2429 18th St NW | Washington, DC 20009
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- LoopNet Team
2429 18th St NW
Washington, DC 20009
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Anchored by Tsehay, an Award-Winning, Michelin-Rated Ethiopian Restaurant
- Building Comprised of a 2-Level Retail Unit and a 2-Level, 4BR/2BA Residential Unit Above
- Adjacent to Colonial Parking Garage #462 Offering Hourly, Daily, & Monthly Parking
- Tsehay has Almost 10 Years of Term Remaining and a 5-Year Option Period on Its Urban-NNN Lease
- Retail & Residential Units Renovated in 2023 & 2016 Respectively
- Excellent 1031-Exchange Upleg Opportunity | Sale Not Subject to TOPA
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront
Building Size
5,000 SF
Building Class
A
LoopNet Rating
4 Star
Year Built/Renovated
1917/2016
Tenancy
Multiple
Building Height
4 Stories
Building FAR
3.10
Lot Size
0.04 AC
Zoning
MU-5A - Mixed-use developments that permit a broad range of commercial, institutional, and multiple dwelling unit residential development
Frontage
14’ on 18th St NW
PROPERTY TAXES
| Parcel Number | 2560-0096 | Improvements Assessment | $2,091,130 |
| Land Assessment | $495,380 | Total Assessment | $2,586,510 |
PROPERTY TAXES
Parcel Number
2560-0096
Land Assessment
$495,380
Improvements Assessment
$2,091,130
Total Assessment
$2,586,510
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