3408 CONNECTICUT AVENUE NW

WASHINGTON, DC, 20008

$2,500,000

$1,086 per ft²
$2,500,000
$1,086 per ft²
Active
Active
 - For Sale
carpenters-square
2,300 ft²
property_type
Commercial
calendar
Built 2023
Commercial retail property featuring 2,300 SF on a highly visible corner lot in the wealthy Cleveland Park neighborhood of Washington, DC. The brand-new property, currently being built, will be completed at the end of September 2023. Located on the main-level unit of a building with 16-foot ceilings, this versatile property can be customized by the buyer and turned into a retail store, office space or restaurant. There is a parking space to load and unload. In addition, the property is next to the Cleveland Park Metro stop, and more developments are under way in this area. This is a low-maintenance and high income-producing investment. Nearby are numerous trendy shops, CVS, a movie theater, bars, and restaurants. Plus, this area has lots of foot traffic and vehicle traffic from affluent homeowners who live nearby. The average household income of people living within a mile of the property was $160,874 in 2022, with a median home value of $846,606 and a median age of 38. They’re educated professionals, too: 82% have a bachelor's degree or advanced degree. Vehicle traffic in the area averaged 110,676 per day in 2022. It is an exciting opportunity to own your own retail for your own business or buy as an investment property in one of Washington, DC’s premier neighborhoods!
MLS® ID:
DCDC2084150
Updated:
3/22/23

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Cooling
Central A/C
Heating
Heat Pump(s)

Exterior/Building Features

Sewer
Public Sewer

School Information

School District
DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Other Property Details

Taxes
$20608.00
Tax Frequency
per YEAR
Garage
No
Parking
N
View
N
County
WASHINGTON
Utilities
Electric Available, Natural Gas Available, Sewer Available, Water Available
Water Source
Public
Pool
No
Zoning
NC3
Sub Agency Compensation
2.5
Buyer Agency Compensation
2.5

Property History

Date
Event
Price
Value
2/21/23
Active
-
-

Courtesy of Long & Foster Real Estate, Inc., Bron Davis

Listing Contact:  

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Data last updated 1:41 AM UTC, 3/22/23

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