2121 M StWashington, DC 20037
- Hospitality properties
- 125,280 SF
Property Details for 2121 M St
- Year built
- 2016
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.42 AC
- Property size (Sq ft)
- 125,280 SF
- Zone code
- MU-22
- Property type
- Hospitality properties
- Property subtype
- Hotels
- APN
- 0070 0880
- APU
- 700880
Description
This exceptional 930-square-foot retail space is ideally situated at 2121 M Street NW in Washington, D.C., within the vibrant District of Columbia. The property offers a single-tenant occupancy, providing a blank canvas for a discerning business owner. The entire 930 square feet is currently vacant, presenting a unique opportunity for immediate occupancy and customization. The location boasts high visibility and foot traffic, making it an excellent choice for a variety of retail ventures. This property is classified as a shop within the retail sector, perfect for a boutique, specialty store, or other similar businesses. The address, 2121 M Street NW, places it within a dynamic and desirable neighborhood, offering easy access to public transportation and a diverse customer base. The property is located in the 20037 zip code. This is a single-tenant space, eliminating the complexities of multi-tenant management. The building's total square footage mirrors the available space, ensuring complete control and flexibility for the tenant. This prime retail location in Washington, D.C. presents a rare opportunity to establish a thriving business in a high-demand area. The property is available for lease and ready for immediate occupancy. Serious inquiries are encouraged to explore this exceptional retail opportunity. The property is located in the District of Columbia.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $36,773,892
- 6.5%
- $33,945,132
- 7%
- $31,520,480
-
Comparable approach
- Method
- Valuation
- Relative Method
- $49,169,080
- Geo Method
- $49,169,080
-
Alternative Use
- Use
- Valuation
- Residential
- $37,058,224
- Hospitality
- $33,945,132
- Educational
- $28,241,952
- Medical
- $29,213,236
- Retail
- $43,931,924
Location Insight
- City
- Washington
- County
- District Of Columbia
- State
- DC
- Latitude
- 38.9057
- Longitude
- -77.0482
- 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
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].