1527 9th St NW | Washington, DC 20001
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- LoopNet Team
1527 9th St NW
Washington, DC 20001
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- +2,000 SF cash-flowing, fully stabilized retail building in the heart of Shaw on 9th Street NW
- Net leased to Glasshouse Gallery DC with +2 years remaining on current lease term and an option to renew for another 5 years
- Tenant’s business proved “pandemic proof” as they remained open and paying full rent through the entirety of the pandemic
- Excellent location with two metro stations within a half mile: Mt. Vernon Convention Center Metro Station and the Shaw-Howard University Metro station
- Tenant is currently in talks with the neighbor to expand their operation and take on more space
- Shaw is one of the most desirable neighborhoods in D.C. with strong demographics, retail foot traffic, and lots of restaurants and shops
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
2,048 SF
Building Class
C
Year Built
1957
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
9’
Building FAR
1.18
Lot Size
0.04 AC
Zoning
RF-1
Parking
2 Spaces (0.98 Spaces per 1,000 SF Leased)
Frontage
19’ on 9th Street Northwest
PROPERTY TAXES
| Parcel Number | 0397-0812 | Improvements Assessment | $730,690 |
| Land Assessment | $549,850 | Total Assessment | $1,280,540 |
PROPERTY TAXES
Parcel Number
0397-0812
Land Assessment
$549,850
Improvements Assessment
$730,690
Total Assessment
$1,280,540
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