2619-2621 Connecticut Ave NW - Storefront FOR SALE


Washington, DC 20008
$3,850,000 USD
202-775-4663
2619-2621 Connecticut Ave NW, Washington, DC for Sale
$3,850,000 USD
Storefront - FOR SALE
1/40
null | Request Cap Rate

2619-2621 Connecticut Ave NW
Washington, DC 20008


HIGHLIGHTS

  • Tenants: Two strong restaurant tenants with leases secured until 2035
  • Lease Structure: True NNN lease
  • Investment Appeal: Stable, income-generating asset with long-term tenants. Opportunity for future redevelopment into a modern, dynamic space.

OVERVIEW

ONE Street Commercial Properties is thrilled to present an incredible Triple Net Investment opportunity in the heart of Northwest, Washington, D.C. This distinguished property features a 3,850-square-foot building and is home to two strong restaurant tenants with leases extending until 2035. With a true NNN lease structure, there are no landlord responsibilities, ensuring a hassle-free investment. The space is currently built out as single story retail, and the property offers a valuable by-right development opportunity to build above the retail spaces up to 50 feet. This allows for a range of future commercial or residential possibilities, providing exceptional flexibility for investors. Situated along Connecticut Avenue, the property boasts prime visibility and accessibility in a neighborhood experiencing a surge of new developments. Its strategic location makes it a standout investment opportunity in the nation’s capital. Whether maintained as a stable income-generating asset or redeveloped into a modern, dynamic space, this property presents immense potential.

FOR SALE DETAILS

PRICE

$3,850,000 USD

PRICE/SF

$825 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1935

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

NMU-5A/WP

APN/PARCEL ID

2204-0152

ASK ABOUT THIS PROPERTY

Kevin BrandesSamson Commercial Properties, Broker | ONE StreetMore Info
202-775-4663

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Kevin BrandesSamson Commercial Properties, Broker | ONE StreetMore Info
202-775-4663

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