1667 Wisconsin Ave Nw, WASHINGTON, 20007

Commercial Sale - Retail For Sale

$2,150,000

Beds
Baths
4,400Sqft
.04Acres
1900Built
128DOM
MLS® #: DCDC425024
Active, 128 Days on Market

Commercial / Residential / Retail building in upper Georgetown. Recently an art gallery.Expanded and renovated to include approximately 3,000SF. on the upper floors plus utility/storage in basement area of approximately 500SF. Great location for multiple uses including apartment above and office on the main level. There is an enclosed patio in the back. Total gross building area: 3,692SF. On the 1st floor there is a small entrance vestibule with door leading to the 1st floor retail space and the 2nd floor stairs, allowing 2 separate tenants. A restroom, a kitchen and two offices are located on the 2nd floor. The entire building has up-to-date finishes including an acoustical grid ceiling, drywall finishes, modern millwork, and extensive track lighting.The entire building also has a fire alarm system. Zoning: MU-4 the Mixed-Use (MU) zones provide for mixed-use developments that permit a broad range of commercial, institutional, and multiple dwelling unit residential development at varying densities. The MU-4 zone is a mixed-use zone that is intended to be applied throughout the city consistent with the density designation of the Comprehensive Plan. A zone may be applied to more than 1 density designation. The MU-4 zone is intended to: Permit moderate-density mixed-use development; Provide facilities for shopping and business needs, housing, and mixed uses for large segments of the District of Columbia outside of the central core; and be located in low- and moderate-density residential areas with access to main roadways or rapid transit stops, and include office employment centers, shopping centers, and moderate bulk mixed-use centers. If leased at $42.00/ SF NNN, the simplified Capitalization Rate would be 6% per annum.

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Essential Information

MLS® #: DCDC425024
Price: $2,150,000
Condo Coop Fee: $0
Bathrooms: 0.00
Square Footage: 4,400
Acres: 0.04
Year Built: 1900
Type: Commercial Sale
Sub-Type: Retail
Status: Active
Taxes: $14,297
Tax Year: 2018

Community Information

Address: 1667 Wisconsin Ave Nw
County: WASHINGTON-DC
State: DC
Zip Code: 20007

Interior

Heating: Forced Air
Cooling: Central A/C
# of Stories: 2

Exterior

Exterior: Brick and Siding

School Information

District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Additional Information

Listing Office: Coldwell Banker Residential Brokerage
Date Listed: May 17th, 2019
Days on Market: 128
Zoning: MU-4

Financials

$/SqFt: $489

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Listing information last updated on September 21st, 2019 at 8:45am EDT.