7305 GEORGIA AVE NW Active

Washington,DC 20012

$ 1300000

- Bed

- Bath

2213 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 2,213 sqft

Price per Sqft $587

Subdivision Brightwood

MLS Listing ID DCDC2093162

Year Built 1927

Annual Tax Amount $8,831

Tax Year 2023

Lot Size 1,571 Sqft

Property Description

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.

Location

State DC

County Washington

Zoning MU-4

Interior

Hot Water Natural Gas

Cooling Central A/C,Ceiling Fan(s)

Flooring Luxury Vinyl Plank,Wood

Inclusions All salon fixtures

Exterior

Garage Spaces 1.0

Utilities Available Cable TV,Electric Available,Natural Gas Available,Phone Available,Water Available

Waterfront N

Water Access N

View City,Street

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Acceptable Financing Cash,Conventional,Private

Listing Terms Cash,Conventional,Private

Special Listing Condition Standard

View More
Favorite Go Tour