For Sale $8,855,000
Property Type Retail
Property Size 8,855 SF
Lot Size 0.11 Acre
Parking Spaces Avail. 9
Parking Ratio 1.02 / 1,000 SF
Year Built 1979
Date Updated Feb 14, 2024

IDEAL USES: Fast Casual Restaurants, Full Service Restaurants, Retail, Fitness and Services

Free-standing flagship property in historic Georgetown, DC (formerly Patagonia)

(9) Parking Spaces

Concrete structural floors with wood-plank flooring on 1st & 2nd floors

Fully sprinklered building

Separate delivery loading doors on street level

Highly desirable iconic retail building just 364 feet away from the intersection of Wisconsin Avenue and M Street

A mere 528 feet away from the Potomac Waterfront

Outdoor patio area just off the entrance to the building overlooking the C&O Canal

North elevation of the building is fronting the Historic C & O Canal and Towpath, which is currently under construction for renovation

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Contacts

MILLER WALKER Retail Real Estate Centralized Leasing

MILLER WALKER Retail Real Estate

(202) 333-0303

Location

Getting Around

Walk Score ®
97/100 Walker's Paradise
Transit Score ®
76/100 Excellent Transit
Bike Score ®
87/100 Very Bikeable

City Washington, DC
Neighborhood Georgetown
Zip Code 20007
Market Washington DC Suburban Maryland

Frequently Asked Questions

What is the lease rate for 1048 Wisconsin Ave NW?

Rental asking rate at 1048 Wisconsin Ave NW is $4,427,500.00/YR.

What is the total square footage of 1048 Wisconsin Ave NW?

1048 Wisconsin Ave NW totals 8,855 square feet.

When was this property built?

1048 Wisconsin Ave NW was built in 1979.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker

MILLER WALKER Retail Real Estate Centralized Leasing

MILLER WALKER Retail Real Estate

(202) 333-0303

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1048 Wisconsin Ave NW, Washington, DC 20007 - Retail Space

This listing is located at 1048 Wisconsin Ave NW in the Georgetown neighborhood, in Washington, DC, 20007. The building incorporates a total of 8,855 SF Class retail space and is situated on a lot that is 0.11 Acre in size. 1048 Wisconsin Ave NW that was completed in 1979. This property is one of 18 retail buildings in Washington that are at least 50,000 square feet in size.

At city level, the local retail market incorporates 1 class A+ retail buildings, 9 class A retail Buildings, 4 class B retail buildings, 1 class C retail buildings. A total of 2 local retail properties have achieved LEED certification. For investor consideration, the average asking rate for retail space in Washington is $44.31/SF/YR across all property classes. Retail building sale prices in Washington average $2,145,500.

At neighborhood level, there are 6 commercial properties, of which 1 are retail buildings of 50,000 square feet or larger. The average rent rate for retail space in the neighborhood, across all property classes, is $44.31/SF/YR. Retail building sale prices in Georgetown average $2,145,500.

Map of Property

1048 Wisconsin Ave NW