1752 Columbia RdWashington, DC 20009
- Retail properties
- 4,392 SF
Property Details for 1752 Columbia Rd
- Year built
- 1907
- Construction
- BRICK
- Lot size
- 0.04 AC
- Property size (Sq ft)
- 4,392 SF
- Zone code
- MU-5A
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 2564 0034
- APU
- 25640034
Description
This exceptional commercial property at 1752 Columbia Rd NW in Washington, DC's vibrant Adams Morgan neighborhood offers a unique opportunity for businesses seeking flexible and well-located office space. The building, totaling 4,300 square feet, features a mix of retail, office, and restaurant space, currently zoned C2B. Multiple tenancies are available, with a minimum divisible space of 900 square feet and a significant 2,700 square feet currently vacant. This presents an ideal chance for expansion or a new business to establish a presence in a high-traffic area. The property's location within Adams Morgan ensures high visibility and accessibility, surrounded by a thriving commercial district with over 100 businesses within a two-block radius. Convenience is key, with nearby amenities including Starbucks, CVS, Safeway, and Mellow Mushroom, among many others. The second, third, and fourth floors offer affordable office space, making this an attractive option for businesses of various sizes. This is a rare opportunity to secure prime commercial real estate in one of Washington, DC's most dynamic and sought-after neighborhoods. The property is located in the District of Columbia, zip code 20009.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,668,487
- 6.5%
- $1,540,142
- 7%
- $1,430,132
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,848,440
- Geo Method
- $1,848,440
-
Alternative Use
- Use
- Valuation
- Residential
- $1,299,168
- Hospitality
- $1,190,030
- Educational
- $990,091
- Medical
- $1,024,142
- Retail
- $1,540,142
Location Insight
- City
- Washington
- County
- District Of Columbia
- State
- DC
- Latitude
- 38.9237
- Longitude
- -77.0406
- CBSA code
- 47900
- CBSA name
- WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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