1723 Connecticut Avenue NW presents a rare mixed-use investment and owner-user opportunity in the heart of Washington, DC's highly sought-after Dupont Circle neighborhood. Situated along one of the city's premier commercial corridors and within a short walk of the Dupont Circle Metro Station, the property combines stable in-place income with immediate value-add potential.
The approximately 6,020-square-foot building consists of retail and residential components across three stories plus a lower level and loft. The lower level and first floor, totaling approximately 3,037 square feet, are currently vacant and configured as a second-generation restaurant space featuring existing hood vent and bar infrastructure. The layout offers an opportunity for a multi-level restaurant, bar, hospitality, or retail concept, making the property attractive for owner-users seeking a flagship location in one of DC's most vibrant neighborhoods.
The second floor is leased to a long-term retail tenant, while the third floor contains a renovated two-bedroom residential unit, providing immediate cash flow and offsetting income. Investors can capitalize on the opportunity to lease the vacant restaurant space at market rates, while owner-occupants can establish their business in a highly visible urban location with existing income from the upper floors.
Offered at $2.6 million, 1723 Connecticut Avenue NW provides a compelling combination of location, flexibility, existing income, and future upside.