$1,500,000 USD
202-280-2722
2104 18th St NW
Washington, DC 20009
Adams Morgan
HIGHLIGHTS
- Strong Investment Opportunity with recently leased retail space and occupied residential units on the 2nd & 3rd levels
- Projected 7.48% Stabilized Cap Rate as of January 1, 2027 at the current asking price of $1,500,000
- Perfect for investors looking for a turnkey investment opportunity with in-place cashflow and future income growth
- Located on 18th Street NW in Adams Morgan, one of DC’s most well-known nightlife destinations, with excellent access to downtown
FOR SALE DETAILS
PRICE
$1,500,000 USD
PRICE/SF
$385 USD /SF
CAP RATE
Request Cap Rate
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront Retail/Residential
TOTAL BUILDING SIZE
-
STORIES
4
YEAR BUILT
1900
SPRINKLERS
-
PARKING SPACES
1
LAND DETAILS
LAND ACRES
0.03 AC
LAND SF
1,300 SF
ZONING
MU-4
APN/PARCEL ID
2554-0000-0815
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
202-280-2722
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
202-280-2722
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
