2319 Wisconsin AveWashington, DC 20007

  • Retail properties
  • 2,535 SF
For Lease

Property Details for 2319 Wisconsin Ave

Year built
1922
Construction
BRICK
Lot size
0.04 AC
Property size (Sq ft)
2,535 SF
Zone code
MU-27
Property type
Retail properties
Property subtype
Retail space
APN
1299 0953
APU
12990953

Description

This exceptional 900-square-foot commercial space, located at 2319 Wisconsin Avenue NW in Washington, D.C.'s vibrant Georgetown neighborhood, presents a unique opportunity for a single tenant. The property is classified as both retail and office space, making it ideal for a variety of businesses seeking a high-visibility location. The entire 900 square feet is currently vacant and ready for immediate occupancy. Situated in the District of Columbia, within the 20007 zip code, this property offers unparalleled access to Georgetown's bustling atmosphere, attracting a diverse clientele and high foot traffic. The single-tenant occupancy ensures complete control and customization of the space to perfectly suit your business needs. This is a rare opportunity to secure a prominent location in one of Washington D.C.'s most desirable neighborhoods. The property's executive office subtype suggests a sophisticated and professional environment, perfect for businesses seeking to establish a strong presence in the area. The building's location provides easy access to major transportation routes, ensuring convenient commuting for employees and clients alike. This is an excellent chance to secure a prime commercial space in a highly sought-after location. The property is ready for immediate lease.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $963,027
    6.5%
    $888,948
    7%
    $825,452
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,066,893
    Geo Method
    $1,066,893
  • Alternative Use

    Use
    Valuation
    Residential
    $749,861
    Hospitality
    $686,869
    Educational
    $571,467
    Medical
    $591,120
    Retail
    $888,948
2319 Wisconsin Ave, Washington, District of Columbia

Location Insight

City
Washington
County
District Of Columbia
State
DC
Latitude
38.9209
Longitude
-77.0715
CBSA code
47900
CBSA name
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$13,844
$432,730
$406,300
$839,030
-
$432,730
$406,300
$839,030

FAQs

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