This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$498,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
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
Full Property Details
Full Property Details for Georgia Ave NW
General
- Price: $498,000
- Taxes: $13,167 (2025)
- Status: Active
- Type: Business
- Source: BrightMLSMidAtlantic
- MLS ID: DCDC2229236
- Updated: 3/6/2026
- Added to Site: 158 day(s) ago
Business
- Business Type: Other/General Retail
Parking
- Parking Type: None
Location
- County: WASHINGTON
- Driving Directions: GPS
- City Limits: Yes
School Information
- School District: District Of Columbia Public Schools
Heating & Cooling
- Heating Type: Other
- Heating Fuel: Other
- Water Heater: Other
Utilities
- Sewer: Other
- Water: Other
Structural Information
- Construction: Concrete
- Building Size: 2728
- Current Bldg. Use: Beer/Wine/Liquor
- Year Built: 1922
- Year Built Source: Assessor
Unit Information
- # Tenants: Single
Lot Features
- Lot Size (Acres): 0.05
- Lot Size (Sq. Ft.): 2,281
- Lot Size Source: Assessor
- Zoning: MU4
Financial Considerations
- Price Per Sq. Ft.: $182.55
- Assessment Year: 2025
- City/TownTax: $13,167
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $842,530
- Tax Amount: $13,167
- Tax Year: 2025
Disclosures and Reports
- Ownership: Leasehold
- Lot Number: 61
Listed by NK Real Estate Group, LLC, Nisha Kaur
Get Pre-Approved Today
Price & Sales History for Georgia Ave NW
Date
Details
Price
Change
Source
10/27/2025
Listed
$498,000
-97.93%
MLS
12/20/2019
Sold
$24,100,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for Georgia Ave NW
Year
Property Taxes
Change
Tax Assessment
Change
2025
$168
—
$10,200
—
2024
$168
1%
$10,200
2%
2023
$167
1%
$10,000
—
2022
$165
—
$10,000
—
2021
$165
-100%
$10,000
-100%
2020
$238,615
—
$12,625,120
—
2019
$238,615
5%
$12,625,120
—
2018
$227,565
—
$12,625,120
—
2016
$227,565
—
$12,625,120
—
2015
$227,565
1422181%
$12,625,120
1262412%
2014
$16
—
$1,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for Georgia Ave NW
Georgia Avenue NW, Washington, DC 20011 (MLS# DCDC2229236) is a Business property. Georgia Avenue NW is currently listed for $498,000 and was received on October 27, 2025. Want to learn more about Georgia Avenue NW? Do you have questions about finding other Business real estate for sale in Washington? You can browse all Washington real estate or contact a Coldwell Banker agent to request more information.

