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2404 Wisconsin Avenue NW

WASHINGTON, DC 20007
  • $4,500,000
  • STATUS: Active
  • ON SITE: 77 Days
  • ID#: DCDC2126564
UPDATED: 52 min ago
$4,500,000
  • 0
    BEDS
  • 0.04
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1929
County:

School Ratings & Info

Description

Triple Net Sale - Leaseback of a just renovated three story restaurant building in Glove Park. The tenant is one of two dozen Michelin Starred operations in town so he is very solid for a local operator. The offering is for a 15 year triple-net sale-lease back. The tenant is responsible for all expenses including roof and structure. Great property for a long term investment or tax free exchange.

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Reston. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-04-17T19:31:23.873.
www.thepianohomegroup.com/homes/147094254
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2404 Wisconsin Avenue NW WASHINGTON, DC 20007

  • Price: $4,500,000
  • Status: Active
  • On Site: 77 Days
  • Updated: 52 min ago
  • ID#: DCDC2126564
0
Beds
0
Baths
0
½ Baths
0.04
Acres
1929
Built
Neighborhood:
Glover Park
County:
Washington
School District:
District Of Columbia Public Schools
Property Description
Triple Net Sale - Leaseback of a just renovated three story restaurant building in Glove Park. The tenant is one of two dozen Michelin Starred operations in town so he is very solid for a local operator. The offering is for a 15 year triple-net sale-lease back. The tenant is responsible for all expenses including roof and structure. Great property for a long term investment or tax free exchange.
Exterior Features

Construction Materials Brick Garage YN No Parking Types On Street Property Condition Excellent Riparian Rights YN No Soil Types Unknown Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 3736.00 Cooling Central A/C Flooring Concrete Heating Forced Air Heating YN Yes Net Square Feet 3736.00

Property Features

Acceptable Financing Cash Accessibility Features Level Entry - Main Assessment Year 2022 Business Type Restaurant/Bar Central Air YN Yes Cooling Fuel Electric Heating Fuel Natural Gas Hot Water Natural Gas Navigable Water YN N Net Operating Income 250000.00 New Construction YN No Number Of Units Total 0 Original MLSNumber 802839888414 Owner Pays None Ownership Interest Fee Simple Possession Seller Rent Back Property Sub Type Retail Sale Type Standard Sewer Public Sewer Tax Annual Amount 24148.00 Tax Assessment Amount 1363460.00 Tax Lot 333 Total Actual Rent 250000.00 Vacation Rental YN No Water Source Public Year Built Effective 2022 Zoning MU-4/NO Zoning Description Mixed Use Commercial

Listing courtesy of Peter G. Mallios: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Reston. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-04-17T19:31:23.873.
 
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