WASHINGTON, DC—Retail properties rarely go on the market inGeorgetown; that is not to say that when they dothey will automatically sell quickly. Still, though, thesubmarket's tempo seems to be picking up lately.


Blake Dickson Real Estate is marketing a retailstorefront located at 1740 Wisconsin Ave. for$1.275 million. The 1,800-square foot,two-story building is nestled among Safeway, Bistro Lepic,Starbucks, and several boutiques. The building also comes with 2parking spaces in the rear.


Earlier this year 3150 M St. traded to War Horse LLC for roughly $12.2million, or $1,835 per square foot. The 6,662-squarefoot property, which is fully occupied by Serendipity 3, was firstlisted along with another property in 2009.


Georgetown is also in the spotlight due to Vornado Property Trust's plans to sell its stake inthe Shops at Georgetown Park.

Want to continue reading?
Become a Free ALM Digital Reader.

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.