2619 Connecticut Ave Washington, DC 20008
- Turn key restaurants
- 4,668 SF
- 0.10 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 2619 Connecticut Ave
- Year built
- 1935
- Construction
- BRICK
- Lot size
- 0.10 lot acres
- Property size
- 4,668 SF
- Zone code
- NC-5
- Property type
- Turn key restaurants
- APN
- 2204 0152
- APU
- 22040152
Description
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.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $395,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $490,000
Market price range: $283k - $748k
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Location Insight
- Map
- Local Demand
- City
- Washington
- County
- District Of Columbia
- State
- DC
- Longitude
- -77.0514
- Latitude
- 38.9242
- CBSA code
- 47900
- CBSA name
- WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA