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Property profile & analytics
OFF-MARKET Estimated value $715,000
Turn key restaurants

1318 9th NW St Washington, DC 20001-4208

5,911 SF 0.07 ac lot Built 1900
Individually Owned 1-yr Hold ~ Est. High Equity
Property ID
US16-0027178
Property summary
AI-generated overview

This stunning, newly renovated (2024) three-story commercial condo in Washington, DC (20001) presents a unique investment opportunity. Located at 1318 9th Street NW, this 2,200 square foot space boasts a historic facade with a completely modern interior, ideal for either retail or office use. The property features 25 feet of prime retail frontage on 9th Street, providing excellent visibility and accessibility. Inside, you'll find high ceilings, hardwood floors throughout, and two modern bathrooms. Two glass cube conference rooms offer versatile meeting spaces. The building's Class B designation reflects its high-quality construction and recent renovation. The property is currently vacant, offering immediate occupancy for the new owner. Its prime location places it next to San Lorenzo Italian restaurant and within a block of Sundevich, Chercher, and Maxwell Park, ensuring high foot traffic and a vibrant neighborhood atmosphere. The lease type is NNN. This is a rare chance to acquire a move-in ready commercial space in a highly desirable area of Washington, DC.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1900
Construction TILT-UP CONCRETE
Total area 5,911 SF
Lot 0.07 ac (3,120 SF)
Zoning code MU-4
APN 0367 0058
UPID US16-0027178
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$715k
Owner & transaction history
J Chmelik I Thomas · 1 yrs held
J Chmelik I Thomas
since 2024
6 recorded transactions
2024
Price N/A
2023
Price N/A
2021
$3.0M
2012
$1.7M
2005
$1.5M
1969
Price N/A
Zoning & alternative use
MU-4 · Washington, DC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

/DC, MU 4/DC, MU-5A/DC, MU-6B/DC, MU-8B/DC, MU-9B/DC, AND MU-10/DC 300 PURPOSE AND INTENT 301 PLANNED UNIT DEVELOPMENT 302 MISCELLANEOUS CHAPTER 4 CAPITOL INTEREST AND CAPITOL HILL COMMERCIAL MIXED-USE ZONES - MU-2/CAP, MU-4/CAP, MU-4/CHC, AND MU-4/CAP/CHC 400 PURPOSE AND INTENT 401 DENSITY 402 HEIGHT 403 PENTHOUSE AND ROOFTOP STRUCTURE 404 SPECIAL EXCEPTION…

Zone name Mixed Use
General category MIXED_USE
Zone area 778.69 ac
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