Brick Storefront Property with
For Sale
$1,575,000
2309 Calvert NW, Washington, DC 20008
Brick retail property with nearby public parking, metered spaces, and access to an active retail and restaurant corridor.
Property Size4,612 SF
Price / SF$341.50
Days on Market60
Property Features for 2309 Calvert NW
General Information
Standard status
Active
Size
4,612 SF
Building Details
Year Built
1912
Construction
brick
Listing Agency:
Taylor Properties
Listed By:
Linda Ridenour
(301) 332-2162
Source:
Selltheshore
Added: Aug 17
Changed: Sep 13
Last Checked: Oct 7 at 5:44PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Taylor Properties
Investment Insights
Based on property information with market context.
This brick storefront property occupies a townhouse-style building constructed in 1912, with approximately 4,612 square feet of space. The property is offered as-is and provides exposure to both pedestrian and vehicular traffic.
The site is near Connecticut Avenue, the Calvert Street Bridge, the National Zoo, CVS, METRO, boutiques, and restaurants. A public parking lot is located across the street, while metered parking is available along the frontage. Its Woodley Park setting places the property within an established retail and restaurant area with a mix of neighborhood services and dining destinations.
The site is near Connecticut Avenue, the Calvert Street Bridge, the National Zoo, CVS, METRO, boutiques, and restaurants. A public parking lot is located across the street, while metered parking is available along the frontage. Its Woodley Park setting places the property within an established retail and restaurant area with a mix of neighborhood services and dining destinations.
Key Highlights
- Approximately 4,612 SF brick storefront property
- Townhouse‑style building constructed in 1912
- Public parking lot across the street
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$73,995
Cap Rate
4.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,479,900
$1.5M
Cap Rate 7%
$1,057,071
$1.1M
Cap Rate 9%
$822,167
$822.2K
Market Conditions
NOI Build-Up for 4,612 SF
Gross rent
$110.7K $24.00/SF
− Vacancy
−$5.0K −$1.08/SF
EGI
$105.7K $22.92/SF
− OpEx
−$31.7K −$6.88/SF
NOI
$74.0K $16.04/SF
Area
Washington, DC
Vacancy
4.50%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,479,900
Cap Rate 7%
$1,057,071
Cap Rate 9%
$822,167
Alternative Uses
Best Use
Retail
$1.06M
$924.9K – $1.23M
NOI $73,995 @ 7.0% cap · market cap 4.70%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.37M
$2.08M – $2.77M
NOI $166,059 @ 7.0% cap · market cap 10.54%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,569
Businesses Nearby
50k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 71%
Shops & Services 29%
McDonald's
Dining
15,785 visits/mo
0.1 miles
M&T Bank
Shops & Services
12,887 visits/mo
0.1 miles
Starbucks
Dining
12,569 visits/mo
0.5 miles
Elevation Burger
Dining
3,143 visits/mo
0.3 miles
Compass Coffee
Dining
2,771 visits/mo
0.4 miles
Demographics for 20008, DC
30,143
Population
18,083
Households
1.7
Avg Household Size
38
Median Age
89%
College-Educated
98%
High-School Grad
3.1 sq mi
ZIP Area
9,724
Density / Sq Mi
$123,653
Median Household Income
$87,607
Median Earnings
$2,202
Median Rent
$894,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Washington, DC
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Frequently Asked Questions
What type of property is this?
Storefront property - Brick retail property with nearby public parking, metered spaces, and access to an active retail and restaurant corridor.
Where is this storefront property located?
The property is located at 2309 Calvert NW Washington, DC.
What is the asking price?
The asking price for this property is $1,575,000.
What are key features of this property?
This property features: Approximately 4,612 SF brick storefront property; Townhouse‑style building constructed in 1912; Public parking lot across the street
