1345-1347 Connecticut Ave Washington, DC 20036
This exceptional Dupont Circle property offers a total of approximately 9,738 square feet of improved retail space, currently available for lease. The space is ideally suited for a restaurant or bar operation, and is divisible to accommodate multiple tenants. Situated on a ±3,595 square foot lot, the property is zoned MU-21, allowing for a variety of uses. The building boasts separate units, some believed to be built-out AirBnB rentals, offering potential for diverse income streams. Currently, the space is tentatively occupied by "The Big Hunt" bar until October 31st, 2024. This prime location enjoys excellent proximity to the Dupont Circle Metro Station and Park, ensuring high visibility and accessibility. The asking lease rate and sales price are available upon request. The property presents a unique opportunity for investors and operators seeking a high-traffic, well-located establishment in a vibrant neighborhood. Serious inquiries only. The asking sales price for the entire property is $12,000,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.