Restaurant Space with
201 MASSACHUSETTS AVENUE NE #0S-5, Washington, DC 20002
For Sale
Contact for pricing
The space was used for cafeteria and restaurant operations, and its food-service equipment remains onsite.
Property Size2,213 SF
Price / SF$3.84
Days on Market15
Property Features for 201 MASSACHUSETTS AVENUE NE #0S-5
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Additional Details
Business Included
Equipment Included
Building Details
Year Built
Listing Agency:
Champion Realty Investment
(703) 658-9007
Listed By:
Changsun Yoon · License #0225023547
(703) 626-5012
Source:
Cummingsrealtors
Added: Oct 26
Changed: Nov 8
Last Checked: Nov 8 at 6:54AM
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 Champion Realty Investment
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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 restaurant property contains 2,213 square feet and retains food-service equipment onsite. The space was previously operated as a cafeteria and restaurant. The building dates to 1900.
The property is at 201 Massachusetts Avenue NE #0S-5 in Washington, DC.
The property is at 201 Massachusetts Avenue NE #0S-5 in Washington, DC.
Key Highlights
- 2,213‑square‑foot restaurant property
- Food‑service equipment remains onsite
- Previously operated as a cafeteria and restaurant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,062
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,141,240
$1.1M
Cap Rate 7%
$815,171
$815.2K
Cap Rate 9%
$634,022
$634.0K
Market Conditions
NOI Build-Up for 2,213 SF
Gross rent
$79.7K $36.00/SF
− Vacancy
−$3.6K −$1.62/SF
EGI
$76.1K $34.38/SF
− OpEx
−$19.0K −$8.59/SF
NOI
$57.1K $25.78/SF
Area
ZIP 20002
Vacancy
4.50%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,141,240
Cap Rate 7%
$815,171
Cap Rate 9%
$634,022
Alternative Uses
Best Use
Specialty Retail
$815.2K
$713.3K – $951.0K
NOI $57,062 @ 7.0% cap · market cap 671.32%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.14M
$999.8K – $1.33M
NOI $79,980 @ 7.0% cap · market cap 940.94%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
6,052
Businesses Nearby
26k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 47%
Hotels & Casinos 32%
Dining 22%
Exxon
Shops & Services
8,720 visits/mo
0.0 miles
Kimpton George Hotel
Hotels & Casinos
8,357 visits/mo
0.4 miles
Truist
Shops & Services
3,507 visits/mo
0.4 miles
CAVA
Dining
2,845 visits/mo
0.4 miles
Nando's PERi-PERi
Dining
2,838 visits/mo
0.4 miles
Demographics for 20002, DC
69,422
Population
38,459
Households
1.8
Avg Household Size
33
Median Age
70%
College-Educated
95%
High-School Grad
5.1 sq mi
ZIP Area
13,612
Density / Sq Mi
$114,482
Median Household Income
$82,909
Median Earnings
$2,140
Median Rent
$813,700
Median Home Value
Market
Properties on Market for Conventional restaurants in Washington
Vacancy Rate% for Retail in Washington, DC
Frequently Asked Questions
What type of property is this?
Conventional restaurant - The space was used for cafeteria and restaurant operations, and its food-service equipment remains onsite.
Where is this conventional restaurant located?
The property is located at 201 MASSACHUSETTS AVENUE NE #0S-5 Washington, DC.
What are key features of this property?
This property features: 2,213‑square‑foot restaurant property; Food‑service equipment remains onsite; Previously operated as a cafeteria and restaurant
