2222 18Th StWashington, DC 20009

  • Retail properties
  • 1,632 SF
For Lease

Property Details for 2222 18Th St

Year built
1910
Construction
BRICK
Lot size
0.04 AC
Property size (Sq ft)
1,632 SF
Zone code
MU-4
Property type
Retail properties
Property subtype
Turn key restaurants
APN
2553 0829
APU
25530829

Description

This exceptional retail property, located at 2222 18th Street, NW, Washington, DC 20009, offers a unique opportunity for multiple businesses seeking prime space in the District of Columbia. The building totals 3,103 square feet and is currently fully vacant, presenting a blank canvas for your vision. The property is configured into four individual suites, providing flexibility for various business models. Each suite offers a minimum of 616 square feet, with the largest contiguous space measuring 1,359 square feet. This allows for both smaller, independent ventures and larger establishments to find a suitable fit. The property's classification as a restaurant subtype suggests ideal suitability for food and beverage establishments, but the flexible layout accommodates a wide range of retail uses. The building's location in the vibrant District of Columbia offers excellent visibility and accessibility, ensuring high foot traffic and potential customer reach. This is a rare opportunity to secure a substantial, fully vacant retail space in a highly desirable location. The property is zoned for retail use within the District of Columbia. Contact us today to schedule a viewing and explore the possibilities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $619,984
    6.5%
    $572,293
    7%
    $531,415
  • Comparable approach

    Method
    Valuation
    Relative Method
    $686,852
    Geo Method
    $686,852
  • Alternative Use

    Use
    Valuation
    Residential
    $482,751
    Hospitality
    $442,197
    Educational
    $367,903
    Medical
    $380,556
    Retail
    $572,293
2222 18Th St, Washington, District of Columbia

Location Insight

City
Washington
County
District Of Columbia
State
DC
Latitude
38.9194
Longitude
-77.0419
CBSA code
47900
CBSA name
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$14,945
$366,350
$542,360
$908,710
-
$366,350
$542,360
$908,710

FAQs

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