1721 Wisconsin Ave NW - Restaurant FOR SALE


Washington, DC 20007
$2,950,000 USD
202-318-6800
1721 Wisconsin Ave NW, Washington, DC for Sale
$2,950,000 USD
Restaurant - FOR SALE
1/8
null | Request Cap Rate

1721 Wisconsin Ave NW
Washington, DC 20007


HIGHLIGHTS

  • • Delivered Vacant at Closing | Ideal for a Full- or Partial-User
  • • $409.72 Per Square Foot | Priced Below Many Recent Nearby Commercial Transactions
  • • MU-4 Zoning Allows for Retail, Office, Multifamily, Hospitality, & Other By-Right Uses
  • • Recent Improvements Include Electrical & Structural Upgrades and a Partial Roof Replacement
  • • 874 Multifamily Units Proposed or Under Construction Near the Subject Property

OVERVIEW

Feldman Ruel is pleased to offer for sale 1721 Wisconsin Avenue NW, a 7,200-square-foot commercial building in cold dark shell condition situated on a 3,424-square-foot lot. The subject property is positioned along a highly-trafficked commercial corridor in Washington, D.C. With the subject property's MU-4 zoning permitting a wide range of potential uses and significant capital improvements recently completed, 1721 Wisconsin Avenue NW offers an attractive opportunity for an owner-user or a value-add investor seeking an asset in one of Washington, D.C.’s premier neighborhoods.

FOR SALE DETAILS

PRICE

$2,950,000 USD

PRICE/SF

$410 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

1721 Wisconsin Avenue NW

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Storefront Retail/Office, Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1929

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,424 SF

ZONING

MU-4

APN/PARCEL ID

2154-0000-0042

ASK ABOUT THIS PROPERTY

Ian RuelFeldman RuelMore Info
202-318-6800

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Ian RuelFeldman RuelMore Info
202-318-6800

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.