1823 M St NW - Bar FOR SALE


Washington, DC 20036- Dupont Circle
$3,600,000 USD
301-787-8954
1823 M St NW, Washington, DC for Sale
$3,600,000 USD
Bar - FOR SALE
1/16
null | 6% Cap Rate

Oct '30


1823 M St NW
Washington, DC 20036
Dupont Circle


HIGHLIGHTS

  • Fully leased, long-standing nightclub/bar generating stable income
  • Prime Dupont Circle location in DC’s Golden Triangle with high visibility and foot traffic
  • MU-9B/DC zoning supports high-density mixed-use development
  • Structured annual rent escalations providing predictable, growing returns
  • Rare opportunity with both immediate cash flow and long-term investment upside

OVERVIEW

Located in the heart of Washington, DC’s Golden Triangle, 1823 M Street NW is a premier investment opportunity. The four-story, 6,400+ sqft building is tenant-occupied under a Triple Net (NNN) lease with approximately five years remaining, providing predictable, management-free income with annual escalations. The property features two levels of hospitality space, including lounges, a commercial kitchen, and multiple bar build-outs, plus four apartment-style units on the upper floors. This flexible configuration allows for a variety of uses, from maintaining the current entertainment/dining format to converting upper levels to residential, boutique office, or extended hospitality. Prime location, strong market fundamentals, and long-term repositioning potential make this a rare opportunity in the DC commercial market.

FOR SALE DETAILS

PRICE

$3,600,000 USD

PRICE/SF

$557 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bar

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1889

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,178 SF

ZONING

MU-9B

APN/PARCEL ID

0139-0007

ASK ABOUT THIS PROPERTY

Lee FriedmanNorthrop RealtyMore Info
301-787-8954

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Lee FriedmanNorthrop RealtyMore Info
301-787-8954

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