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$3,250,000
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Property Description
Unlock the full potential of this exceptionally rare commercial property in one of Washington, DC's most sought-after corridors. 2623 Connecticut Ave NW offers a unique opportunity for investors, developers, or owner-occupants looking for a flexible asset with mixed-use, multi-family, and retail zoning - a true gem in the heart of the Woodley Park/Cleveland Park corridor. Strategically positioned on a high-visibility stretch of Connecticut Avenue, close to major tourist destinations like the National Zoo, this property benefits from prime foot traffic, direct access to the Woodley Park-Zoo/Adams Morgan Metro Station, and proximity to top-rated restaurants, hotels, and national landmarks. Walk Score: 93 (Walker's Paradise) and Transit Score: 70 (Excellent Transit). Ideal for a boutique retail storefront, restaurant/cafe, office space, or residential multi-family. Take advantage of appreciation potential in a stable and high demand market. The current leases include a successful restaurant on street level and 7 residential apartment units above. Whether you're looking to establish a flagship retail presence, redevelop for luxury multi-family units, or hold as a high-performing investment, 2623 Connecticut Ave NW delivers unmatched zoning flexibility in a premier urban setting and dynamic mixed-use corridor.
Full Property Details
Full Property Details for 2623 Connecticut Ave NW
General
- Price: $3,250,000
- Taxes: $42,033 (2024)
- Status: Active
- Type: Apartment
- Source: BrightMLSMidAtlantic
- MLS ID: DCDC2215320
- Updated: 12/17/2025
- Added to Site: 159 day(s) ago
Business
- Business Type: Restaurant/Bar, Apartment Building
Parking
- Total Spaces: 2
- Parking Type: Parking Lot
Location
- County: WASHINGTON
- Driving Directions: please refer to google maps.
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Heating Type: Central
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick
- # Loading Docks: 1
- Year Built: 1910
- Year Built Source: Assessor
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.06
- Lot Size (Sq. Ft.): 2,760
- Lot Size Source: Assessor
- Zoning: 42
Financial Considerations
- Price Per Sq. Ft.: $524.19
- Tax w/Assessment: $2,585,060
- Tax Amount: $42,033
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 132
Listed by Compass, Avi Galanti and Compass, Diego Luis Sito
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Schools
Schools serving 2623 Connecticut Ave NW
School District:District of Columbia Public Schools
| Name | Grades | Distance |
|---|---|---|
Jackson-Reed High School 3950 Chesapeake Street Northwest, Washington, DC 20016 | 9-12 | 2.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2623 Connecticut Ave NW
Date
Details
Price
Change
Source
9/25/2025
Price Reduced
$3,250,000
-18.75%
MLS
8/14/2025
Listed
$4,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2623 Connecticut Ave NW
Year
Property Taxes
Change
Tax Assessment
Change
2025
$42,654
1%
$2,585,060
1%
2024
$42,033
—
$2,547,430
—
2023
$42,010
2%
$2,544,720
2%
2022
$41,147
1%
$2,493,750
1%
2021
$40,740
-65%
$2,469,110
5%
2020
$117,352
232%
$2,347,030
10%
2019
$35,315
10%
$2,140,280
10%
2018
$32,114
9%
$1,946,290
9%
2017
$29,363
11%
$1,779,590
11%
2016
$26,557
1%
$1,609,500
1%
2015
$26,211
2%
$1,588,520
2%
2014
$25,765
—
$1,561,530
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2623 Connecticut Ave NW
2623 Connecticut Avenue NW, Washington, DC 20008 (MLS# DCDC2215320) is a Apartment property. 2623 Connecticut Avenue NW is currently listed for $3,250,000 and was received on August 14, 2025. Want to learn more about 2623 Connecticut Avenue NW? Do you have questions about finding other Apartment real estate for sale in Washington? You can browse all Washington real estate or contact a Coldwell Banker agent to request more information.

