3651-3659 Georgia Avenue Northwest
+15,000 SF Value Add Mixed Use w/ Shovel Ready Dev Upside | 1 Block from Petworth Metro
Investment highlights
+15,500 SF mixed-use building on the 3600 block of Georgia Avenue NW in Petworth with eight 1BD/1BA apartments over five retail bays
Benefits from a prime, transit-oriented location just one block from the Georgia Ave Petworth Metro Station, supporting strong rental demand and long-term neighborhood growth.
Includes fully approved plans and permits for a ±42,000 SF mixed-use building with 39 residential units over +3,000 SF of retail, providing a rare opportunity to bypass entitlement risk and immediately execute on development.
Three of the five retail bays are currently leased, offering in-place income, while the remaining retail and residential components present meaningful upside through lease-up and stabilization.
Existing eight residential units are in shell condition and delivered free of TOPA, allowing investors to tailor their buildout, with the option for the seller to deliver the units in turnkey condition for a more immediate path to occupancy.
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