In today’s news for the 1 percent, the Washington Business Journal reported last week that Domaine Wine Storage and Appreciation has leased 11,000 square feet of underground space at 4221 Connecticut Ave NW. This address is current home to the vastly underrated Indian Ocean restaurant and the new Sushi Para. Exactly what value does Domaine seek to provide in the Upper Northwest market?
Wine storage appeals to both collectors who lack space to store their own bottles and serious investors who require precise temperature controls. Domaine will charge members between $2.50 and $4 per case per month to store wine, depending on what services they require. At the higher end, Domaine can digitally catalogue and monitor a customer’s collection.
The service is available at a pre-opening price of $1/month for storage of 1-149 cases.