$1,600,000 USD
202-869-1743
2116 18th St NW
Washington, DC 20009
Adams Morgan
HIGHLIGHTS
- Mixed-use building on the 2100 block of 18th Street NW in Adams Morgan with a blend of apartments, office, and retail
- Opportunity for new owner to add value by leasing the 2nd floor office unit or converting it to residential.
- Lower Level space is occupied by a long-term retail tenant in year 7 of a 10-year lease with two 5-year options
- Grocery store on the first level is paying market rent but is on a month-to-month lease and could be vacated for an owner/user or new tenant
FOR SALE DETAILS
PRICE
$1,600,000 USD
PRICE/SF
$533 USD /SF
CAP RATE
Request Cap Rate
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment Or Owner User
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront Retail/Residential
ADD'L SUBTYPES
Convenience Store, Storefront Retail/Office, Supermarket
TOTAL BUILDING SIZE
-
STORIES
3
YEAR BUILT
1900
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.05 AC
LAND SF
2,000 SF
ZONING
MU-4
APN/PARCEL ID
2554-0000-0033
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202-869-1743
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202-869-1743
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