1721 Wisconsin Avenue NW
Washington, D.C. 20007
The Offering
Summary
- List Price $2,950,000
- Gross Building Area 7,200 SF
- Occupancy 0%
- Zoning MU-4
- Most Recent Use Retail/Restaurant
- Allowable Uses Retail, Office, Multifamily, Hospitality, & More
Investment 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.
Investment Highlights
• Delivered Vacant at Closing | Ideal for a Full- or Partial-User
• $409.72 Per Square Foot | Priced Below Many Recent Nearby Commercial Transactions
• MU-4 Zoning Allows for Retail, Office, Multifamily, Hospitality, & Other By-Right Uses
• Recent Improvements Include Electrical & Structural Upgrades and a Partial Roof Replacement
• 874 Multifamily Units Proposed or Under Construction Near the Subject Property
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