1604-1608 Rhode Island Ave NE - Restaurant FOR SALE


Washington, DC 20018- Brookland
$2,500,000 USD
202-723-5500
1604-1608 Rhode Island Ave NE, Washington, DC for Sale
$2,500,000 USD
Restaurant - FOR SALE
1/2
null | Request Cap Rate

1604-1608 Rhode Island Ave NE
Washington, DC 20018
Brookland


OVERVIEW

This mixed use property has a second generation restaurant with a huge kitchen and walk in refrigerator and freezer on the first floor. Perfect for a restaurant owner who wants to own rather than lease their space! Retail level has two entrances so it can be divided into a carry-out restaurant and separate retail space that can be leased our or it can be seating for a restaurant. The basement level has bathrooms and additional storage for the restaurant. The second floor can be office or residential. It is currently a 5 bedroom apartment which could use some updating.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$554 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,049 SF

ZONING

MU-4

APN/PARCEL ID

4132-0804

ASK ABOUT THIS PROPERTY

Reza SabaiiCapital Investment, LLCMore Info
202-723-5500

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Reza SabaiiCapital Investment, LLCMore Info
202-723-5500

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.