1734 Wisconsin Ave NW - Storefront Retail/Office FOR SALE


Washington, DC 20007
$1,929,900 USD
240-505-9600
1734 Wisconsin Ave NW, Washington, DC for Sale
$1,929,900 USD
Storefront Retail/Office - FOR SALE
1/8
null | Request Cap Rate

1734 Wisconsin Ave NW
Washington, DC 20007


HIGHLIGHTS

  • Situated in the heart of Georgetown, 1734 Wisconsin Ave NW offers a prime investment opportunity
  • No upfront key payment required, fully equipped turnkey restaurant
  • Features 2,500 square feet of rentable space with a lower level of extra storage and bathroom, for customer's use.
  • Currently houses the esteemed Shanghai Lounge, which operates across both the 1st floor - 20 seating, and 2nd floor - 30 seating.
  • Close proximity to Embassy Row, as well as prestigious institutions such as Georgetown University,American University,and George Washington University
  • Excellent access and visibility

OVERVIEW

Located at 1734 Wisconsin Ave NW in the heart of Georgetown, this property offers an excellent investment opportunity. It currently houses the esteemed Shanghai Lounge, which operates across both the first and second floors. In addition to the Shanghai Lounge’s two-level occupancy, the building also includes additional office or apartment space on the second floor and features masonry construction. The property provides 2,500 square feet of rentable space with a lower level of extra storage and bathroom, for customer's use. Situated in a dynamic and historic market area, the property benefits from high visibility and significant foot traffic, making it an attractive choice for investors seeking consistent rental income and growth potential. Positioned in the vibrant Georgetown neighborhood of Washington, DC, it is conveniently near Embassy Row, prestigious institutions like Georgetown University, American University, and George Washington University, as well as major attractions such as Georgetown Waterfront Park, The Old Stone House, Dumbarton Oaks, C&O Canal, and Tudor Place Historic House & Garden.

FOR SALE DETAILS

PRICE

$1,929,900 USD

PRICE/SF

$772 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1923

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,307 SF

ZONING

MU-4

APN/PARCEL ID

1298-0809

ASK ABOUT THIS PROPERTY

Terring WangKW COMMERCIALMore Info
240-505-9600

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

Terring WangKW COMMERCIALMore Info
240-505-9600

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