4009 34th St - Restaurant FOR SALE


Mount Rainier, MD 20712
$625,000 USD
202-215-6095
4009 34th St, Mount Rainier, MD for Sale
$625,000 USD
Restaurant - FOR SALE
1/34
null | 7% Cap Rate

4009 34th St
Mount Rainier, MD 20712


OVERVIEW

Congressional Commercial, LLC (“CC”) is pleased to present 4009 34th Street, Mount Rainier MD 20743 (the “Property”). Located within the historic Mount Rainier Town Center – known for it’s walkable shops, vibrant arts, and historic neighborhoods, the property measures approximately 2,300 square feet on two levels, with a first-floor dining area and open kitchen/grille as well as a fully operational lower level that includes an office, 1/2 bath, built-in refrigeration and triple sink and additional freezer space. Recently triple net leased to a fast-casual restaurant, Bro's J., through 2029, the Property is fully code compliant with City and County code and the occupant/tenant possesses all those valid use and occupancy permits as well as food endorsements. This is a leased investment with the occupant's commercial lease running through 2029, with annual escalations and minimal ongoing responsibility for a new owner, except maintenance of the roof and structural components of the Property. The building is served with 3-phase power, natural gas and municipal water and sewer. The updated kitchen features a new hood and exhaust system, grease trap, and multiple triple and hand sinks as well as one 1/2 bath on each level. Vintage 1930’s tin ceilings on the main level and original skylight and bay windows provide great light. Zoning is L-MUTC, which permits a wide variety of commercial uses. The property is located off of Rhode Island Avenue and proximate to retailers, restaurants, City Hall, bu stops, and close to the MD / DC line at Eastern Avenue. The local area is serviced by WMATA Metro Bus lines with access to Metro’s Green Line.

FOR SALE DETAILS

PRICE

$625,000 USD

PRICE/SF

$272 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1937

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,178 SF

ZONING

LMUTC

APN/PARCEL ID

17-1919133

ASK ABOUT THIS PROPERTY

Langdon HampleCongressional Commercial, LLCMore Info
202-215-6095

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Langdon HampleCongressional Commercial, LLCMore Info
202-215-6095

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