Multilevel Restaurant with
For Sale
Contact for pricing
1122 9th Street NW, Washington, DC 20001
Existing dining, bar, and chef’s kitchen improvements support restaurant operations in a walkable, event-oriented Washington corridor.
Property Size6,730 SF
Price / SF$594.35
Days on Market50
Property Features for 1122 9th Street NW
General Information
Standard status
Active
Size
6,730 SF
Property subtype
Retail, Hospitality
Site & Location
Neighborhood
Shaw
Restaurant
Hood Type
Type I
Commercial Hood
Yes
Additional Details
Floor
Ground + 2 + 3 + Lower Level
Listing Agency:
Midland Commercial Advisors
Listed By:
Pete Mallios · License #REO40000442
Source:
Crexi
Added: Sep 9
Changed: Oct 25
Last Checked: Oct 28 at 8:02AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Midland Commercial Advisors
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This conventional restaurant property spans approximately 6,730 SF across multiple levels, with dining areas, bar spaces, and a large chef’s kitchen equipped with a Type 1 hood. The layout includes approximately 2,685 SF on the first floor, 1,867 SF on the second floor, 893 SF on the third floor, and 171 SF on the lower level. An existing C of O provides for an occupant load of 99.
Located at 1122 9th Street NW in Washington, DC, the property is near the Convention Center, Metro, hotels, offices, residences, restaurants, and nightlife. Its walkable setting places the restaurant within an event-oriented corridor supported by multiple surrounding uses.
Located at 1122 9th Street NW in Washington, DC, the property is near the Convention Center, Metro, hotels, offices, residences, restaurants, and nightlife. Its walkable setting places the restaurant within an event-oriented corridor supported by multiple surrounding uses.
Key Highlights
- Approximately 6,730 SF across multiple levels
- Restaurant layout with dining areas, bars, and a chef’s kitchen
- Type 1 hood installed in the kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$128,590
Cap Rate
3.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,571,800
$2.6M
Cap Rate 7%
$1,837,000
$1.8M
Cap Rate 9%
$1,428,778
$1.4M
Market Conditions
NOI Build-Up for 6,730 SF
Gross rent
$177.7K $26.40/SF
− Vacancy
−$6.2K −$0.92/SF
EGI
$171.5K $25.48/SF
− OpEx
−$42.9K −$6.37/SF
NOI
$128.6K $19.11/SF
Area
Washington, DC
Vacancy
3.50%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,571,800
Cap Rate 7%
$1,837,000
Cap Rate 9%
$1,428,778
Alternative Uses
Best Use
Specialty Retail
$1.84M
$1.61M – $2.14M
NOI $128,590 @ 7.0% cap · market cap 3.21%
Second Best
Industrial
$969.1K
$848.0K – $1.13M
NOI $67,838 @ 7.0% cap · market cap 1.70%
Theoretical Best
Office A
$3.46M
$3.03M – $4.04M
NOI $242,319 @ 7.0% cap · market cap 6.06%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Commercial hood
Location Intelligence
Trade Area within ½ mile
14,675
Businesses Nearby
179k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 31%
Hotels & Casinos 29%
Dining 23%
Shops & Services 16%
Safeway
Groceries
28,133 visits/mo
0.4 miles
Giant
Groceries
27,501 visits/mo
0.3 miles
McDonald's
Dining
24,382 visits/mo
0.4 miles
Washington Marriott At Metro Center
Hotels & Casinos
24,363 visits/mo
0.4 miles
TD Bank
Shops & Services
11,904 visits/mo
0.3 miles
Demographics for 20001, DC
49,040
Population
26,728
Households
1.8
Avg Household Size
32
Median Age
78%
College-Educated
95%
High-School Grad
2.0 sq mi
ZIP Area
24,520
Density / Sq Mi
$138,730
Median Household Income
$94,675
Median Earnings
$2,464
Median Rent
$844,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Washington, DC
Similar Off Market Nearby
- Sequoia — Washington, DC 20036
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Existing dining, bar, and chef’s kitchen improvements support restaurant operations in a walkable, event-oriented Washington corridor.
Where is this conventional restaurant located?
The property is located at 1122 9th Street NW Washington, DC.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: Approximately 6,730 SF across multiple levels; Restaurant layout with dining areas, bars, and a chef’s kitchen; Type 1 hood installed in the kitchen
