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    1063 Wisconsin Ave Washington, DC 20007

    For Lease
    Contact for pricing

    Wisconsin Ave Retail - 1,572 SF Available

    Lot size:
    8,192 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional retail space, located at 1063 Wisconsin Avenue NW in Washington, DC, 20007, offers a unique opportunity for businesses seeking a prominent location in a vibrant urban setting. The property is a single-tenant building encompassing a total of 8,192 square feet, with 1,572 square feet currently available for lease. This space presents a blank canvas for a variety of retail concepts, benefiting from high visibility and foot traffic along Wisconsin Avenue. The building boasts ample parking, with a total of 1,443 spaces available for tenants and customers. The property's address is conveniently situated in the heart of Washington, DC, providing easy access to public transportation, major roadways, and a diverse customer base. This is an ideal location for businesses seeking to establish a strong presence in a high-demand area. The property is classified as commercial retail and is designated as multi-tenant, although currently only one suite is available. The property's prime location and substantial parking make it an attractive option for businesses seeking to maximize their reach and convenience for customers. This is a rare opportunity to secure a significant retail space in a highly desirable area of Washington, DC. Interested parties are encouraged to inquire promptly.

    Property Features for 1063 Wisconsin Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,192 SF

    Unit(s) available at that property

    Space
    1063 A: First floor
    Size
    1,572 SF

    HighLights

    • Two‑minute walk to Georgetown Waterfront.
    • Prime location, 250 feet from the high‑traffic intersection of Wisconsin Avenue and M Street.
    • Features open floor plans with high ceilings.
    • Access to a 1,443‑space parking garage directly across the street.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Washington
    County
    District Of Columbia
    State
    District of Columbia
    Longitude
    -77.0624625
    Latitude
    38.9044009

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    FAQs

    What type of property is this?
    Retail property - Wisconsin Ave Retail - 1,572 SF Available
    Where is this retail property located?
    The property is located at 1063 Wisconsin Ave Washington, DC.
    What are key features of this property?
    This property features: Two-minute walk to Georgetown Waterfront.; Prime location, 250 feet from the high-traffic intersection of Wisconsin Avenue and M Street.; Features open floor plans with high ceilings.
    Request Owner's contact information
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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
    1063 Wisconsin Ave Washington, DC 20007
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