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$4,295,000
Est. payment /mo
2,808 SqFt
New
1214 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
Square Footage 2,808 sqft
Price per Sqft $1,529
MLS Listing ID DCDC2186678
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $39,139
Tax Year 2024
Lot Size 1,468 Sqft
Acres 0.03
Property Sub-Type Retail
Property Description
All brick, three level, triple net leased by Brompton Bicycle. Renovation with no expense spared, very high ceilings, hardwood floors, steel stairs with wood treads and cable railing, sprinkler system, ADA bathroom, rear egress, plenty of storage. 5 year lease, at the end of first year (May 2025), with a 5 year lease option, providing a current 4.66 CAP rate (10 year 5.27 Ave) , 2.5% annual increases, renovated completely in 2021, in Georgetown at Wisconsin and M Streets across from Apple and Hugo Boss stores. Zoned MU-4, with expansion potential- ask agent.
Location
State DC
County Washington
Zoning MU-4
Interior
Hot Water Natural Gas
Heating Central
Cooling Central A/C
Heat Source Natural Gas
Exterior
Water Access N
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 1207//0127
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
Listed by Joseph G Zorc • Coldwell Banker Realty - Washington