Property summary
The property is a 5,800-square-foot commercial retail establishment configured for a cigar store, including the type of retail operations associated with on-premises smoking and housing smoking-related inventory and accessories; it is one of a limited number of Washington, D.C. properties holding a license that allows smoking on the premises. A large air exchange and air filtration system was installed in 2018. The space is designed for long-term, low-management occupancy, with the tenant responsible for CAM (common area maintenance), taxes, insurance, and maintenance and repairs, while landlord responsibilities are limited to structural elements and roof replacement. The building’s commercial use is supported by the presence of an installed HVAC filtration and ventilation system, and the property is operated under a permitted license framework for on-premises smoking.
Property profile
VerifiedCap rate & NOI
Current use
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Parking Lot & Garage
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(Bike/Boat/Book/etc) Store
Location
Value estimations
Owner & transaction history
Zoning & alternative use
AND OBJECTIVE (D-4-R) 531 DENSITY - FLOOR AREA RATIO (FAR) (D-4-R) 532 HEIGHT (D-4-R) 533 FRONT BUILD-TO (D-4-R) 534 FRONT SETBACK (D-4-R) 535 COURT (D-4-R) 536 USES (D-4-R) 537 DESIGN (D-4-R) 538 PURPOSE AND OBJECTIVE (…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
D-5 · Washington, DCAND OBJECTIVE (D-4-R) 531 DENSITY - FLOOR AREA RATIO (FAR) (D-4-R) 532 HEIGHT (D-4-R) 533 FRONT BUILD-TO (D-4-R) 534 FRONT SETBACK (D-4-R) 535 COURT (D-4-R) 536 USES (D-4-R) 537 DESIGN (D-4-R) 538 PURPOSE AND OBJECTIVE (…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
AND OBJECTIVE (D-4-R) 531 DENSITY - FLOOR AREA RATIO (FAR) (D-4-R) 532 HEIGHT (D-4-R) 533 FRONT BUILD-TO (D-4-R) 534 FRONT SETBACK (D-4-R) 535 COURT (D-4-R) 536 USES (D-4-R) 537 DESIGN (D-4-R) 538 PURPOSE AND OBJECTIVE (…
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