• Asking Price $1,300,000
  • 7305 GEORGIA AVE NW WASHINGTON, DC 20012

  • 2,213 SqFt
  • Commercial / Resale (MLS)

Property Details for 7305 GEORGIA AVE NW, WASHINGTON, DC 20012

Features

  • Price/sqft: $587
  • Lot Size: 1571
  • Stories: 200
  • Roof Type: Built-up
  • Heating: Forced Air Heating
  • Construction Type: Steel
  • Exterior Walls: Brick veneer

Facts

  • Year Built: 01/01/1927
  • Property ID: 853233223
  • MLS Number: DCDC2093162
  • Parcel Number: 2964- -0027
  • Property Type: Commercial
  • County: DISTRICT OF COLUMBIA
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. PRICE ADJUSTMENT! Established, modern 2-level multi-use building located in a prime business location with booming development all around. Prominently situated within walking distance to the all-new multi-phase development; The Parks at Historic Walter Reed with a new Whole Foods Market. The Parks is a major, one billion dollar project in development. Strong potential for increased foot traffic and values as part of the vibrant and progressing Brightwood neighborhood. This turn-key property is subject to one residential lease ending 2/29/2024. The retail space is vacant. The updated storefront unit is built out into a hair salon that originally opened in 1999 and remodeled in 2012. It features a large open space with LVP flooring, modern lighting, 6 stylist stations, an esthetician station, 3 shampoo stations and multiple hair drying stations, a half bath, and a staff lounge/storage area. The upper level offers a fully remodeled open floor plan unit with 2 bedrooms, Den, 1 full bath, an attractive open kitchen with stainless steel appliances (two ovens), granite countertops, large center island with granite, hardwood floors, stacked washer and dryer, trendy metal stair railing - urban charm! The exterior offers a large private deck, 1 parking space in the rear of the building and ample street parking. There is also a basement area where the utilities are housed. Units are separately metered. This offering is a rare opportunity to acquire a self-sufficient real estate investment with strong property management. Are you a seasoned stylist or barber and ready to step into your destiny of salon ownership - do not miss this fantastic opportunity! Become an owner occupier, live upstairs and work while running your salon or other business downstairs. Property being sold AS-IS. Weekend showings require 24 hours' notice. All showings by appointment.

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Property Brokerage: Long & Foster Real Estate 12520 Prosperity Drive Suite 105 Silver Spring MD 20904
Copyright © 2024 Long & Foster Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.



All information provided is deemed reliable, but is not guaranteed and should be independently verified.