7305 GEORGIA AVE NW Active Save Request In-Person Tour Request Virtual Tour
Washington,DC 20012
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
Originating Board BRIGHT
Year Built 1927
Annual Tax Amount $8,831
Tax Year 2023
Lot Size 1,571 Sqft
Acres 0.04
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
Heat Source Natural Gas
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
Accessibility None
Parking Type Driveway
Total Parking Spaces 1
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Tax ID 2964//0027
Ownership Fee Simple
SqFt Source Assessor
Security Features Main Entrance Lock,Smoke Detector,Electric Alarm,Carbon Monoxide Detector(s)
Acceptable Financing Cash,Conventional,Private
Listing Terms Cash,Conventional,Private
Financing Cash,Conventional,Private
Special Listing Condition Standard