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Listed by Kat Conley • Long & Foster Real Estate, Inc.
$1,995,000
Est. payment /mo
3,500 Sqft Lot
New
5534 CONNECTICUT AVE NW Washington, DC 20015
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Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Subdivision Chevy Chase
MLS Listing ID DCDC2288412
Year Built 1937
Annual Tax Amount $29,718
Tax Year 2026
Lot Size 3,500 Sqft
Acres 0.08
Property Sub-Type Retail
Source BRIGHT
Property Description
5534 Connecticut Avenue, NW presents investors with an unparalleled opportunity to purchase a fully leased retail property in the highly regarded Chevy Chase neighborhood in Washington, DC. The row house style building has excellent frontage along Connecticut Avenue, just three blocks from Chevy Chase Circle and in a thriving commercial corridor. Dedicated parking is accessible in a rear lot as well as along neighborhood streets. The neighborhood is characterized by a variety of housing styles with high household incomes. The commercial uses include a vibrant mix of local and national retailers with a library, school, grocery store and other conveniences nearby. Commuting is easy with Metro Bus routes along Connecticut Avenue and the Friendship Heights Metro Station less than a mile away.
Opal, the restaurant operating at 5534 Connecticut is a neighborhood gem, with a loyal following from close by as well as diners traveling from other parts of the Metro area. The restaurant has several other outposts in the area, including a restaurant Nina May in the Shaw neighborhood of DC and a new restaurant in the Chevy Chae Lake project. Opal's lease runs through August 2032 and is a triple net lease with the tenant reimbursing the building owner for operating expenses and taxes.
Opal, the restaurant operating at 5534 Connecticut is a neighborhood gem, with a loyal following from close by as well as diners traveling from other parts of the Metro area. The restaurant has several other outposts in the area, including a restaurant Nina May in the Shaw neighborhood of DC and a new restaurant in the Chevy Chae Lake project. Opal's lease runs through August 2032 and is a triple net lease with the tenant reimbursing the building owner for operating expenses and taxes.
Location
State DC
County Washington
Zoning NMU-4/CC1
Interior
Hot Water Natural Gas
Heating Central
Cooling Central A/C
Heat Source Natural Gas
Exterior
Garage Spaces 3.0
Water Access N
Accessibility None
Total Parking Spaces 3
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Tax ID 1859//0802
Ownership Fee Simple
Special Listing Condition Standard
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NEARBY SCHOOL & BUSINESS