Description
+7,600 SF mixed-use hospitality and retail building at the prominent, signalized corner of Connecticut Avenue and S Street NW in Dupont Circle, one of Washington DCs most sought-after and tightly held neighborhoods Established street-level restaurant with two decades of operating history at this location provides consistent income and proven tenant stability Fully renovated in 2019, the Residence of Kalorama features eleven short-term rental units operating under an Inn designation, offering strong in-place income with upside potential through professional management and dynamic pricing strategies Prime location just two blocks from the Dupont Metro, surrounded by leading dining, retail, and hospitality destinations that generate steady guest demand year-round Destination DC projects citywide hotel occupancy to reach 72% by 2026, reinforcing continued strength and growth potential for the propertys short-term rental operations
Description
+7,600 SF mixed-use hospitality and retail building at the prominent, signalized corner of Connecticut Avenue and S Street NW in Dupont Circle, one of Washington DCs most sought-after and tightly held neighborhoods Established street-level restaurant with two decades of operating history at this location provides consistent income and proven tenant stability Fully renovated in 2019, the Residence of Kalorama features eleven short-term rental units operating under an Inn designation, offering strong in-place income with upside potential through professional management and dynamic pricing strategies Prime location just two blocks from the Dupont Metro, surrounded by leading dining, retail, and hospitality destinations that generate steady guest demand year-round Destination DC projects citywide hotel occupancy to reach 72% by 2026, reinforcing continued strength and growth potential for the propertys short-term rental operations
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