$1,105,000
$1,100,000
0.5%For more information regarding the value of a property, please contact us for a free consultation.
5215 GEORGIA AVE NW Washington, DC 20011
2,607 SqFt
Key Details
Sold Price $1,105,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 2,607 sqft
Price per Sqft $423
Subdivision Petworth
MLS Listing ID DCDC469872
Sold Date 12/15/20
HOA Y/N N
Originating Board BRIGHT
Year Built 1916
Annual Tax Amount $7,097
Tax Year 2019
Lot Size 2,393 Sqft
Acres 0.05
Property Sub-Type Mixed Use
Property Description
5215 Georgia Ave NW is currently built out as a commercial kitchen on the main & cellar levels with offices/bedrooms on the upper level. It offers an investor the opportunity to use in it's current use or to re-purpose for a variety of allowable commercial or retail uses. It's highest & best use is to redevelop into condos or apartments providing a gross buildable square footage of 8,375.5 NON IZ or 9,931 by incorporating inclusionary zoning. The subject has alley access & parking for 2 vehicles. Condos in the immediate area are selling for north of $580 per sq ft.
Location
State DC
County Washington
Zoning MU-4
Interior
Hot Water Natural Gas
Heating Central
Cooling Central A/C
Heat Source Natural Gas
Exterior
Garage Spaces 2.0
Water Access N
View City
Accessibility None
Total Parking Spaces 2
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Tax ID 3001//0066
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Bank Portfolio, Conventional, Negotiable, Private, Other, Seller Financing
Listing Terms Cash, Bank Portfolio, Conventional, Negotiable, Private, Other, Seller Financing
Financing Cash,Bank Portfolio,Conventional,Negotiable,Private,Other,Seller Financing
Special Listing Condition Standard
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Bought with Non Subscribing Member • Non Subscribing Office