1658 33rd St NW, Washington, DC 20007 — Sale in Washington, DC

  • Price: $1.7M
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Washington, DC 20007
  • Size: 2,924 SF
  • Year built: 1917

Photos

1658 33rd St NW, Washington, DC 20007 — Sale in Washington, DC, photo 1 of 8
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Investment Figures

Price per square foot
$598
Price per unit
$874,950 across 2 units

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

This 2924 SF mixed-use property, located in the heart of Georgetown, offers exceptional investment potential. The property spans three floors and includes a ground-floor retail space, currently leased to the well-regarded Coco Spa through November 30th, 2024, ensuring a stable and reliable rental income stream. The upper floors house an upscale, meticulously maintained residential apartment, ideal for attracting high-quality tenants. Recent property enhancements further boost its value and appeal. Investors can expect immediate rental returns with the retail space already leased and the residential unit in prime condition. The property is situated in Georgetown's robust rental market, offering significant potential for long-term value appreciation. Georgetown's desirable location ensures consistent demand, making this a unique and lucrative investment opportunity. Seize the chance to invest in this prime Georgetown property, combining immediate rental income with the promise of future growth in one of Washington DC's most vibrant neighborhoods. Building SF: 2924 | Land Size: 0.02 Ac | Year Built: 1917 | Listing Type: FOR SALE

Market Context

This retail in Washington, DC is listed for sale at $1,749,900 across 2,924 SF ($598/SF). The building dates to 1917. Compare it against other retail listings for sale in Washington, DC — view the full market.

Estimated Price per SF

$195.94/SF – $1,425/SF

Mid: $593.76/SF

Estimated price for 2,924 SF: $1,736,154 (range $572,929 – $4,166,758)

About 8 in 10 recent recorded sales fell within a range this wide around the estimate. An automated estimate, not an appraisal.

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