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3408 Connecticut Avenue NW

WASHINGTON, DC 20008
  • $1,999,000
  • STATUS: Active
  • ON SITE: 61 Days
  • ID#: DCDC2095462
UPDATED: 50 min ago
$1,999,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
2023
County:

School Ratings & Info

Description

Ready to sell. Price adjustment. Commercial retail property featuring 2,300 SF on a highly visible corner lot in the wealthy Cleveland Park neighborhood of Washington, DC. The brand-new property, currently being built, will be completed at the end of September 2023. Located on the main-level unit of a building with 16-foot ceilings, this versatile property can be customized by the buyer and turned into a retail store, office space or restaurant. There is a parking space to load and unload. In addition, the property is next to the Cleveland Park Metro stop, and more developments are underway in this area. This is a low-maintenance and high-income-producing investment.Nearby are numerous trendy shops, CVS, a movie theater, bars, and restaurants. Plus, this area has lots of foot traffic and vehicle traffic from affluent homeowners who live nearby. The average household income of people living within a mile of the property was $160,874 in 2022, with a median home value of $846,606 and a median age of 38. They+GGre educated professionals, too: 82% have a bachelor's degree or advanced degree. Vehicle traffic in the area averaged 110,676 per day in 2022.It is an exciting opportunity to own your own retail for your own business or buy as an investment property in one of Washington, DC+GGs premier neighborhoods!

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©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or EXIT Realty Enterprises. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-10-01T09:53:26.623.
www.exitrealtyenterprises.com/homes/141976054
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3408 Connecticut Avenue NW WASHINGTON, DC 20008

  • Price: $1,999,000
  • Status: Active
  • On Site: 61 Days
  • Updated: 50 min ago
  • ID#: DCDC2095462
0
Beds
0
Baths
0
½ Baths
N/A
Acres
2023
Built
County:
Washington
School District:
District Of Columbia Public Schools
Property Description
Ready to sell. Price adjustment. Commercial retail property featuring 2,300 SF on a highly visible corner lot in the wealthy Cleveland Park neighborhood of Washington, DC. The brand-new property, currently being built, will be completed at the end of September 2023. Located on the main-level unit of a building with 16-foot ceilings, this versatile property can be customized by the buyer and turned into a retail store, office space or restaurant. There is a parking space to load and unload. In addition, the property is next to the Cleveland Park Metro stop, and more developments are underway in this area. This is a low-maintenance and high-income-producing investment.Nearby are numerous trendy shops, CVS, a movie theater, bars, and restaurants. Plus, this area has lots of foot traffic and vehicle traffic from affluent homeowners who live nearby. The average household income of people living within a mile of the property was $160,874 in 2022, with a median home value of $846,606 and a median age of 38. They+GGre educated professionals, too: 82% have a bachelor's degree or advanced degree. Vehicle traffic in the area averaged 110,676 per day in 2022.It is an exciting opportunity to own your own retail for your own business or buy as an investment property in one of Washington, DC+GGs premier neighborhoods!
Exterior Features

Construction Materials Concrete Garage YN No Location Type Downtown Parking Features Public Parking Types On Street Property Condition Excellent Riparian Rights YN No Soil Types Urban Land Not Rated Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 2300.00 Cooling Central A/C Heating Heat Pump(S) Heating YN Yes Net Square Feet 2300.00

Property Features

Accessibility Features 48"+ Halls36"+ Wide HallsLevel Entry - MainNo Stairs Business Type Big Box RetailHair Salon And SpaMedicalOther/General RetailProfessionalReligious FacilityRestaurant/BarSchoolSupermarket/Grocery Store Central Air YN Yes Construction Completed YN No Cooling Fuel Electric Cross Street Connecticut Ave Nw And Newark St Nw Entry Level 1 Heating Fuel Natural Gas Historic YN No Hot Water Natural Gas Lease Considered YN Yes Navigable Water YN N New Construction YN Yes Number Of Units Total 1 Original MLSNumber 802330972362 Ownership Interest Condominium Possession Settlement Property Sub Type Retail Sale Type Standard Sewer Public Sewer Tax Annual Amount 0.00 Tax Assessment Amount 0.00 Transportation Bus Stop Less Than 1 MileMetro/Subway Station Less Than 1 Mile Utilities Electric AvailableNatural Gas AvailableSewer AvailableWater Available Vacation Rental YN No Water Source Public Zoning Commercial

Listing courtesy of Long & Foster Real Estate, Inc.: .


©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or EXIT Realty Enterprises. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-10-01T09:53:26.623.
 
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EXIT Realty Enterprises
8701 Georgia Avenue, Suite 509
Silver Spring MD, 20910