A. Paul Voutsas and George Boosalis represented a buyer of a 2,800 Sf retail space in our Nations Capital . The building sold for $1,261,000. Boosalis Properties represented the buyer and Feldman Ruel represented the sellers. The sale closed on June 7th 2021. The Property was located at 237 2nd Street North West, Washington Dc in the Capital Hill Market. The current tenant is an english pub called “The Alibi” and has been there since 2015. This transaction was a simultaneous 1031 exchange, and the terms of the deal were expertly negotiated by Paul and George.
The Building was built in 1908, and renovated in 2015.