Retail Condo at P & 21st Streets NW

Washington, D.C. 20036

Offering Memorandum

The Offering

Summary

  • List Price $1,600,000
  • Neighborhood Dupont Circle
  • Product Type Retail/Office Condominium
  • Current Build-Out Restaurant/Bar
  • Occupancy 0%
  • Unit Size 2,871 SF
  • Year Last Renovated 2021
  • Rentable Public Patio Space 540 SF
  • Zoning MU-6B/DC
  • Street Frontage - P Street NW 80'00"

Investment Summary

Feldman Ruel Urban Property Advisors is pleased to offer for sale 1426 21st Street NW, Units S3 & S4, a retail condominium located at the signalized intersection of P and 21st Streets NW in the Dupont Circle neighborhood of Washington, D.C. This recently vacant 2,871-squre-foot retail condominium offers an impressive 80 feet of frontage along P Street NW, a full kitchen, cooler, bar area, two dining rooms, two restrooms, and a business office, as well as an additional 540-square-foot, mostly-enclosed, rentable public patio area and a small subbasement storage space. This retail condo at P & 21st Streets NW provides an outstanding opportunity for a restaurant user or an investor with a tenant in-tow looking to take advantage of the unit’s central location amongst embassies, hotels, restaurants, nightlife, multifamily high-rises, and office buildings.

Investment Highlights

• Excellent Restaurant User Opportunity | Delivered Vacant

• 2nd Generation Restaurant Space | Retail and Office Uses Permitted

• Fully Equipped Kitchen, Bar Area, 2 Dining Rooms, 2 Restrooms, & Business Office

• Enclosed Public Space Patio Area with Additional Outdoor Seating Component
• Well Located at a Signalized Intersection with an Impressive 80 Feet of Street Frontage

• 2 Blocks East of Dupont Circle where Connecticut & Massachusetts Avenues Intersect

• 3 Blocks West of Georgetown and 1 Block South of Embassy Row

Listing Agents

Josh Feldman

Managing Principal
Direct: (202) 318-6833

Ian Ruel

Managing Principal
Direct: (202) 318-6844

Adam Costanzo

Senior Associate
Direct: (202) 318-6826