319 Pennsylvania Ave SE | Washington, DC 20003
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- LoopNet Team
319 Pennsylvania Ave SE
Washington, DC 20003
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Delivered 100% Leased | Excellent Passive Investment Opportunity
- Personal Guaranty from a Strong Operator with Other Successful Restaurant Locations
- Within Three Blocks of the Eastern Market and Capitol South Metro Stations
- New 10-Year Urban-NNN Lease with Two Five-Year Options
- 19% and 16% Rent Increases in Years Three and Four Respectively
- Average Household Income of $210,360 within a 10-Minute Walk
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,375 SF
Building Class
B
Year Built/Renovated
1900/2019
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.93
Lot Size
0.05 AC
Zoning
MU-26 - MU-26: Mixed Use
Frontage
25’ on Pennsylvania Ave
PROPERTY TAXES
| Parcel Number | 0790-0818 | Improvements Assessment | $2,258,260 |
| Land Assessment | $603,010 | Total Assessment | $2,861,270 |
PROPERTY TAXES
Parcel Number
0790-0818
Land Assessment
$603,010
Improvements Assessment
$2,258,260
Total Assessment
$2,861,270
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