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    5215 Georgia Avenue NW

    WASHINGTON, DC 20011
    • $1,100,000
    • STATUS: Active Under Contract
    • ON SITE: 153 days
    • ID#: DCDC469872
    Under Contract
    UPDATED: 19 min ago
    $1,100,000
    • 0
      BEDS
    • 0.05
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1916
    County:

    School Ratings & Info

    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.

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    ©2020 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Dart Homes | Re/Max Realty Services. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2020-10-24T09:52:02.093.
    www.darthomes.com/homes/106178947
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    5215 Georgia Avenue NW WASHINGTON, DC 20011

    • Price: $1,100,000
    • Status: Active Under Contract
    • Updated: 19 min ago
    • ID#: DCDC469872
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.05
    Acres
    1916
    Built
    Neighborhood:
    Petworth
    County:
    Washington
    School District:
    District Of Columbia Public Schools
    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.
    Exterior Features

    Construction Materials Brick FrontMixed Garage YN No Location Type Urban Parking Features Surface Parking Types Off Site Property Condition Average Riparian Rights YN No Soil Types Unknown View City Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Building Area Total 2607.00 Cooling Central A/C Heating Central Heating YN Yes Net Square Feet 3200.00

    Property Features

    Acceptable Financing CashBank PortfolioConventionalNegotiablePrivateOtherSeller Financing Accessibility Features None Assessment Year 2019 Association YN No Business Type Other Central Air YN Yes Cooling Fuel Electric Heating Fuel Natural Gas Hot Water Natural Gas Lease Considered YN No Navigable Water YN N New Construction YN No Original MLSNumber 304137695043 Ownership Interest Fee Simple Possession 0-30 Days CdImmediateSettlement31-60 Days Cd Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 7097.00 Tax Assessment Amount 465540.00 Tax Lot 66 Vacation Rental YN No Water Source Public Zoning Mu-4 Zoning Description Mixed Use Moderate Density Development. See Zoning Code For Details

    Listing courtesy of Re/Max Realty Services.


    ©2020 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Dart Homes | Re/Max Realty Services. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2020-10-24T09:52:02.093.
     
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