7305 GEORGIA AVE NW

Property Description

Established, modern 2-level mixed-use building located in a prime business location with booming development all around. Prominently situated within walking distance to the all-new multi-phase development; The Parks at Historic Walter Reed with a new Whole Foods Market. The upper level offers a fully remodeled open floor plan unit with 2 bedrooms, 1 den, 1 full bath, an attractive open kitchen with stainless steel appliances (two ovens), granite countertops, large center island with granite, hardwood floors, stacked washer and dryer, trendy metal stair railing - urban charm! The exterior offers a large private deck, 1 parking space in the rear of the building, and ample street parking. There is also a basement area where the utilities are housed. Strong potential for increased foot traffic and values as part of the vibrant and progressing Brightwood neighborhood. This turn-key property is subject to one residential lease through February 2024. The retail space is vacant. The updated storefront unit is built out as a hair salon that originally opened in 1999 and remodeled in 2012 but can be converted into another business type. It currently features a large open space with LVP flooring, modern lighting, 6 stylist stations, an esthetician station, 3 shampoo stations and multiple hair drying stations, a half bath, and a staff lounge/storage area. Units are separately metered. This offering is a rare opportunity to acquire a self-sufficient real estate investment. Are you a seasoned stylist or business owner and ready to step into your destiny of living upstairs and working downstairs running your salon or other business? Or are you savvy buyer who can live upstairs and collect rent from a tenant downstairs to pay a portion of your mortgage. Property being sold AS-IS. Showings require 24 hours' notice. All showings are by appointment.