1434 Wisconsin Ave Nw Washington, DC 20007

This commercial property is located directly across from a CVS Pharmacy and benefits from approximately 16,990 cars per day, as well as significant pedestrian traffic. The property offers an owner-user or investment opportunity along one of Washington’s active retail corridors. The property has been renovated and expanded to approximately 1,761 square feet on two levels. Currently, the property is operated as a fine Italian shoe store under an existing Certificate of Occupancy. Renovations occurred in 2022-2023, including rebuilding joists, exterior walls, staircases, flooring, lighting, electrical, mechanical systems, plumbing, drywall, roof, and windows. The property is suited for an owner-occupant seeking a visible presence in an urban location. MU-4 zoning permits a range of retail, medical, office, and service-oriented uses. The property is located near the Georgetown Waterfront, Francis Scott Key Bridge, Interstate 66, and major commuter routes, and is surrounded by established restaurants, medical uses, salons, technology retailers, and boutique clothiers. The existing owner desires a rent-back arrangement and will lease the property for $10,000 per month NNN for two months following a six-month delayed settlement, allowing time to liquidate inventory. Owner may conduct a 1031- Exchange.