1634 Wisconsin Ave NW - Storefront FOR SALE


Washington, DC 20007- Georgetown
$3,400,000 USD
202-652-2334
1634 Wisconsin Ave NW, Washington, DC for Sale
$3,400,000 USD
Storefront - FOR SALE
1/4
null | Request Cap Rate

1634 Wisconsin Ave NW
Washington, DC 20007
Georgetown


OVERVIEW

KLNB Urban Capital Markets is pleased to exclusively present the fee simple interest in 1634 Wisconsin Ave NW, a prime 5,200 square foot retail asset located in the renowned Georgetown submarket of Washington D.C. This single-story plus lower level building offers a compelling value-add or owner/ user opportunity. Currently occupied by Mattress Firm paying below-market rent, there is a 90 day termination option providing in place income and business plan optionality to a new owner. Strategically positioned with high visibility on Wisconsin Avenue in the Book Hill neighborhood of Georgetown, the property sees over 17,000 vehicles per day. Unique to the neighborhood, 1634 Wisconsin Ave has a roll-up loading bay accessible from 33rd St, as well as parking that can accommodate up to three vehicles.

FOR SALE DETAILS

PRICE

$3,400,000 USD

PRICE/SF

$654 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

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

MU-4

APN/PARCEL ID

1279-0810

ASK ABOUT THIS PROPERTY

Vito LupoKLNBMore Info
202-652-2334

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Vito LupoKLNBMore Info
202-652-2334

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