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1734 Wisconsin Ave NW

2,500 SF 100% Leased Retail Building Washington, DC 20007 $2,789,806 CAD ($1,116 CAD/SF)

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Investment Highlights

No upfront key payment required, Turnkey restaurant
With 1 parking slot available at the back of the building
Close proximity to Embassy Row, prestigious institutions such as Georgetown University, American University, and George Washington University, as well

Zoned MU-4
Capacity Seating: 1st floor - 20 seating, 2nd floor - 30 seats
Excellent access and visibility

Executive Summary

Located at 1734 Wisconsin Ave NW in the heart of Georgetown, this property offers an excellent investment opportunity. It currently houses the esteemed Shanghai Lounge, which operates across both the first and second floors. In addition to the Shanghai Lounge’s two-level occupancy, the building also includes additional office or apartment space on the second floor and features masonry construction. The property provides 2,500 square feet of rentable space with a lower level of extra storage and bathroom, for customer's use. Situated in a dynamic and historic market area, the property benefits from high visibility and significant foot traffic, making it an attractive choice for investors seeking consistent rental income and growth potential. Positioned in the vibrant Georgetown neighborhood of Washington, DC, it is conveniently near Embassy Row, prestigious institutions like Georgetown University, American University, and George Washington University, as well as major attractions such as Georgetown Waterfront Park, The Old Stone House, Dumbarton Oaks, C&O Canal, and Tudor Place Historic House & Garden.

1734 Wisconsin Ave NW, Washington (OM Final)