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2616 Georgia Ave
For Sale $1,000,000
$1,000,000
- 0 Units
- Unknown Sq Ft
- Unknown Sq Ft
- Unknown Cap Rate
Description
Recent Tenant signed a lease in December 2024. The tenant is backed by a division of the Presbyterian Church and has over 8 figures of cash on their balance sheet. Both Tenant and Landlord have the option to end the lease each year in December.
This property is ideal for an office space user, a retailer or restaurant who would convert the space, or a residential developer looking to take advantage of 2750 sf of land.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,000,000 |
| Property Type | Flex Space |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1910 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 2884//0034 |
| MLS # | DCDC2147834 |
| Property ID | 320614333 |
| Lot Sqft | Unknown |
| Zoning | MU4 /RF1 |
| Days on Market | 201 |
| Original List Price | Unknown |
| Date Updated | January 06, 2025 |
| Date Created | June 24, 2024 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $65,000 | $0 |
| Net Income (Yr) | $ 5,154 |
| Cap Rate | 5.14% |
Listing Provided By
Christopher L Dixon an agent of . Lic #PB98368769
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Data last updated: January 11, 2025.
Robert Crawford
REAL ESTATE AGENT