Listed by NAI KLNB (Baltimore, MD), NAI KLNB (Washington, DC)
$2,500,000
2471 18th Street Northwest
Details
Property Type Retail, Office
Sub Type Restaurant, Bar
Square Footage 5,289
Tenancy Vacant
Price per SqFt $473
Lot Size (SqFt) 1,742
Zoning MU-5A
Investment Type Owner/User
Ground Lease No
Mixed-Use Investment | Adams Morgan
Marketing description
The KLNB Urban sales team is thrilled to present an exceptional investment opportunity: the fee simple interest in 2471 18th Street NW, located directly on the 18th Street retail corridor in the heart of Adams Morgan.2471 18th Street is a four-level 5,289 SF mixed-use building situated on a 1,742 SF lot zoned MU-5A, providing by-right FAR of 3.50. The building is in excellent condition and offers approximately 3,394 SF of newly renovated second-generation bar/restaurant space across the ground floor and lower level, plus approximately 1,895 SF of office/residential space on the second and third floors. The building also features ground-level roll up doors facing18th St, and a 193 SF balcony accessible from the third floor.
Investment highlights
- Four-level 5,289 SF mixed use building in the heart of Adams Morgan
- Recently renovated, the building is in excellent condition
- Ground floor and lower level is second generation bar/restaurant space, with second and third floor as office/creative space
- Class C (Tavern) license available separately
- 10,000 residents with Avg. HH Income of $170,000 within a quarter mile of the property
- Unique owner/user opportunity in one of the most recognized commercial corridors in Washington, DC
Listing Contacts
Listed by NAI KLNB (Baltimore, MD), NAI KLNB (Washington, DC)
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