2325 18th Street, NW

2325 18th St, NW, Washington, DC

This 2-story, 4,080 square foot iconic retail property is located in the center of the highly-desired Adams Morgan submarket of Washington, D.C. It has a desirable grade-level entrance versus a step-down or step-up entrance. Each floor features 1,840 square feet of prime retail/restaurant space with high ceilings and an exposed 400 square foot mezzanine. The property is also fully vented and has alley access in the rear. Its former tenancy was a well renowned jazz bar in operation for over 25-years. The offering represents a rare opportunity to acquire an iconic retail property ideally positioned in one of Washington, DC’s most vibrant neighborhoods.

Property Highlights.

  • Property is well-known due to long term former tenant of 25-years, highly acclaimed jazz club, Columbia Station
  • Direct access into the property from street, alley access in the rear, open floor plan, high ceilings and 400 square foot mezzanine
  • Large signage availability
  • 4,080 square foot retail/restaurant property
  • Fully operational commercial kitchen
  • 22’ frontage on 18th Street NW, the center of Adams Morgan’s nightlife and restaurant scene
  • Improved second-generation restaurant and lounge interior build out inclusive of large outdoor patio

Demographics & Market Stats.

  • Population of 95,643 within a one-mile radius
  • 7% population growth through 2023 within a one-mile radius
  •  Average household income of $150,000 within a one-mile radius
  • The LINE Hotel delivered 220 rooms in 2017, just a few blocks from offering
  • 30% rental increases in renovated apartment buildings within a one-mile radius
  • 975 units under construction within a one-mile radius
  • Adams Morgan is one of the most sought-after submarkets in Washington, DC
  • An established commercial hub that boasts 100+ retail stores
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