1434 Wisconsin Ave NW - Storefront FOR SALE


Washington, DC 20007- Georgetown
$2,300,000 USD
301-351-5274
1434 Wisconsin Ave NW, Washington, DC for Sale
$2,300,000 USD
Storefront - FOR SALE
1/23
null | Request Cap Rate

Jan '27


1434 Wisconsin Ave NW
Washington, DC 20007
Georgetown


HIGHLIGHTS

  • 16990 cars plus pedestrian traffic
  • Fully renovated in 2023
  • Located across from CVS

OVERVIEW

Located directly across from CVS Pharmacy and benefiting from approximately 16,990 cars per day plus exceptional pedestrian traffic, this prominently positioned commercial property offers a rare owner-user or investment opportunity along one of Washington’s most active retail corridors. Recently “gutted” and expanded to approximately 1,761 SF on two levels, the property is currently operated as a fine Italian shoe store under an existing Certificate of Occupancy. Meticulously renovated in 2022-2023 with exceptional attention to detail, virtually every component of the building was rebuilt, including joists, exterior walls, staircases, flooring, lighting, electrical, mechanical systems, plumbing, drywall, roof, and windows. The property is ideally suited for an owner-occupant seeking a highly visible presence in a premier urban location. MU-4 zoning permits a broad range of retail, medical, office, and service-oriented uses. Conveniently located near the Georgetown Waterfront, Francis Scott Key Bridge, Interstate 66, and major commuter routes, the property is surrounded by established restaurants, medical uses, salons, technology retailers, and boutique clothiers. The existing owner desires a rent-back arrangement and will lease the property for $10,000 per month NNN for two months following a six-month delayed settlement, allowing time to liquidate inventory. Disclosure: Information is derived from multiple sources. Square footages and other information must be verified.

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/SF

$1,306 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Bar, Restaurant, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,761 SF

ZONING

MU-4

APN/PARCEL ID

1244-0836

ASK ABOUT THIS PROPERTY

Joseph G. ZorcColdwell Banker RealtyMore Info
301-351-5274

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Joseph G. ZorcColdwell Banker RealtyMore Info
301-351-5274

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