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Listed by Joseph Zorc • Coldwell Banker Realty - Washington
$2,300,000
Est. payment /mo
1,093 Sqft Lot
Active
1434 WISCONSIN AVE NW Washington, DC 20007
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Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID DCDC2261558
Year Built 1900
Annual Tax Amount $12,028
Tax Year 2025
Lot Size 1,093 Sqft
Acres 0.03
Property Sub-Type Retail
Source BRIGHT
Property Description
Located directly across from CVS Pharmacy and benefiting from approximately 16,990 cars per day plus exceptional pedestrian traffic, this prominently positioned commercial property offers a rare owner-user or investment opportunity along one of Washington's most active retail corridors.
Recently “gutted” and expanded to approximately 1,761 SF on two levels, the property is currently operated as a fine Italian shoe store under an existing Certificate of Occupancy. Meticulously renovated in 2022-2023 with exceptional attention to detail, virtually every component of the building was rebuilt, including joists, exterior walls, staircases, flooring, lighting, electrical, mechanical systems, plumbing, drywall, roof, and windows.
The property is ideally suited for an owner-occupant seeking a highly visible presence in a premier urban location. MU-4 zoning permits a broad range of retail, medical, office, and service-oriented uses.
Conveniently located near the Georgetown Waterfront, Francis Scott Key Bridge, Interstate 66, and major commuter routes, the property is surrounded by established restaurants, medical uses, salons, technology retailers, and boutique clothiers.
The existing owner desires a rent-back arrangement and will lease the property for $10,000 per month NNN for two months following a six-month delayed settlement, allowing time to liquidate inventory. Owner may conduct a 1031- Exchange.
Recently “gutted” and expanded to approximately 1,761 SF on two levels, the property is currently operated as a fine Italian shoe store under an existing Certificate of Occupancy. Meticulously renovated in 2022-2023 with exceptional attention to detail, virtually every component of the building was rebuilt, including joists, exterior walls, staircases, flooring, lighting, electrical, mechanical systems, plumbing, drywall, roof, and windows.
The property is ideally suited for an owner-occupant seeking a highly visible presence in a premier urban location. MU-4 zoning permits a broad range of retail, medical, office, and service-oriented uses.
Conveniently located near the Georgetown Waterfront, Francis Scott Key Bridge, Interstate 66, and major commuter routes, the property is surrounded by established restaurants, medical uses, salons, technology retailers, and boutique clothiers.
The existing owner desires a rent-back arrangement and will lease the property for $10,000 per month NNN for two months following a six-month delayed settlement, allowing time to liquidate inventory. Owner may conduct a 1031- Exchange.
Location
State DC
County Washington
Zoning MU4
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C, Ductless/Mini-Split
Flooring Hardwood
Heat Source Electric
Exterior
Water Access N
Roof Type Unknown
Accessibility 2+ Access Exits
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Tax ID 1244//0836
Ownership Fee Simple
Security Features Electric Alarm
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS
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