2600-2606 Wade Road SE — Sale in Washington, DC

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Washington, DC 20020
  • Year built: 1943

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Description

Marcus & Millichap is pleased to exclusively present, on behalf of ownership, the offering of 2600–2606 Wade Road SE, Washington, DC 20020 — a rare mixed-use investment and redevelopment opportunity located in the heart of rapidly transforming Ward 8 district. Positioned on a prominent corner lot directly across from the Barry Farm Recreation Center and just one mile from the transformative St. Elizabeths East Campus redevelopment, the property benefits from exceptional long-term growth fundamentals. The $534+ million St. Elizabeths East initiative spans approximately 183 acres and includes thousands of new residential units, a state-of-the-art $375 million hospital, the Entertainment & Sports Arena (home of the WNBA’s Washington Mystics), along with an expanding mix of retail, dining, entertainment, and community amenities. 2600–2606 Wade Road SE consists of approximately 6,714 square feet of rentable space situated on a 3,920-square-foot corner parcel. The ground floor features three retail suites ideally suited for neighborhood-serving uses such as grocery, restaurant, bar, convenience, or service-oriented retail tenants. The upper level consists of seven residential apartments, including six one-bedroom/one-bath units and one two-bedroom/one-bath unit. The second floor also offers flexibility for conversion to office or additional commercial space, providing investors with multiple repositioning strategies. This offering represents a unique value-add opportunity in one of Washington, D.C.’s fastest-evolving submarkets. With strong surrounding redevelopment activity, flexible mixed-use configuration, and significant upside potential through lease-up, renovation, repositioning, or future redevelopment, 2600–2606 Wade Road SE is well-positioned for investors seeking both current income and long-term appreciation. Investment Highlights: • Prime Corner Location – Highly visible corner property located directly across from the Barry Farm Recreation Center. • Proximit

Market Context

This retail in Washington, DC is listed for sale. The building dates to 1943. Compare it against other retail listings for sale in Washington, DC — view the full market.

Estimated Price per SF

$195.94/SF – $1,425/SF

Mid: $593.76/SF

About 8 in 10 recent recorded sales fell within a range this wide around the estimate. An automated estimate, not an appraisal.

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