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7327 & 7329 Georgia Ave NwWashington, DC 20012Price: $1,800,000

  • Price: $1,800,000
  • 15 Days on Market
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Federal 30-year interest rate: 5.22% last updated on Aug 11, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,800,000List Price
  • 0.08Acreage
  • 1937Year Built

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Listed by Jeffrey E Stein of Tranzon Fox
AUCTION! Developers take note. Two adjacent leased commercial properties zoned MU-4 on Georgia Avenue are ripe for redevelopment. The addresses are 7327 and 7329 Georgia Avenue NW. The properties are currently leased to 3 tenants with annual rents totaling over $131,084. The buildings total approximately 6,117 square feet and the combined lots total 3,364 square feet. There is alley access in the rear. MU-4 zoning allows a 2.5 FAR so there is potential for expansion. Leases and rent rolls are available for review with signed confidentiality agreement. Purchaser will be buying both properties. They will not be offered individually. This is an online auction which ends at noon on Wednesday August 17th. List price is suggested opening bid. Actual price to be determined at AUCTION!!

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Copyright 2022 BRIGHT, All Rights Reserved.  Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which The Bowers Group | Compass participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated August 12, 2022. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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