Building Details

Tenancy Multi

Listing Agency: JCR d***@jcrcompanies.com Show Phone

Listed By: Drew Briscoe · License #SP98372090

Source: Crexi

Added: Apr 11 Changed: Aug 22 Last Checked: Aug 22 at 5:45PM

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Investment Insights

Based on property information with market context.

This mixed-use property is offered for sale as a fully leased, three-tenant building. The sublevel, first level, and second level are occupied by two commercial tenants, supporting commercial income across multiple floors.

The third level features a two-bedroom, two-bathroom residential unit. Access to the residence is provided from 20th Street NW.

1723 Connecticut Ave NW is positioned along the Connecticut Avenue NW corridor, with convenient proximity to the intersection where Connecticut Avenue NW meets Florida Avenue NW and S Street NW. The surrounding area includes restaurants, retailers, office space, multifamily buildings, and hotels, providing a dense mix of businesses and services around the property.

Key Highlights

• Three‑tenant mixed‑use building with two commercial levels and a third‑floor 2BD/2BA apartment
• Fully leased property with two commercial tenants on the sublevel, first level, and second level
• Third level features a two‑bedroom, two‑bath unit accessed from 20th Street NW

Property Analytics

Property Profile

Current Use

Olympia And The City Hair Salon Bite the Fruit (Bike/Boat/Book/etc) Store Chocolate City Wellness (Bike/Boat/Book/etc) Store LibertyX Bitcoin ATM Atm

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Auto Parts Store Pet Grooming Service Fish Market Butcher Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1

Residential units

100%

Occupancy

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

8,534

Businesses Nearby

82k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 54% Dining 34% Hotels & Casinos 9% Groceries 1%

PNC Bank Shops & Services

35,510 visits/mo 0.3 miles

Panera Bread Dining

20,523 visits/mo 0.2 miles

Residence Inn by Marriott Washington, DC/Dupont Circle Hotels & Casinos

7,724 visits/mo 0.4 miles

Starbucks Dining

7,495 visits/mo 0.4 miles

7-Eleven Shops & Services

3,080 visits/mo 0.3 miles

Demographics for 20009, DC

53,357

Population

31,824

Households

1.7

Avg Household Size

34

Median Age

84%

College-Educated

97%

High-School Grad

1.3 sq mi

ZIP Area

41,044

Density / Sq Mi

$140,555

Median Household Income

$99,606

Median Earnings

$2,346

Median Rent

$727,800

Median Home Value

Market

Vacancy Rate% for Retail in Washington, DC

4.9% 2019

5.4% 2020

5.6% 2021

4.8% 2022

4.6% 2023

4.2% 2024

4.6% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Mixed-use property - Three-tenant mixed-use building with two commercial levels and a third-floor two-bedroom, two-bath residence.

Where is this mixed-use property located?

The property is located at 1723 Connecticut Ave NW Washington, DC.

What are key features of this property?

This property features: Three‑tenant mixed‑use building with two commercial levels and a third‑floor 2BD/2BA apartment; Fully leased property with two commercial tenants on the sublevel, first level, and second level; Third level features a two‑bedroom, two‑bath unit accessed from 20th Street NW