2619-2621 Connecticut Ave NW
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2619-2621 Connecticut Ave NW
4,668 SF 100% Leased Retail Building Washington, DC 20008 £2,757,135 (£591/SF)
Executive Summary
ONE Street Commercial Properties is thrilled to present an exceptional redevelopment opportunity in the heart of Northwest, Washington, D.C.
This distinguished property features a 4,668 square foot building with historical architectural charm dating back to 1935. The current layout has two separate fully built out restaurant spaces, and the property provides the ability by right to build above the retail spaces up to 50 feet. This offers versatile potential for various commercial and or residential uses, providing flexibility for future tenants and investors alike. Located in a prime area of Washington, the property enjoys optimal visibility and accessibility via Connecticut Avenue.
The neighborhood has seen a surge of recent developments, setting a strong precedent for how remarkable this property can become. With its rich heritage and strategic positioning, it is an ideal choice for investors looking to enhance their portfolio in the nation’s capital. This property represents a fantastic redevelopment opportunity to create a modern, dynamic space while preserving its historical essence.
This distinguished property features a 4,668 square foot building with historical architectural charm dating back to 1935. The current layout has two separate fully built out restaurant spaces, and the property provides the ability by right to build above the retail spaces up to 50 feet. This offers versatile potential for various commercial and or residential uses, providing flexibility for future tenants and investors alike. Located in a prime area of Washington, the property enjoys optimal visibility and accessibility via Connecticut Avenue.
The neighborhood has seen a surge of recent developments, setting a strong precedent for how remarkable this property can become. With its rich heritage and strategic positioning, it is an ideal choice for investors looking to enhance their portfolio in the nation’s capital. This property represents a fantastic redevelopment opportunity to create a modern, dynamic space while preserving its historical essence.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Development Sale
Property Type
Retail
Property Subtype
Storefront
Building Size
4,668 SF
Building Class
C
Year Built
1935
Price
£2,757,135
Price Per SF
£591
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.54
Land Acres
0.20 AC
Zoning
NMU-5A/WP - The NMU-5A/WP zone is intended to permit compact mixed-use development at a medium density with an emphasis on residential development.
Frontage
31 ft on Connecticut Ave NW
Walk Score ®
Walker's Paradise (92)
Transit Score ®
Excellent Transit (74)
Bike Score ®
Very Bikeable (72)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 2204-0152 | Improvements Assessment | £421,873 |
| Land Assessment | £1,267,271 | Total Assessment | £1,689,144 |
PROPERTY TAXES
Parcel Number
2204-0152
Land Assessment
£1,267,271
Improvements Assessment
£421,873
Total Assessment
£1,689,144
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2619-2621 Connecticut Ave NW
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