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2404 Wisconsin Avenue NwWashington, DC 20007MLS Number DCDC2126564

  • Price: $5,000,000
  • 32 Days on Market
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Federal 30-year interest rate: 6.94% last updated on Feb 29, 2024
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2404 Wisconsin Avenue Nw Washington DC 200072404 Wisconsin Avenue Nw Washington DC 20007
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  • 0.04Acreage
  • 1929Year Built
  • 1338Price Per Square Foot
  • 2022Assessment Year
Triple Net Sale - Leaseback of a just renovated three story restaurant building in Glove Park. The tenant is one of two dozen Michelin Starred operations in town so he is very solid for a local operator. The offering is for a 15 year triple-net sale-lease back. The tenant is responsible for all expenses including roof and structure. Great property for a long term investment or tax free exchange.
Listed by Peter G Mallios, Peter G. Mallios

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Yeonas & Shafran Real Estate, LLC
Yeonas & Shafran Real Estate, LLC
Office: 703-790-3330
1309 Vincent Pl
McLean, VA 22101

More Info

Location Information

  • UsmAreaWashington

Parking

  • Parking TypesOn Street

Basic Information

  • Date Listed01/30/2024

Location

  • Address2404 Wisconsin Avenue Nw
  • Building Number2404
  • CountyWashington
  • DirectionsTake Wisconsin Avenue to 2404.
  • In City Limits YNYes
  • StateDC
  • SubdivisionGlover Park
  • TownWashington
  • Zip20007

Utilities

  • Central Air YNYes
  • CoolingCentral A/C
  • Cooling FuelElectric
  • Heat SystemForced Air
  • Heating FuelNatural Gas
  • Heating YNYes
  • SewerPublic Sewer
  • Water HeaterNatural Gas
  • Water SourcePublic

Basic Information

  • Broker NamePeter G. Mallios
  • List Price$5,000,000
  • MLS NumberDCDC2126564
  • MLS Property TypeCommercial Sale
  • Price Per Square Foot1338
  • StatusACT

Building

  • Building Area SourceEstimated
  • Building Area Total3736
  • Construction MaterialsBrick
  • Total Restrooms2
  • Year Built1929
  • Year Built Effective2022

Interior

  • FlooringConcrete

Amenities

  • Accessibility AmenitiesLevel Entry - Main

Tax Information

  • Assessment Year2022
  • City Town Tax$24,148
  • City Town Tax Payment FrequencyAnnually
  • County Tax Payment FrequencyAnnually
  • Tax Assessment Amount$1,363,460
  • Tax Lot333
  • Tax Year2022
  • Taxes$24,148
  • Total Taxes Payment FrequencyAnnually

Property

  • Acreage0.04
  • Business TypeRestaurant/Bar
  • Lot Size SourceAssessor
  • Lot Size Square Feet1,873
  • New Construction YNN
  • Property ConditionExcellent
  • Property SubTypeRetail
  • ZoningMU-4/NO
  • Zoning DescriptionMixed Use Commercial

Other

  • Cap Rate5
  • Ground Rent Payment FrequencyAnnually
  • Soil TypesUnknown

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Copyright 2024 BRIGHT, All Rights Reserved.  Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Yeonas & Shafran Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated March 2, 2024. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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