1214 Wisconsin Ave Nw
$4,295,000
1214 Wisconsin Ave Nw, Washington, DC 20007
For Sale
Retail
Active
Last Updated: 06/30/2025
4.71
Cap Rate
2,808 sqft
Building Size
Details:
Cap Rate: 4.71%
Building Size: 2,808 sqft
Year Built: 1900
Price Per Sqft: $1,529.56
Zoning: MU-4
Highlights:
- Days on Market: 90
- Heating: Central
Description:
All brick, three level, triple net leased by Brompton Bicycle. Renovation with no expense spared, very high ceilings, hardwood floors, steel stairs with wood treads and cable railing, sprinkler system, ADA bathroom, rear egress, plenty of storage. 5 year lease, at the end of first year (May 2025), with a 5 year lease option, providing a current 4.66 CAP rate (10 year 5.27 Ave) , 2.5% annual increases, renovated completely in 2021, in Georgetown at Wisconsin and M Streets across from Apple and Hugo Boss stores. Zoned MU-4.
Location
Gallery
