About 7305 Georgia Ave Nw
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.
Features of 7305 Georgia Ave Nw
MLS® # | DCDC2093162 |
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Price | $1,300,000 |
Bathrooms | 0.00 |
Square Footage | 2,213 |
Acres | 0.04 |
Year Built | 1927 |
Type | Commercial Sale |
Sub-Type | Mixed Use |
Status | Active |
Community Information
Address | 7305 Georgia Ave Nw |
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Subdivision | BRIGHTWOOD |
City | WASHINGTON |
County | WASHINGTON-DC |
State | DC |
Zip Code | 20012 |
Amenities
Utilities | Electric Available, Natural Gas Available, Water Available, Phone Available, Cable TV |
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Parking | Private |
View | Street, City |
Is Waterfront | No |
Interior
Heating | 90% Forced Air |
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Cooling | Central A/C, Ceiling Fan(s) |
Has Basement | No |
Fireplace | No |
# of Stories | 2 |
Exterior
Exterior | Brick and Siding |
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School Information
District | DISTRICT OF COLUMBIA PUBLIC SCHOOLS |
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Additional Information
Date Listed | May 28th, 2023 |
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Days on Market | 141 |
Zoning | MU-4 |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Listing Agent | Nyya Wellington Bance |
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Listing Office | Long & Foster Real Estate, Inc. |
Listing Office Phone | 3013882600 |