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    2619 Connecticut Ave Washington, DC 20008

    For Sale
    $3,490,000

    Prime DC location: Two restaurant spaces, redevelopment potential.

    Property size:
    4,668 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional redevelopment opportunity is located at 2619 Connecticut Avenue NW, Washington, DC 20008. The property consists of a 4,668 square foot building constructed in 1935, currently vacant and available for immediate occupancy. The building features two separate, fully built-out restaurant spaces, presenting a turnkey opportunity for a new owner. Classified as a Class B retail property, it offers significant upside potential. The property is zoned NMU-5A/WP, allowing for redevelopment. Specifically, 50 square feet of air rights are available, providing the potential to add additional stories above the existing structure. This presents versatile options for various commercial or residential uses. The single-story building sits on a prominent location along Connecticut Avenue, ensuring high visibility and accessibility. The property's location within a rapidly developing neighborhood in Northwest Washington, D.C. offers significant long-term growth potential. The asking price is $3,490,000, translating to a price per square foot of $747.64. This represents a unique chance to acquire a historically significant property with substantial redevelopment potential in a prime location within the nation's capital. The property includes two units.

    Property Features for 2619 Connecticut Ave

    General Information

    Property type
    Restaurants
    Square Feet
    4,668 SF
    Class
    B

    Building Details

    Year Built
    1935
    Buildings
    1
    Stories
    1
    Units
    2

    HighLights

    • Exceptional redevelopment opportunity at 2619 Connecticut Ave NW, Washington, DC 20008.
    • 4,668 SF building, vacant and ready for immediate occupancy.
    • Two fully built‑out restaurant spaces, offering a turnkey operation.
    • Class B retail property with significant upside potential.
    • Zoned NMU‑5A/WP, allowing redevelopment and including 50 SF of available air rights.
    • Prominent Connecticut Avenue location with high visibility.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bars

    Map

    City
    Washington
    County
    District Of Columbia
    State
    District of Columbia
    Longitude
    -77.051981059981
    Latitude
    38.924241465287

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    FAQs

    What type of property is this?
    Restaurant - Prime DC location: Two restaurant spaces, redevelopment potential.
    Where is this restaurant located?
    The property is located at 2619 Connecticut Ave Washington, DC.
    What is the asking price?
    The asking price for this property is $3,490,000.
    What are key features of this property?
    This property features: Exceptional redevelopment opportunity at 2619 Connecticut Ave NW, Washington, DC 20008.; 4,668 SF building, vacant and ready for immediate occupancy.; Two fully built-out restaurant spaces, offering a turnkey operation.
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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
    2619 Connecticut Ave Washington, DC 20008
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