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3408 Connecticut Ave
Coming Soon $1,999,000
$1,999,000
- 1 Units
- Unknown Sq Ft
- Unknown Sq Ft
- Unknown Cap Rate
Description
Ready to sell. Price adjustment. Commercial retail property featuring 2,300 SF on a highly visible corner lot in the wealthy Cleveland Park neighborhood of Washington, DC. The brand-new property, currently being built, will be completed at the end of September 2023. Located on the main-level unit of a building with 16-foot ceilings, this versatile property can be customized by the buyer and turned into a retail store, office space or restaurant. There is a parking space to load and unload. In addition, the property is next to the Cleveland Park Metro stop, and more developments are underway in this area. This is a low-maintenance and high-income-producing investment.
Nearby are numerous trendy shops, CVS, a movie theater, bars, and restaurants. Plus, this area has lots of foot traffic and vehicle traffic from affluent homeowners who live nearby. The average household income of people living within a mile of the property was $160,874 in 2022, with a median home value of $846,606 and a median age of 38. They’re educated professionals, too: 82% have a bachelor's degree or advanced degree. Vehicle traffic in the area averaged 110,676 per day in 2022.
It is an exciting opportunity to own your own retail for your own business or buy as an investment property in one of Washington, DC’s premier neighborhoods!
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Owner
Do you own or manage this property?
This is My PropertyAmenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,999,000 |
| Property Type | Retail |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 2023 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 2069//0817 |
| MLS # | Unknown |
| Property ID | 319285224 |
| Lot Sqft | Unknown |
| Zoning | COMMERCIAL |
| Total Units | 1 |
| Date Updated | December 07, 2023 |
| Date Created | July 30, 2023 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Bron Davis an agent of .
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Data last updated: November 22, 2024.
Robert Crawford
REAL ESTATE AGENT