Commercial Kitchen Space with
For Sale
Contact for pricing
409 NE 18Th Street NE, Washington, DC 20002
Commercially zoned kitchen space with installed cooking, refrigeration, sink, and baking equipment.
Property Size898 SF
Price / SF$3.34
Days on Market49
Property Features for 409 NE 18Th Street NE
General Information
Standard status
Active
Size
898 SF
Property subtype
Commercial
Zoning
COMMERCIAL
Lease Term
12 Months
Site & Location
Neighborhood
Rosedale
Additional Details
Equipment Included
Yes
Amenities
Natural Gas
Yes
Central
No
1
Equipment located in property including refrigerators,cooking stoves/equipment,metal tables,Italian baking machine. and various sinks.
N
Public
On Street
898.00
Building Details
Year Built
1938
Listing Agency:
RE/MAX Allegiance
(202) 547-5600
Listed By:
Joel N Martin
(202) 498-1065
Source:
Thetristaterealestategroup
Added: Sep 16
Changed: Nov 1
Last Checked: Nov 3 at 4:24AM
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 RE/MAX Allegiance
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Investment Insights
Based on property information with market context.
The property is an 898-square-foot commercial kitchen space at 409 NE 18th Street NE. Existing improvements include refrigerators, cooking equipment, metal worktables, multiple sinks, and an Italian baking machine. Natural gas and central systems are listed among the interior features. The equipment conveys in its present condition.
The space was previously used as a croissant bakery and includes an original Italian-imported baking unit. This offering is limited to the 409 location and does not include 411. The building dates to 1938, and showings are scheduled in advance.
The space was previously used as a croissant bakery and includes an original Italian-imported baking unit. This offering is limited to the 409 location and does not include 411. The building dates to 1938, and showings are scheduled in advance.
Key Highlights
- 898 SF commercial kitchen space
- Installed refrigerators, cooking equipment, metal tables, and multiple sinks
- Original Italian‑imported baking machine remains in place
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,011
Suggested Prices Based on Cap Rates
Cap Rate 5%
$200,220
$200.2K
Cap Rate 7%
$143,014
$143.0K
Cap Rate 9%
$111,233
$111.2K
Market Conditions
NOI Build-Up for 898 SF
Gross rent
$15.1K $16.80/SF
− Vacancy
−$784 −$0.87/SF
EGI
$14.3K $15.93/SF
− OpEx
−$4.3K −$4.78/SF
NOI
$10.0K $11.15/SF
Area
ZIP 20002
Vacancy
5.20%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$200,220
Cap Rate 7%
$143,014
Cap Rate 9%
$111,233
Alternative Uses
Best Use
Specialty Retail
$330.8K
$289.4K – $385.9K
NOI $23,155 @ 7.0% cap · market cap 771.83%
Second Best
Industrial
$143.0K
$125.1K – $166.9K
NOI $10,011 @ 7.0% cap · market cap 333.70%
Theoretical Best
Office A
$463.6K
$405.7K – $540.9K
NOI $32,455 @ 7.0% cap · market cap 1,081.83%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,432
Businesses Nearby
133k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 56%
Dining 33%
Shops & Services 11%
Safeway
Groceries
43,318 visits/mo
0.4 miles
Aldi
Groceries
31,612 visits/mo
0.5 miles
Chick-fil-A
Dining
27,104 visits/mo
0.4 miles
McDonald's
Dining
15,820 visits/mo
0.3 miles
Shell
Shops & Services
8,457 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
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Washington, DC
Frequently Asked Questions
What type of property is this?
Commercial kitchen - Commercially zoned kitchen space with installed cooking, refrigeration, sink, and baking equipment.
Where is this commercial kitchen located?
The property is located at 409 NE 18Th Street NE Washington, DC.
What are key features of this property?
This property features: 898 SF commercial kitchen space; Installed refrigerators, cooking equipment, metal tables, and multiple sinks; Original Italian‑imported baking machine remains in place
