1063 Wisconsin NW Ave Washington, DC 20007-3605
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.
This zone provide for mixed-use developments that permit a broad range of commercial, institutional, and multiple dwelling unit residential development at varying densities. This zone is applied generally in the vicinity of the waterfront
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
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
MU-12 · Washington, DCThis zone provide for mixed-use developments that permit a broad range of commercial, institutional, and multiple dwelling unit residential development at varying densities. This zone is applied generally in the vicinity of the waterfront
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.