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1723 CONNECTICUT AVE NW Washington, DC 20009

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3200000

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-1Bed

-1Bath

-1SqFt

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Key Details

Property Type: Commercial

Sub Type: Retail

Listing Status: Active

Purchase Type: For Sale

Lot Size: 1,358 Sqft

Year Built: 1927

MLS Listing ID: DCDC452382

Total Units: 3

Short Sale: No

HOA Y/N: N

Originating MLS: BRIGHT

Property Description

PROPERTY HIGHLIGHTS~ Building GLA: ~6,020 SF~ Lot Size: 1,358 SF~ Flexible Zoning: MU-20~ In place income: with immediate upside potential~ Sale Price: $3,375,000 / ~$560 psf~ Valuable restaurant infrastructure exists, including grease trap and ventilation~ 3rd Floor Luxury Residential UnitINVESTMENT HIGHLIGHTS:~ 1~2 block to DuPont North station (Redline)~ Additional (FAR) density possible~ In place income with regular increases~ 35,126 Vehicles Per Day~ 98% Walk Score~ Predictable in place cash flow~ Upside in retail and residential rents

Location

State: DC

County: Washington

Zoning: MU20

Direction: West

Interior

Hot Water: Natural Gas

Heating: Forced Air

Cooling: Central A/C

Flooring: Laminated

Inclusions: Full Kitchen and Bar Build Out

Heat Source: Natural Gas

Exterior

Waterfront: N

Water Access: N

Roof Type: Asphalt,Flat

Street Surface: Concrete,Paved

Accessibility: None

Parking Type: None

Garage: N

Building

Lot Dimensions: 77 x 19

Sewer: Public Sewer

Water: Public

New Construction: N

Schools

School District: District Of Columbia Public Schools

Others

Tax Amount: $55,236

Tax Year: 2019

Tax ID: 0091//0034

Ownership: Fee Simple

SqFt Source: Assessor

Acceptable Financing: Conventional,Exchange,Cash,Negotiable

Special Sale: Standard

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Listing provided by Congressional Commercial , LLC

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Nearby School & Properties

School data provided by GreatSchools for your convenience. Please contact schools directly for enrollment eligibility.

PROPERTY HISTORY

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Olson Realty

 302-448-6000

Brokerage RB- 0020318

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