Prime Woodley Park Restaurant
For Sale
$2,250,000
2605 CONNECTICUT AVENUE NW, Washington, DC 20008
Rare opportunity to own commercial property on Connecticut Avenue.
Property Size6,700 SF
Price / SF$335.82
Days on Market532
Property Features for 2605 CONNECTICUT AVENUE NW
General Information
Standard status
Active
Size
6,700 SF
Property subtype
MixedUse
Site & Location
Neighborhood
Woodley Park
Taxes and HOA fees
Annual Taxes
$40,790
Building Details
Building Size
6,700 SF
Year Built
1913
Listing Agency:
Taylor Properties
Listed By:
Linda Ridenour
(301) 332-2162
Source:
Kerishull
Added: May 15, 2025
Changed: Oct 25
Last Checked: Oct 27 at 12:17AM
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 Taylor Properties
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Investment Insights
Based on property information with market context.
This property, situated in the heart of Woodley Park on Connecticut Avenue, presents a rare opportunity for ownership. Previously home to Tono Sushi Restaurant, a successful Thai and Sushi establishment for a decade, this is the first time in over half a century that this property has been available for sale. The property includes a full kitchen with an operational fan/blower. The offering is "as is, where is". The floor plan provides details of the layout. The property has strong rental potential and possible future tie-in with any corner development, offering future potential for increased value.
Key Highlights
- Prime location on Connecticut Avenue in Woodley Park.
- Rare opportunity: First time on the market in over 50 years.
- Freedom from landlord mandates and rent payments.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$128,017
Cap Rate
5.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,560,340
$2.6M
Cap Rate 7%
$1,828,814
$1.8M
Cap Rate 9%
$1,422,411
$1.4M
Market Conditions
NOI Build-Up for 6,700 SF
Gross rent
$176.9K $26.40/SF
− Vacancy
−$6.2K −$0.92/SF
EGI
$170.7K $25.48/SF
− OpEx
−$42.7K −$6.37/SF
NOI
$128.0K $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%
$2,560,340
Cap Rate 7%
$1,828,814
Cap Rate 9%
$1,422,411
Alternative Uses
Best Use
Specialty Retail
$1.83M
$1.60M – $2.13M
NOI $128,017 @ 7.0% cap · market cap 5.69%
Second Best
Retail
$1.54M
$1.34M – $1.79M
NOI $107,495 @ 7.0% cap · market cap 4.78%
Theoretical Best
Office A
$3.45M
$3.02M – $4.02M
NOI $241,239 @ 7.0% cap · market cap 10.72%
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
Location Intelligence
Trade Area within ½ mile
2,569
Businesses Nearby
50k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 71%
Shops & Services 29%
McDonald's
Dining
15,785 visits/mo
0.1 miles
M&T Bank
Shops & Services
12,887 visits/mo
0.1 miles
Starbucks
Dining
12,569 visits/mo
0.5 miles
Elevation Burger
Dining
3,143 visits/mo
0.3 miles
Compass Coffee
Dining
2,771 visits/mo
0.4 miles
Demographics for 20008, DC
30,143
Population
18,083
Households
1.7
Avg Household Size
38
Median Age
89%
College-Educated
98%
High-School Grad
3.1 sq mi
ZIP Area
9,724
Density / Sq Mi
$123,653
Median Household Income
$87,607
Median Earnings
$2,202
Median Rent
$894,100
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
- Churreria Madrid — 2505 Champlain St NW, Washington, DC 20009
- Milas Catering Inc — 1720 Lanier Pl NW, Washington, DC 20009
- Little Lady Chef — 2915 28th St NW, Washington, DC 20008
Frequently Asked Questions
What type of property is this?
Restaurant - Rare opportunity to own commercial property on Connecticut Avenue.
Where is this restaurant located?
The property is located at 2605 CONNECTICUT AVENUE NW Washington, DC.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: Prime location on Connecticut Avenue in Woodley Park.; Rare opportunity: First time on the market in over 50 years.; Freedom from landlord mandates and rent payments.
