Retail Business for 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

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. It has been on the market for 23 days. Compare it against other retail listings for sale in Washington, DC — <a href="/search/sale/retail/district-of-columbia/washington">view the full market</a>.

As of Q4 2025, the Washington D.C. retail market showed a 3.4% vacancy rate, average asking rents near $34.00/SF/yr, rents up 2.4% year over year, and cap rates around 6.8%. Source: Www.matthews.com Q4 2025 market report.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Retail market FAQ

What is the typical cap rate for retail in Washington D.C.?
About 6.8% as of Q4 2025, per Www.matthews.com.
Is the Washington D.C. retail market tightening or softening?
Vacancy is around 3.4%, with asking rents rising year over year (Q4 2025).

Contact

Explore this market

Similar Retail Business for Sale in Washington, DC