Three-Level Restaurant
1934 9TH STREET NW, Washington, DC 20001
For Sale
New
Contact for pricing
The property has upper, main, and lower floors, with a former bar and restaurant use.
Property Size3,913 SF
Price / SF$2.04
Days on Market5
Property Features for 1934 9TH STREET NW
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Building Details
Year Built
Stories
Listing Agency:
Capital Retail Group, LLC
(202) 319-2884
Listed By:
Robert E Tack · License DC PB98365975
(202) 370-1350
Source:
Cummingsrealtors
Added: Nov 5
Changed: Nov 9
Last Checked: Nov 9 at 2:04PM
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 Capital Retail Group, LLC
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Investment Insights
Based on property information with market context.
Built in 1927, this restaurant property spans three levels and was formerly used as a bar and restaurant. The upper floor contains 1,332 square feet, the main floor 1,272 square feet, and the lower floor 1,309 square feet, for a combined 3,913 square feet.
Key Highlights
- 3,913 square feet across three levels
- Upper floor: 1,332 square feet
- Main floor: 1,272 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$74,766
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,495,320
$1.5M
Cap Rate 7%
$1,068,086
$1.1M
Cap Rate 9%
$830,733
$830.7K
Market Conditions
NOI Build-Up for 3,913 SF
Gross rent
$103.3K $26.40/SF
− Vacancy
−$3.6K −$0.92/SF
EGI
$99.7K $25.48/SF
− OpEx
−$24.9K −$6.37/SF
NOI
$74.8K $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%
$1,495,320
Cap Rate 7%
$1,068,086
Cap Rate 9%
$830,733
Alternative Uses
Best Use
Specialty Retail
$1.07M
$934.6K – $1.25M
NOI $74,766 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.01M
$1.76M – $2.35M
NOI $140,891 @ 7.0% cap
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
5,047
Businesses Nearby
75k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 47%
Dining 42%
Home Improvements & Furnishings 10%
Apparel 1%
McDonald's
Dining
19,704 visits/mo
0.4 miles
Marathon
Shops & Services
11,525 visits/mo
0.5 miles
7-Eleven
Shops & Services
10,883 visits/mo
0.4 miles
Logan Hardware
Home Improvements & Furnishings
5,986 visits/mo
0.5 miles
Mobil
Shops & Services
5,824 visits/mo
0.4 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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Conventional restaurants in Washington
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 - The property has upper, main, and lower floors, with a former bar and restaurant use.
Where is this conventional restaurant located?
The property is located at 1934 9TH STREET NW Washington, DC.
What are key features of this property?
This property features: 3,913 square feet across three levels; Upper floor: 1,332 square feet; Main floor: 1,272 square feet
