Chevy Chase Retail Property

5018 Connecticut Ave.
Washington D.C.
20008

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Property Description

For sale: $2,950,000

This prestigious Connecticut Avenue address near Politics & Prose, the east coast’s premier independent bookstore, has an established tenant at a prominent Chevy Chase crossroads. With more than 60,000 cars per day passing the building, the retail strip is a highly valued site for retailers while retaining its classic character as a neighborhood center, serving an affluent community as the only retail strip for many blocks in every direction.  The property is well suited to an investor seeking a stable asset in upper northwest, DC, with a 7290 s.f. restaurant space available for lease, and a 1200 s.f. 2nd floor office space currently rented at $2,000 per month.  The restaurant was fully renovated in 2011.  Situated only 15 minutes by foot from the Metro station and easily accessible by the high-income neighborhoods of Bethesda and Chevy Chase.

Commercial real estate for sale

Basic Details
Building Type : RetailFor Sale
Price : $2,950,000
Size : 8,540 Sqft
Zoning : MU-3A
Interior Size : 8400 s.f.
Neighborhood : Chevy Chase
Address Map
Street : Connecticut Ave.
Street Number : 5018
Postal Code : 20008
Floor Number : 0
Neighborhood
Neighborhood
Retail For Sale
  • Size : 8,540 Sqft
$2,950,000
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