Bloomingdale Restaurant for Sale


Washington D.C.
20001

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Property Description

RESTAURANT FOR SALE

The Neighborhood

Located in one of the most sought after markets of the city, the Bloomingdale / Noma neighborhood is on target to soon become one of the most densely populated sections of DC.  The area features a concentration of high-income apartment residents and offices, near DC’s transportation hub, with nearby Union Station receiving 40 million visitors per year. Bloomingdale is recognized as a trendy neighborhood with nationally recognized restaurants such as Red Hen and local draws like Big Bear Cafe and Boundary Stone, with multiple large scale developments underway.

The Opportunity

An ongoing restaurant with full kitchen, separate bar, sidewalk patio, outdoor walk-in, and CR liquor license, available for purchase.  Excellent opportunity to get into an operating restaurant in a neighborhood with rising incomes and populations while rents are still low.  All equipment and POS included in the purchase price (no real estate included).  Assume the remainder of the 8 year lease or negotiate a new 10 year lease with landlord.  Walkable to Metro.

Price:  $169,000

Lease:  $4500 / month (including pass-through charges)

Term: 8 years remaining, with option to begin a new 10-year term

Size:  2300 s.f., plus potential for outdoor patio

Basic Details
Building Type : RetailSold/Leased
Price : $169,000
Size : 2,300 Sqft
BUSINESS : Yes
Address Map
Postal Code : 20001
Floor Number : 0
Neighborhood
Neighborhood
Retail Sold/Leased
  • Size : 2,300 Sqft
$169,000
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