3532 GEORGIA AVENUE NWWASHINGTON, DC20010
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$5,931Prime Development Opportunity with Flexible Use In A High Growth Corridor.Unleash the Full Potential Prime Mixed Use Development Site on HighTraffic Georgia Ave NW. 3532 Georgia Avenue NW represents a rare opportunity to acquire an underdeveloped parcel in the high growth Park View/Columbia Heights corridor of Northwest D.C. Positioned along one of the city's most vibrant commercial arteries the property is offered as a clean slate redevelopment opportunity under favorable Neighborhood Mixed Use NMU zoning. The immediate potential lies in maximizing the permitted Floor Area Ratio FAR for a vertically integrated project featuring ground floor retail/restaurant space and multilevel residential units.The asking price of $1500000 is positioned for an experienced developer who can execute the highest and best use a modern multistory mixed use building that will capitalize on the neighborhood's accelerating residential demand and proximity to the Georgia Avenue Petworth Metro Station.
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