1736 Connecticut Ave NW - Restaurant FOR SALE


Washington, DC 20009- Dupont Circle
$2,250,000 USD
202-652-2334
1736 Connecticut Ave NW, Washington, DC for Sale
$2,250,000 USD
Restaurant - FOR SALE
1/8
null | Request Cap Rate

NEW


1736 Connecticut Ave NW
Washington, DC 20009
Dupont Circle


HIGHLIGHTS

  • Fully vacant, four-level retail/restaurant building in the heart of Dupont Circle
  • 4,965 SF building on a 1,464 SF lot, zoned MU-8B/DC (5.0 FAR, 7,320 SF buildable by right)
  • One block from the The Geneva, a 530 unit office to residential conversion by Post Brothers
  • Flexible layout suited for retail, restaurant, hospitality, or mixed-use concepts
  • Located just 900 feet from the Dupont Circle Metro Station, one of the top 10 stations in the system by ridership
  • 23,332 residents within a half-mile, with $202,419 average HH income (growing 1.39% annually)

OVERVIEW

KLNB is pleased to exclusively present 1736 Connecticut Avenue NW, a fully vacant retail building located in the heart of Washington, D.C.’s Dupont Circle neighborhood. Encompassing approximately 4,965 square feet a cross four levels on a 1,464 SF lot, the property offers investors and users an exceptional leasing or repositioning opportunity along one of the city’s most prestigious commercial corridors. The property sits caddy-corner from The Geneva, the largest office to residential conversion project in DC. The $750 million Post Brothers development is under construction and will deliver over 500 residential units. Originally home to D.C.’s first Japanese restaurant, Tokyo Skiyaki, and most recently operated as a Cajun-inspired restaurant and lounge, the building retains a flexible layout, with right of way acccess to 21st St, that lends itself well to a wide variety of retail, hospitality, or mixed-use concepts. The site is zoned MU-8B/DC, allowing up to 5.0 FAR and 7,320 SF of buildable area (by right), subject to Dupont Circle Historic District guidelines.

FOR SALE DETAILS

PRICE

$2,250,000 USD

PRICE/SF

$453 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Storefront

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1912

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,461 SF

ZONING

MU-8B/DC

APN/PARCEL ID

0092-0053

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.