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1434 Wisconsin Ave NW 1,761 SF Retail Building Washington, DC 20007 $3,183,729 CAD ($1,807.91 CAD/SF)



Investment Highlights
- 16990 cars plus pedestrian traffic
- Located across from CVS
- Fully renovated in 2023
Executive Summary
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.
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.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
1,761 SF
Building Class
C
Year Built/Renovated
1900/2023
Price
$3,183,729 CAD
Price Per SF
$1,807.91 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
1.00
Lot Size
0.04 AC
Zoning
MU-4 - Allows combination of residential, retail, office and other commercial uses at a moderate density.
Frontage
16’ on Wisconsin Ave NW
Amenities
- Security System
- Tenant Controlled HVAC
- Air Conditioning
- Awning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Soulier Shoes
- Retailer
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Soulier Shoes | Retailer | - | - | - |
Exceptionally walkable
100/100
Very drivable
80/100
Exceptional public transit
90/100
Exceptionally bikeable
90/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 1244-0836 | Improvements Assessment | $170,571 CAD |
| Land Assessment | $835,764 CAD | Total Assessment | $1,006,335 CAD |
Property Taxes
Parcel Number
1244-0836
Land Assessment
$835,764 CAD
Improvements Assessment
$170,571 CAD
Total Assessment
$1,006,335 CAD
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1434 Wisconsin Ave NW
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