FAR SF With IZ 5,229 SF + Penthouse

Investment Summary

Feldman Ruel is pleased to offer for sale 7325 Georgia Avenue NW, a three-level mixed-use property situated on a 1,743-square-foot lot zoned MU-4. The subject property is currently mostly owner-occupied by a law firm which operates out of the sublevel and first level. The second level has a vacant, well-maintained office space facing Georgia Avenue NW, and a vacant rear-facing two-bedroom apartment. Both units are accessible through a separate entrance from the first level and are fully self-contained with separate entrances and a shared hallway. There are two on-site parking spaces at the rear of the property, providing convenient access for tenants or patrons. Less than 500 feet away, The Parks at Walter Reed—Washington, D.C.’s largest master-planned community—offers a diverse mix of retail amenities.

Investment Highlights

• Approx. 1-Year Sale Leaseback of 1st Level & Sublevel Mitigates Carrying Costs During Lease-Up

• Repositioning Opportunity | MU-4 Zoning Allows Retail, Office, & Multifamily Uses

• Less Than 500-Feet from The Parks at Water Reed | 66-Acre Redevelopment Including 3.1M SF
• Nearby Credit Tenants Include Whole Foods, Chase Bank, Target, 7-Eleven, McDonald’s & More

• Along a Washington, D.C. Great Streets Corridor | Buyer May be Eligible for up to $80,000 in Grants

Listing Agents