3622 GEORGIA AVE NW

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3622 GEORGIA AVE NW

WASHINGTON, DC 20010-1628
Asking Price
$750K
Asset Type
Convenience Store Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Retail property available for purchase at $750,000
  • Convenience store sub-type located in Washington, DC
  • Situated on the high-visibility Georgia Avenue NW corridor
  • C-1 zoning designation supports diverse retail business uses
  • Property sits within a dense and active metropolitan area

What's Special

Priced at $750,000, this retail property at 3622 Georgia Avenue NW presents a functional space for business owners and investors. Classified as a C-1 convenience store, the building occupies a strategic position within the bustling Georgia Avenue corridor of Washington, DC. This submarket serves as a primary transit artery for the district, characterized by consistent foot traffic and a density of residential and mixed-use development that supports local retail operations. Given the layout and established commercial zoning, the site is well-positioned to accommodate a traditional convenience storefront or a niche retail concept serving the immediate neighborhood. The location benefits from its proximity to major north-south transit routes, ensuring visibility for customers moving through the Park View and Petworth sections of the city. Prospective buyers will find this an efficient footprint for a retail business seeking a permanent presence in a well-trafficked metropolitan corridor.

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NOI
$80,000
Cap Rate
10.67%
DSCR
1.80
Strong
Cash-on-Cash
15.77%
Monthly Payment
$3,710.591
Annual Cash Flow
$35,472.911

Location & Travel Times