1251 Wisconsin AveWashington, DC 20007
- Retail properties
- 5,412 SF
Property Details for 1251 Wisconsin Ave
- Year built
- 1900
- Lot size
- 0.14 AC
- Property size (Sq ft)
- 5,412 SF
- Zone code
- MU-4
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 1208 0066
- APU
- 12080066
Description
This exceptional retail property at 1251 Wisconsin Avenue NW in Washington, D.C. offers 6,100 square feet of space currently available for lease. The property is situated in the vibrant District of Columbia, boasting a highly desirable location with excellent visibility and foot traffic. The building is comprised of two separate retail suites, providing flexibility for various business needs. Each suite offers a unique opportunity for businesses seeking a prominent presence in the area. One suite offers a minimum of 1,200 square feet, while the largest contiguous space available is 4,900 square feet. The entire 6,100 square foot building is currently vacant, presenting a rare chance to establish a significant retail presence in this prime location. The property's address is 1251 Wisconsin Ave NW, Washington, DC 20007. This location offers unparalleled access to a dense population and high consumer spending. The property is ideal for a variety of retail uses, from flagship stores to smaller boutiques. Interested parties are encouraged to inquire about lease terms and conditions. The property is located in the District of Columbia county.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,055,978
- 6.5%
- $1,897,826
- 7%
- $1,762,266
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,277,722
- Geo Method
- $2,277,722
-
Alternative Use
- Use
- Valuation
- Residential
- $1,600,887
- Hospitality
- $1,466,404
- Educational
- $1,220,031
- Medical
- $1,261,989
- Retail
- $1,897,826
Location Insight
- City
- Washington
- County
- District Of Columbia
- State
- DC
- Latitude
- 38.9064
- Longitude
- -77.0623
- 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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