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2104 18th St NW 3,900 SF 100% Leased 4-Star Retail Building Washington, DC 20009 $1,500,000 ($384.62/SF)
Investment Highlights
- Strong Investment Opportunity with recently leased retail space and occupied residential units on the 2nd & 3rd levels
- Perfect for investors looking for a turnkey investment opportunity with in-place cashflow and future income growth
- Projected 7.43% Stabilized Cap Rate as of January 1, 2027 at the current asking price of $1,500,000
- Located on 18th Street NW in Adams Morgan, one of DC’s most well-known nightlife destinations, with excellent access to downtown
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,900 SF
Building Class
A
LoopNet Rating
4 Star
Year Built/Renovated
1900/2021
Price
$1,500,000
Price Per SF
$384.62
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Building FAR
3.00
Lot Size
0.03 AC
Zoning
MU-4 - mixed-use areas that permit a range of uses including commercial, institutional, and residential development at moderate densities
Parking
1 Spaces (0.22 Spaces per 1,000 SF Leased)
Frontage
20’ on 18th St NW
Amenities
- Tenant Controlled HVAC
- Air Conditioning
- Smoke Detector
Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
90/100
Exceptionally bikeable
90/100
Nearby Major Retailers
![[solidcore]](https://images1.loopnet.com/i2/X1DfwMFhQUJtrEvdN0O4PHppb1UchnIXcAPoILYKKzI/105/image.jpg "[solidcore]")
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2104 18th St NW
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