{"id":1004154333,"date":"2016-10-04T05:15:52","date_gmt":"2016-10-04T13:15:52","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004154333"},"modified":"2020-05-18T12:25:41","modified_gmt":"2020-05-18T20:25:41","slug":"waterfront-inn-changes-hands-in-dcs-georgetown-area","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/waterfront-inn-changes-hands-in-dcs-georgetown-area\/","title":{"rendered":"Waterfront Inn Changes Hands in DC\u2019s Georgetown Area"},"content":{"rendered":"

By Bogdan Odagescu, Associate Editor<\/em><\/p>\n

\"Canal<\/a>

Canal Inn Georgetown, Washington<\/p><\/div>\n

Washington<\/strong>\u2014Marcus & Millichap<\/a> recently announced the sale of Canal Inn in Washington\u2019s Georgetown area<\/a>. The 3,350-square-foot boutique inn<\/a> sold for a little under $2.3 million, roughly $672 per square foot.<\/p>\n

A D.C.-based Marcus & Millichap team led by Vice President of Investments Marty Zupancic, Associate Vice President of Investments Peggy Brooks and Investments Specialist Christian Barreiro marketed the property on behalf of an individual trust. The identity of the buyer has not been disclosed.<\/p>\n

Located at 1061 31st<\/sup> St., NW., on the Chesapeake & Ohio Canal, the 10-key historic property was built in 1831 and underwent complete renovations in 2012. According to Curbed Washington DC<\/a><\/em>, the asset landed on the market in May 2016, with the anonymous buyer matching the asking price.<\/p>\n

Close to Georgetown\u2019s plethora of retail and dining destinations, the inn is situated within a 15-minute walk from Dupont and Washington circles, as well as from the George Washington University and D.C.\u2019s Golden Triangle area.<\/p>\n

Image courtesy of Marcus & Millichap<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Marcus & Millichap closed the sale at $672 per square foot.<\/p>\n","protected":false},"author":740,"featured_media":1004154343,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21751,11,21742,1615],"tags":[],"class_list":["post-1004154333","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-hotel","category-midatlantic","category-latest","category-washington-dc"],"acf":[],"yoast_head":"\nWaterfront Inn Changes Hands in DC\u2019s Georgetown Area - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/waterfront-inn-changes-hands-in-dcs-georgetown-area\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Waterfront Inn Changes Hands in DC\u2019s Georgetown Area\" \/>\n<meta property=\"og:description\" content=\"Marcus & Millichap closed the sale at $672 per square foot.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/waterfront-inn-changes-hands-in-dcs-georgetown-area\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2016-10-04T13:15:52+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-05-18T20:25:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/Canal-Inn-Georgetown.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"532\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Bogdan Odagescu\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/waterfront-inn-changes-hands-in-dcs-georgetown-area\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/waterfront-inn-changes-hands-in-dcs-georgetown-area\\\/\"},\"author\":{\"name\":\"Bogdan Odagescu\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/b496539dc21c086e1deff9b417453162\"},\"headline\":\"Waterfront Inn Changes Hands in DC\u2019s Georgetown Area\",\"datePublished\":\"2016-10-04T13:15:52+00:00\",\"dateModified\":\"2020-05-18T20:25:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/waterfront-inn-changes-hands-in-dcs-georgetown-area\\\/\"},\"wordCount\":189,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/waterfront-inn-changes-hands-in-dcs-georgetown-area\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2016\\\/10\\\/Canal-Inn-Georgetown.jpg\",\"articleSection\":[\"Deals\",\"Hotel\",\"Mid-Atlantic\",\"News\",\"Washington D.C.\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/waterfront-inn-changes-hands-in-dcs-georgetown-area\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/waterfront-inn-changes-hands-in-dcs-georgetown-area\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/waterfront-inn-changes-hands-in-dcs-georgetown-area\\\/\",\"name\":\"Waterfront Inn Changes Hands in DC\u2019s Georgetown Area - 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