Chevy Chase Retail Property
5018 Connecticut Ave.
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
- Size : 8,540 Sqft