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21165692
21165693

1721 Wisconsin Ave NW, Washington, DC 20007

IR
DC DC BR200201389, VA VA 0225208264 (+1)
Feldman Ruel
JF
DC DC BR200201416, MD MD 533547 (+1)
Feldman Ruel
TS
DC DC SP200202878, MD MD 679124 (+1)
Feldman Ruel
Listed by Feldman Ruel
$2,750,000
469 days on market
Updated 33 days ago

1721 Wisconsin Avenue NW

Details
APN 2154-0000-0042
Property Type Hospitality, Multifamily (+2)
Sub Type Apartment Building, Restaurant (+1)
Square Footage 7,200
Year Built 1929
Buildings 1
Stories 2
Lot Size (SqFt) 3,424
Zoning MU-4

Two-Level Vacant Property in Cold Dark Shell Condition Along a Highly-Trafficked Commercial Corridor

Marketing description

Feldman Ruel is pleased to offer for sale 1721 Wisconsin Avenue NW, a 7,200-square-foot commercial building in cold dark shell condition situated on a 3,424-squarefoot lot. The subject property is positioned along a highly-trafficked commercial corridor in Washington, D.C. With the subject property's MU-4 zoning permitting a wide range of potential uses and significant capital improvements recently completed, 1721 Wisconsin Avenue NW offers an attractive opportunity for an owner-user or a value-add investor seeking an asset in one of Washington, D.C.’s premier neighborhoods.

Download the Offering Memorandum: https://listings.feldmanruel.com/properties/1721-wisconsin-avenue-nw/

Investment highlights

• Delivered Vacant at Closing | Ideal for a Full- or Partial-User

• $409.72 Per Square Foot | Priced Below Many Recent Nearby Commercial Transactions

• MU-4 Zoning Allows for Retail, Office, Multifamily, Hospitality, & Other By-Right Uses

• Recent Improvements Include Electrical & Structural Upgrades and a Partial Roof Replacement

• 874 Multifamily Units Proposed or Under Construction Near the Subject Property

Listing Contacts

IR
DC DC BR200201389, VA VA 0225208264 (+1)
Feldman Ruel
JF
DC DC BR200201416, MD MD 533547 (+1)
Feldman Ruel
TS
DC DC SP200202878, MD MD 679124 (+1)
Feldman Ruel
Listed by Feldman Ruel

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Additional Information

Name
Ian Ruel
License
DC BR200201389
Brokerage
Feldman Ruel Urban Property Advisors LLC
Brokerage Address
4800 Montgomery Lane
Name
Josh Feldman
License
DC BR200201416
Brokerage
Feldman Ruel Urban Property Advisors
Title
Real Estate Broker
Name
Tanner Scales
License
DC SP200202878
Brokerage
Feldman
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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