Log In/Sign Up
Your email has been sent.
2619-2621 Connecticut Ave NW
Washington, DC 20008
Retail Property For Sale
Investment Highlights
- Tenants: Two strong restaurant tenants with leases secured until 2035
- Investment Appeal: Stable, income-generating asset with long-term tenants. Opportunity for future redevelopment into a modern, dynamic space.
- Lease Structure: True NNN lease
Executive Summary
ONE Street Commercial Properties is thrilled to present an incredible Triple Net Investment opportunity in the heart of Northwest, Washington, D.C.
This distinguished property features a 3,850-square-foot building and is home to two strong restaurant tenants with leases extending until 2035. With a true NNN lease structure, there are no landlord responsibilities, ensuring a hassle-free investment. The space is currently built out as single story retail, and the property offers a valuable by-right development opportunity to build above the retail spaces up to 50 feet. This allows for a range of future commercial or residential possibilities, providing exceptional flexibility for investors.
Situated along Connecticut Avenue, the property boasts prime visibility and accessibility in a neighborhood experiencing a surge of new developments. Its strategic location makes it a standout investment opportunity in the nation’s capital. Whether maintained as a stable income-generating asset or redeveloped into a modern, dynamic space, this property presents immense potential.
This distinguished property features a 3,850-square-foot building and is home to two strong restaurant tenants with leases extending until 2035. With a true NNN lease structure, there are no landlord responsibilities, ensuring a hassle-free investment. The space is currently built out as single story retail, and the property offers a valuable by-right development opportunity to build above the retail spaces up to 50 feet. This allows for a range of future commercial or residential possibilities, providing exceptional flexibility for investors.
Situated along Connecticut Avenue, the property boasts prime visibility and accessibility in a neighborhood experiencing a surge of new developments. Its strategic location makes it a standout investment opportunity in the nation’s capital. Whether maintained as a stable income-generating asset or redeveloped into a modern, dynamic space, this property presents immense potential.
Property Facts
Sale Type
Investment
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Building Size
3,850 SF
Building Class
C
Year Built
1935
Price
$4,892,400 CAD
Price Per SF
$1,270.75 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.44
Lot Size
0.20 AC
Zoning
NMU-5A/WP - Located in the heart of the historic Woodley Park neighborhood of Washington, D.C., the area surrounding the property is steeped in elegance & history
Frontage
31’ on Connecticut Ave NW
Property Taxes
| Parcel Number | 2204-0152 | Improvements Assessment | $1,171,323 CAD |
| Land Assessment | $2,223,596 CAD | Total Assessment | $3,394,919 CAD |
Property Taxes
Parcel Number
2204-0152
Land Assessment
$2,223,596 CAD
Improvements Assessment
$1,171,323 CAD
Total Assessment
$3,394,919 CAD
1 of 41
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
