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Map
$1,300,000
●
Commercial -
For Sale
7305 GEORGIA AVE NW
WASHINGTON, DC 20012
Studio
0 Bath
$6,384
Estimated Monthly
$0
HOA / Fees
About This Property
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.
Unit Size
-
Days on Market
344 days
Land Size
0.04 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
$724
HOA Dues
-
Year Built
1927
Listed By
Last updated: 4 months ago (Bright MLS #DCDC2093162)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
May 28, 2023 | Listed by Long & Foster Real Estate, Inc. | $1,300,000 | |
Listed by Long & Foster Real Estate, Inc. |
Property Highlights
Air Conditioning
With View
Parking Details
Parking Features: Driveway
Total Garage and Parking Spaces: 1
Interior Details
Interior Information
Flooring Type: Luxury Vinyl Plank, Wood
Exterior Details
Property Information
Ownership Interest: Fee Simple
Property Condition: Excellent
Year Built Source: Assessor
Building Information
Construction Materials: Brick
Lot Information
Tidal Water: N
Lot Size Source: Assessor
Land Information
Land Assessed Value: $535,210
Financial Details
County Tax: $0
County Tax Payment Frequency: Annually
City Town Tax: $8,690
City Town Tax Payment Frequency: Annually
Tax Assessed Value: $535,210
Tax Year: 2022
Tax Annual Amount: $8,690
Year Assessed: 2022
Utilities Details
Central Air
Cooling Type: Central A/C, Ceiling Fan(s)
Heating Type: 90% Forced Air
Cooling Fuel: Electric
Heating Fuel: Natural Gas
Hot Water: Natural Gas
Sewer Septic: Public Sewer
Water Source: Public
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
House
5
Beds
3
Baths
2,423 ft²
$516/ft²
$1,250,000
Mar 17, 2023
$1,250,000
May 25, 2023
-
House
4
Beds
3
Baths
2,482 ft²
$483/ft²
$1,200,000
Mar 25, 2023
$1,200,000
Apr 18, 2023
-
House
3
Beds
3
Baths
1,880 ft²
$420/ft²
$790,000
Apr 7, 2023
$790,000
Aug 23, 2023
-
House
3
Beds
5
Baths
2,622 ft²
$490/ft²
$1,285,000
Apr 14, 2023
$1,285,000
May 12, 2023
-
House
4
Beds
4
Baths
2,525 ft²
$606/ft²
$1,530,228
Mar 3, 2023
$1,530,228
Apr 10, 2023
-
House
4
Beds
4
Baths
2,152 ft²
$523/ft²
$1,125,000
Oct 20, 2023
$1,125,000
Nov 20, 2023
-
House
2
Beds
2
Baths
2,213 ft²
$587/ft²
$1,300,000
Jan 30, 2024
-
-
In Contract
House
8
Beds
6
Baths
4,861 ft²
$288/ft²
$1,399,999
Oct 19, 2023
-
-
Active
House
3
Beds
4
Baths
2,243 ft²
$664/ft²
$1,490,000
Nov 18, 2023
-
-
Condo
3
Beds
3
Baths
1,405 ft²
$818/ft²
$1,149,900
Jan 21, 2024
-
-
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|
Building Info
7305 Georgia Avenue Northwest
7305 Georgia Avenue Northwest, Washington, DC 20012
- 2 Units for Sale
About Takoma - DC
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