Washington, DC 20011,GEORGIA AVE NW
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Listed by Nisha Kaur • NK Real Estate Group, LLC
$498,000
Est. payment /mo
2,281 Sqft Lot
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UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID DCDC2229236

Year Built 1922

Annual Tax Amount $13,167

Tax Year 2025

Lot Size 2,281 Sqft

Acres 0.05

Property Sub-Type Retail

Source BRIGHT

Property Description

Liquor licenses since 1960 – 7-day license,9:00 AM to 12:00 Midnight



$350,000

$1,400,000

$5,200 per Month (Rent)



Financial Overview – Last 3 Years



2024: $1,126,180 in sales with a 30% profit margin, estimated take-home approximately $340K
2023: $1,421,404 in sales with a 30% profit margin, estimated take-home approximately $426K
2022: $2,325,612 in sales with a 20% profit margin, estimated take-home approximately $465K
3-Year Average Sales: $1.624M



The business is available for purchase at $498K. Please note that inventory, currently valued between $200K–$300K, is not included in the sale.



Operations & Expenses

Average Monthly Sales: $150K

Rent: $4,000/month plus NNN $1,000 (Total $5,200/month)

Utilities: Approximately $1,000/month

Payroll: $8,000/month for 2 full-time and 1 part-time staff

Business Highlights

Over 10 years in operation

Very busy and well-established liquor store

5-star customer reviews

Low rent in a prime location

2-level building: 1,500 sq ft main level and 1,500 sq ft basement

Turnkey business with experienced staff

Well-maintained fixtures and refrigeration units

Opportunity for growth and expansion

Location

State DC

County Washington

Zoning MU4

Interior

Hot Water Other

Heating Other

Heat Source Other

Exterior

Water Access N

Accessibility Other

Garage N

Building

Sewer Other

Water Other

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Tax ID 3001//0061

Ownership Leasehold

Special Listing Condition Standard


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Bright MLS (BMLS)

NEARBY SCHOOLS & PROPERTIES

SCHOOLS PROPERTIES
Elementary Schools 20
  • 10

    Eaton Elementary School

    Public | PK - 5

  • 10

    Oyster Adams Bilingual School Oyster

    Public | PK - 8

  • 10

    Ross Elementary School

    Public | EE - 5

  • 9

    Murch Elementary School

    Public | PK - 5

  • 9

    Lafayette Elementary School

    Public | PK - 5

  • 9

    Shepherd Elementary School

    Public | PK - 5

  • 9

    D C Preparatory Edgewood Elementary Public Charter School

    Public | PK - 3

  • 8

    Hearst Elementary School

    Public | PK - 5

  • 8

    Marie Reed Elementary School

    Public | EE - 5

  • 8

    Latin America Montessori Bilingual Lamb Public Charter School

    Public | PK - 5

  • 8

    West Education Campus

    Public | EE - 5

  • 8

    Inspired Teaching Demonstration Public Charter School

    Public | PK - 5

  • 8

    Truesdell Education Campus

    Public | EE - 5

  • 8

    Barnard Elementary School

    Public | EE - 5

  • 8

    Washington Latin Public Charter School Middle School

    Public | 5 - 8

  • 8

    Washington Yu Ying Public Charter School

    Public | PK - 6

  • 8

    D C Preparatory Edgewood Middle Campus Public Charter School

    Public | 4 - 8

  • 7

    Creative Minds International Public Charter School

    Public | PK - 3

  • 7

    Mundo Verde Bilingual Public Charter School

    Public | PK - 2

  • 7

    D C Bilingual Public Charter School

    Public | PK - 6

Middle Schools 18
  • 9

    Takoma Park Middle School

    Public | 6 - 8

  • 8

    Hardy Middle School

    Public | 6 - 8

  • 7

    Columbia Heights Education Campus

    Public | 6 - 8

  • 6

    Howard University Middle School of Math and Science

    Public | 6 - 8

  • 5

    Cesar Chavez Public Charter School for Public Policy Chavez Preparatory

    Public | 6 - 9

  • 5

    Paul Public Charter School Middle School

    Public | 6 - 8

  • 0

    Edmund Burke School

    Private | 6 - 12

  • 0

    Parkmont School

    Private | 6 - 12

  • 0

    MacFarland Middle School

    Public | 6 - 8

  • 0

    San Miguel School

    Private | 6 - 8

  • 0

    San Miguel School

    Private | 6 - 8

  • 0

    New North Middle School

    Public | 6 - 8

  • 0

    Shaw Middle School

    Public | 6 - 8

  • 0

    National Children's Center

    Private | 6 - 12

  • 0

    Choice Academy at Emery

    Public | 7 - 11

  • 0

    Kirov Academy of Ballet of Washington D.C.

    Private | 7 - 12

  • 0

    Youth Services Center

    Public | 7 - 12

  • 0

    Brookland Middle School

    Public | 6 - 8

High Schools 20
  • 10

    Benjamin Banneker Academy High School

    Public | 9 - 12

  • 10

    Washington Latin Public Charter School Upper School

    Public | 9 - 12

  • 10

    McKinley Technology High School

    Public | 9 - 12

  • 9

    Ellington School of the Arts

    Public | 9 - 12

  • 7

    E L Haynes Public Charter School Kansas Ave High School

    Public | 9 - 11

  • 4

    Coolidge High School

    Public | 9 - 12

  • 4

    Dunbar High School

    Public | 9 - 12

  • 3

    Cardozo Education Campus

    Public | 9 - 12

  • 2

    Roosevelt High School

    Public | 9 - 12

  • 0

    Georgetown Visitation Preparatory School

    Private | 9 - 12

  • 0

    St Johns College High School

    Private | 9 - 12

  • 0

    Emerson Preparatory School

    Private | 9 - 12

  • 0

    The School for Ethics and Global Leadership

    Private | 11 - 11

  • 0

    Latin America Youth Center Career Academy

    Public | 9 - 12

  • 0

    The Next Step Public Charter School

    Public | 9 - 12

  • 0

    Booker T Washington Public Charter School

    Public | 9 - 12

  • 0

    The Nora School

    Private | 9 - 12

  • 0

    Paul Public Charter School International High School

    Public | 9 - 10

  • 0

    Hospitality Public Charter School

    Public | 9 - 12

  • 0

    Washington Metropolitan High School Formerly Yea

    Public | 9 - 12

School and business data provided by Attom Data.

GET MORE INFORMATION

Eric Clash

Eric Clash

+1(443) 621-0120

Agent & Founder of Clash Home Team | License ID: 535187

Agent & Founder of Clash Home Team License ID: 535187

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GEORGIA AVE NW