2653 CONNECTICUT AVE NW $3,888,888

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    2653 CONNECTICUT AVE NW WASHINGTON, DC 20008

    • 5,304 sq. ft.
    • 0.07 Acres
    • Commercial
    • MLS# DCDC2074308
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    Views: 4 Days On Site: 32

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    Property Details

    Unique retail building with a four-story restaurant space and endless renovation potential. The property possesses 5,304 square feet of space spread across its four stories and sits on a 0.07-acre parcel zoned NC-5. The building comes with a recent renovations two years ago that provided modern finishes and upgrades to the building. The exterior is a traditional brick with rows of windows allowing ample natural light. Additionally, an awning and patio add extra curb appeal to passing pedestrians. This asset is currently absentee owner occupied and will be delivered vacant opening many different redevelopment opportunities. The property can be turned into a high-end mixed-use asset with lower-level retail and Upper-level residential space. This renovation will open additional square footage pushing the asset closer to the 10,000 square-foot mark since zoning allows additional FAR. It could also be redeveloped into a high-end commercial or residential-only building with space for up to 9 condo or apartment units (subiect to appropriate zoning approvals) The property is steps from Woodley Park/Adams Morgan Metro Station and the Wardman Tower Luxury Condos. It is also a short five-minute walk from the Smithsonian National Zoo, a heavily visited tourist attraction. The property is nestled along a strip of residential and apartment housing, giving it easy access to local clientele while also being a short walk from the Omni Shoreham Hotel. This is an incredible investment or owner-user opportunity to acquire an ungraded retail asset in the D.C market. Property tours are available by appointment only.

    • General Features
      • County WASHINGTON
      • New Construction Y/N N
      • Sale Type Standard
      • Tax Annual Amount $46,796
      • Tax Year 2021
      • Water Access Y/N N
      • Waterfront Y/N N
      • Year Built 1917
      • Zoning NC-5
    • Building Features
      • Building Total Sq Ft 5304.00
      • Building Units Total 0
      • Cooling Fuel Electric
      • Cooling Type Heat Pump(s)
      • Flooring Type Wood
      • Garage Y/N N
      • Heating Fuel Electric
      • Heating Type Heat Pump(s)
      • Sewer Septic Public Septic
      • Total Garage And Parking Spaces 8
    • Property Features
      • Lot Size Acres 0.07
    • Schools
      • School District DISTRICT OF COLUMBIA PUBLIC SCHOOLS

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    Neighborhood

    20008 (WASHINGTON) Demographics

    37 Median Age
    9,914 Population Density (per sq. mile)
    90% College Educated
    $114,521 Estimated Median Income
    6,006 Estimated Total Home Owners
    9,808 Estimated Total Renters
    38% / 62% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    30,255 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $1,122,500 Median Sales Price
    30 Homes Sold
    19 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $3,888,888
        11/7/2022 10:14:00 AM New in Database Source: Multiple Listing Service New Value: $3,888,888

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        Information is supplied by seller and other third parties and has not been verified. All information provided is deemed reliable but is not guaranteed. All properties are subject to prior sale or withdrawal. Data may not be reproduced or redistributed and may not be used for any purpose other than consumers’ personal, non-commercial use. Copyright 2022 BRIGHT MLS – All Rights Reserved.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.