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    1239 Mt Olivet NE Rd Washington, DC 20002-7802
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    Property profile & analytics

    1239 Mt Olivet NE Rd, Washington, DC 20002-7802

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    • Turn key restaurants
    • 928 SF
    • 0.16 lot acres
    Off-Market
    Property ID
    US16-0100711
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

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    Current Use by Public Records

    • Turn key restaurants

    Property Details for 1239 Mt Olivet NE Rd

    Year built
    1961
    Construction
    BRICK
    Lot size
    0.16 lot acres
    Zone code
    MU-4
    Property type
    Turn key restaurants
    APN
    4052 0845
    APU
    40520845

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    May 21, 2018 — 1237-1239 Mt Olivet Road Ne Ll — Deed · related $377k · National Cap Bk/wa
    Mar 1, 2018 — 1237-1239 Mt Olivet Road Ne Ll — Loan Modification · related $2.1M · Eagle Bk
    May 17, 2016 $2,300,000 1237-1239 Mt Olivet Road Ne Ll Kogok Joseph Trust Grant Deed $1.8M · Eagle Bk
    — — 1237-1239 Mt Olivet Road Ne Ll — Deed Of Trust · related $377k · National Cap Bk/wa

    Description

    This 1,400 square foot free-standing restaurant building is available for lease in the vibrant Ivy City submarket. Boasting an unusually large parking lot with 20 spaces, this property sits on a 6,900 square foot lot and is zoned MU-4. Recently renovated, the building features a fully equipped commercial kitchen including a 10-foot hood, an extra-large walk-in cooler, a dedicated prep area, and ample indoor seating. The distinctive design and prominent signage opportunities make this an ideal location for a variety of concepts, from diners and barbecue joints to fast-casual restaurants, beer gardens, or delivery-focused operations. The building's location offers excellent visibility and accessibility, situated just blocks from the burgeoning Ivy City neighborhood, home to popular establishments like MOM's Organic Market and Atlas Brew Works. Its proximity to major roadways such as West Virginia Avenue and Bladensburg Road ensures easy access for customers and delivery services. Furthermore, its close proximity to the rapidly developing H Street corridor provides a strategic advantage for businesses seeking a high-traffic location. The monthly rent is $5,000 plus taxes.


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    Location Insight

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    • Local Demand
    City
    Washington
    County
    District Of Columbia
    State
    DC
    Longitude
    -76.9838
    Latitude
    38.9095
    CBSA code
    47900
    CBSA name
    WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $10,228
    $512,310
    $112,560
    $624,870
    -
    $512,310
    $112,560
    $624,870
    More about this property
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