4912 Wisconsin Ave NW
Washington, DC 20016
Retail Property For Sale

The Feldman Group of Marcus & Millichap is pleased to present the exclusive offering of 4912 Wisconsin Avenue NW. Located in Washington, D.C.’s affluent Friendship Heights neighborhood along its major commercial corridor, this offering represents a rare opportunity for a savvy investor or owner/operator to acquire an almost-turnkey restaurant property in need of minimal renovation in an extremely low-velocity submarket. Adding to the appeal of the property is its outdoor patio seating area along Wisconsin Avenue NW, full unfinished sublevel, and alley access at the rear of the property for loading and trash service. 4912 Wisconsin Avenue NW is a two-story, 4,028-square foot building with 2,547-square feet of finished retail/restaurant space and 1,481-square feet of unfinished sublevel space which is actually above grade at the rear of the building. The property is situated on a 3,125-square foot lot, is not in a historic district, and benefits from flexible MU-4 zoning which allows for retail, office, and multifamily use. Onsite parking of 2-3 cars is also available at real of the lot which is accessable through the alley connecting to Ellicott Street NW to the south and Fessenden Street NW to the north. Friendship Heights is a bustling residential and commercial neighborhood situated along the border with Maryland in Northwest Washington, D.C. Known mostly for its major retail destinations that are located within one-half mile of 4912 Wisconsin Avenue NW, Friendship Heights is home to both Mazza Gallerie and the Chevy Chase Pavillion. Mazza Gallerie is anchored by Neiman Marcus, Saks Fifth Avenue and an 8-screen AMC movie theater while Chevy Chase Pavillion offers an Embassy Hotel, Starbucks, World Market, national apparel retailers such as H&M, J. Crew and Old Navy as well as restaurants including The Cheesecake Factory. Within Washington, D.C. Friendship Heights is bordered by American University Park to the west, Chevy Chase to the east, and Tenlytown to the south. Offering the opportunity for significant commercial patronage, Friendship Heights boasts an average household income in the range of $160,000 to $200,000 and a highly educated population with 84% having obtained at least a bachelor’s degree.