Your email has been sent.
1604-1608 Rhode Island Ave NE 1,481 - 4,132 SF of Space Available in Washington, DC 20018
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,651 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 2nd Floor | 1,481 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
This mixed use property has a second generation restaurant with a huge kitchen and walk in refrigerator and freezer on the first floor. Perfect for a restaurant owner who wants to own rather than lease their space! Retail level has two entrances so it can be divided into a carry-out restaurant and separate retail space that can be leased our or it can be seating for a restaurant. The basement level has bathrooms and additional storage for the restaurant. The second floor can be office or residential. It is currently a 5 bedroom apartment which could use some updating. https://www.capitalinvestmentllc.com/
- Fully Built-Out as Standard Retail Space
2nd Floor
- Fully Built-Out as Standard Office
- Mostly Open Floor Plan Layout
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 4,132 SF | Gross Leasable Area | 4,132 SF |
| Property Type | Retail | Year Built | 1940 |
| Property Subtype | Restaurant |
| Total Space Available | 4,132 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 4,132 SF |
| Year Built | 1940 |
ABOUT THE PROPERTY
This mixed use property has a second generation restaurant with a huge kitchen and walk in refrigerator and freezer on the first floor. Perfect for a restaurant owner who wants to own rather than lease their space! Retail level has two entrances so it can be divided into a carry-out restaurant and separate retail space that can be leased our or it can be seating for a restaurant. The basement level has bathrooms and additional storage for the restaurant. The second floor can be office or residential. It is currently a 5 bedroom apartment which could use some updating.
- 24 Hour Access
- Restaurant
- Security System
NEARBY MAJOR RETAILERS
Presented by
1604-1608 Rhode Island Ave NE
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.