2619 -2621 Connecticut Ave NW,WASHINGTON, DC 20008
WASHINGTON, DC 20008
Description
2619-2621 Connecticut Ave NW is an incredible Triple Net (NNN) 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.
Details
| MLS # | DCDC2186946 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1935 |
| Days On Site | 100 |
| Listing Provided By | Samson Properties | Pablo Diego Flower |
Features
| Zoning | NMU-5A/WP |
|---|---|
| Acreage | 0.10 |
Interior
| Cooling | Central A/C |
|---|---|
| Heating Yes / No | Yes |
| Heating | Central |
Exterior
| Construction Materials | Brick |
|---|
Parking
| Garage Yes / No | No |
|---|
Utilities
| Sewer | Public Sewer |
|---|
Taxes
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 41611 |
| Tax Lot | 152 |
Market Activity 20008
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Learn More About This Property
| State | DC |
|---|---|
| County | WASHINGTON DC |
| City | WASHINGTON |
| Zip Code | 20008 |
| Area | WASHINGTON DC |
| School District | DISTRICT OF COLUMBIA PUBLIC SCHO |
| Listing VS Median (in 20008) | |
Price: $3,850,000 low | high Med: $548,500 On site: 100 low | high Med: 88.000000 | |