3421 Connecticut Avenue NW
Washington, D.C. 20008
The Offering
Summary
- List Price $2,400,000
- Gross Leasable Area 4,104 SF + Roof Deck
- Lot Size 2,660 SF
- Property Type Retail
- Property Subtype Restaurant
- Neighborhood Cleveland Park
- Adjacent Metro Station Cleveland Park (Red Line)
- Zoning NC-3
Investment Summary
Feldman Ruel Urban Property Advisors is pleased to offer for sale 3421 Connecticut Avenue NW, a two-level retail property that features a full kitchen, multiple wet bars, a large bar/dining area and covered roof deck. The property has been leased to the Cleveland Park Bar & Grill since 2005. It is conveniently located along a major commuter artery in the Cleveland Park submarket surrounded by numerous other retailers and is only steps away from the Cleveland Park Metro station which serves the Red Line. The vibrant mix of restaurants and other retail, convenient transportation options, and its close proximity to the National Zoo creates a thriving commercial environment for any successful business. The property is currently leased through August of 2024 which provides a new owner time to negotiate a lease extension with the current tenant, secure a new tenant if terms cannot be agreed upon with the current tenant, or make arrangements to occupy the property for its own use.