5534 CONNECTICUT AVENUE NW
Washington, DC 20015
Price Upon Request
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.
Listing Courtesy of: Long & Foster Real Estate, Inc.
301-943-3865
| Listing Id: | DCDC2288412 |
|---|---|
| Property Type: | Commercial Sale |
| Property Sub Type: | Retail |
| Status: | Active |
| Tax Annual Amount: | $29,718 |
| Lot Size Square Feet: | 3,500.0 |
| Lot Size Acres: | 0.08 |
| Waterfront?: | No |
| City: | Washington |
| Counties Or Regions: | Washington |
| Subdivision Name: | Chevy Chase |
| Postal Code: | 20015 |
| Year Built: | 1937 |
| Listing Agreement: | Exclusive Right |
| Frequency: | Annually |
| Mls List Date: | 2026-10-19 |
| Property Manager Yn: | Yes |
| State Or Province: | DC |
| Postal Code Plus4: | 2610 |
| Legal Subdivision: | Chevy Chase |
| Possession: | Settlement |
| Directions: | South of Chevy Chase Circle |
| School District Key: | 121140357950 |
| Cooling: | Central A/C |
| Construction Materials: | Brick |
| Building Area Total: | 6,580.0 |
| Accessibility Features: | None |
| Heating: | Central |
| Heating?: | Yes |
| Building Area Source: | Assessor |
| Parking Total: | 3 |
| Year Built Source: | Assessor |
| Basement Yn: | No |
| Cooling Fuel: | Electric |
| Heating Fuel: | Natural Gas |
| Hot Water: | Natural Gas |
| Other Units: | Unit 1, Unit 1, Unit 1, Unit 1, Unit 1 |
| Net Square Feet: | 6,580.0 |
| Total Restrooms: | 2 |
| Central Air Yn: | Yes |
| Type Of Parking: | On Street, Off Site, Other |
| Total Garage And Parking Spaces: | 3 |
| Assessment Year: | 2026 |
| In City Limits Yn: | Yes |
| City Town Tax: | $29,718.00 |
| City Tax Frequency: | Annually |
| County Tax Frequency: | Annually |
| Historic Yn: | Yes |
| Tax Assessment Amount: | $1,804,290.00 |
| Tax Year: | 2026 |
| Zoning: | NMU-4/CC1 |
| Zoning Description: | It will allow mixed-use low-density comm & mod.-density residential uses consisting of ground-floor comm and residential above |
| Listing Tax: | 1859//0802 |
| Auto Update Tax Data Yn: | Yes |
| Ownership: | Fee Simple |
| Special Listing Conditions: | Standard |
| Lot Size Source: | Assessor |
| Lot Size Units: | Square Feet |
| Soil Types: | Clay |
| Sewer: | Public Sewer |
| Water Source: | Public |
| Business Type: | Restaurant/Bar |
| School District NameSchool District: | DISTRICT OF COLUMBIA PUBLIC SCHOOLS |
| Building Winterized Yn: | Yes |
| Num Truck Trailer Parking Spaces: | 1 |
| Num Car Parking Spaces: | 2 |
| Short Sales: | No |
| Fencing Yn: | Yes |
| Property Use: | Investment |
| Tenancy Svo: | Single |
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Property Last Updated: October 26, 2026 10:08 PM - ET
