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    2623 Connecticut Ave Nw WASHINGTON Washington, DC 20008

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    For Sale
    $3,250,000

    Rare commercial property with mixed-use, multi-family, and retail zoning.

    Lot size:
    0.06 Acres

    Property Features for 2623 Connecticut Ave Nw WASHINGTON

    General Information

    Standard status
    Active
    Lot size
    0.06 Acres

    Building Details

    Year built
    1910

    Source: COMPASS Agent AVI GALANTI

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Property in Prime Location

    This commercial property is located on a high-visibility stretch of Connecticut Avenue in Washington, DC, close to the National Zoo and the Woodley Park-Zoo/Adams Morgan Metro Station. The property benefits from prime foot traffic and proximity to restaurants, hotels, and national landmarks. It has a Walk Score of 93 and a Transit Score of 70. The property is suitable for a boutique retail storefront, restaurant/cafe, office space, or residential multi-family use. The current leases include a restaurant on street level and 7 residential apartment units above. The property offers zoning flexibility in a mixed-use corridor.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Map

    City
    Washington
    County
    District of Columbia
    State
    DC
    Longitude
    -77.0515182
    Latitude
    38.9242312

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    FAQs

    What type of property is this?
    Mixed-use property - Rare commercial property with mixed-use, multi-family, and retail zoning.
    Where is this mixed-use property located?
    The property is located at 2623 Connecticut Ave Nw WASHINGTON Washington, DC.
    What is the asking price?
    The asking price for this property is $3,250,000.
    What are key features of this property?
    This property features: - Rare commercial property with mixed-use, multi-family, and retail zoning.; - **Prime location on Connecticut Avenue** with high foot traffic and direct access to the Woodley Park-Zoo/Adams Morgan Metro Station.; - Excellent Walk Score (93) and Transit Score (70).
    (301) 304-8444
    Request Owner's contact information
    2623 Connecticut Ave Nw WASHINGTON Washington, DC 20008
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    Washington, DC 20008
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2623 Connecticut Ave Nw WASHINGTON Washington, DC 20008
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