Four-Story Retail Building with
For Sale
$3,200,000
1336 U St Nw, Washington, DC 20009
Four-story retail building with a built-out bar/nightclub and rooftop.
Property Size6,000 SF
Lot Size0.04 Acres
Price / SF$533.33
Days on Market179
Property Features for 1336 U St Nw
General Information
Standard status
Active
Size
6,000 SF
Lot size
0.04 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$62,965
Building Details
Year Built
1905
Listing Agency:
TRANZON KEY
(703) 539-8111
Listed By:
JEFFREY E STEIN · License #5422
(888) 621-2110
Source:
Corcoran
Added: Mar 9
Changed: Sep 3
Last Checked: Sep 3 at 3:57AM
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 TRANZON KEY
Investment Insights
Based on property information with market context.
The property at 1336 U Street is a four-story retail building with a full basement built out as a bar/nightclub. Constructed in 1905 and renovated in 2014, the building totals approximately 6,000 square feet. It features built-in bars on four levels, four bathrooms, and a rooftop bar offering city views. The lower level includes a commercial kitchen equipped with a dumbwaiter system that serves all floors. The building is served by a central heating system and includes compressors, package units, and heat pumps. The building is fully sprinklered. All furniture, fixtures, and equipment will convey with the property.
Key Highlights
- Rooftop bar with city views
- Built‑in bars on 4 levels
- Commercial kitchen with dumbwaiter system
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$116,883
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.65%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,337,660
$2.3M
Cap Rate 7%
$1,669,757
$1.7M
Cap Rate 9%
$1,298,700
$1.3M
Market Conditions
NOI Build-Up for 6,000 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$162.0K $27.00/SF
− Vacancy
−$6.2K −$1.03/SF
EGI
$155.8K $25.97/SF
− OpEx
−$39.0K −$6.49/SF
NOI
$116.9K $19.48/SF
Area
ZIP 20009
Vacancy
3.80%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,337,660
Cap Rate 7%
$1,669,757
Cap Rate 9%
$1,298,700
Alternative Uses
Best Use
Specialty Retail
$1.67M
$1.46M – $1.95M
NOI $116,883 @ 7.0% cap · market cap 3.65%
Second Best
Retail
$1.50M
$1.31M – $1.75M
NOI $104,775 @ 7.0% cap · market cap 3.27%
Theoretical Best
Office A
$3.09M
$2.70M – $3.60M
NOI $216,035 @ 7.0% cap · market cap 6.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
6,934
Businesses Nearby
47k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 69%
Home Improvements & Furnishings 21%
Shops & Services 9%
Apparel 1%
McDonald's
Dining
19,704 visits/mo
0.0 miles
Starbucks
Dining
7,495 visits/mo
0.3 miles
Logan Hardware
Home Improvements & Furnishings
5,986 visits/mo
0.2 miles
Jeni's Splendid Ice Creams
Dining
4,634 visits/mo
0.0 miles
CubeSmart Self Storage
Shops & Services
2,213 visits/mo
0.4 miles
Demographics for 20009, DC
53,357
Population
31,824
Households
1.7
Avg Household Size
34
Median Age
84%
College-Educated
97%
High-School Grad
1.3 sq mi
ZIP Area
41,044
Density / Sq Mi
$140,555
Median Household Income
$99,606
Median Earnings
$2,346
Median Rent
$727,800
Median Home Value
Market
Vacancy Rate% for Retail in Washington, DC
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Bar & Pub - Four-story retail building with a built-out bar/nightclub and rooftop.
Where is this bar & pub located?
The property is located at 1336 U St Nw Washington, DC.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: Rooftop bar with city views; Built‑in bars on 4 levels; Commercial kitchen with dumbwaiter system
