1721 Wisconsin Avenue NW 1721 Wisconsin Ave NW 7,200 SF Vacant Retail Building Washington, DC 20007 $4,083,184 CAD ($567.11 CAD/SF)
INVESTMENT HIGHLIGHTS
- • Delivered Vacant at Closing | Ideal for a Full- or Partial-User
- • MU-4 Zoning Allows for Retail, Office, Multifamily, Hospitality, & Other By-Right Uses
- • 874 Multifamily Units Proposed or Under Construction Near the Subject Property
- • $409.72 Per Square Foot | Priced Below Many Recent Nearby Commercial Transactions
- • Recent Improvements Include Electrical & Structural Upgrades and a Partial Roof Replacement
EXECUTIVE SUMMARY
Feldman Ruel is pleased to offer for sale 1721 Wisconsin Avenue NW, a 7,200-square-foot commercial building in cold dark shell condition situated on a 3,424-square-foot lot. The subject property is positioned along a highly-trafficked commercial corridor in Washington, D.C. With the subject property's MU-4 zoning permitting a wide range of potential uses and significant capital improvements recently completed, 1721 Wisconsin Avenue NW offers an attractive opportunity for an owner-user or a value-add investor seeking an asset in one of Washington, D.C.’s premier neighborhoods.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Building in Shell Condition
Property Type
Retail
Property Subtype
Building Size
7,200 SF
Year Built
1929
Price
$4,083,184 CAD
Price Per SF
$567.11 CAD
Percent Leased
Vacant
Building Height
2 Stories
Building FAR
2.10
Lot Size
0.08 AC
Zoning
MU-4
Walk Score®
Walker's Paradise (95)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 2154-0042 | Improvements Assessment | $497,548 CAD |
| Land Assessment | $2,340,297 CAD | Total Assessment | $2,837,845 CAD |
