1916 MARTIN LUTHER KING JR SE AVENUE, Washington, DC 20020

  • $25,000
1916 MARTIN LUTHER KING JR SE AVENUE, Washington, DC 20020
Closed
1916 MARTIN LUTHER KING JR SE AVENUE, Washington, DC 20020
1916 MARTIN LUTHER KING JR SE AVENUE, Washington, DC 20020
  • $25,000

Overview

Property ID: DCDC2161786
  • Business Opportunity
  • Property Type
  • 690
  • 0.03
  • Lot Acres
  • 1962
  • Year Built

Description

The business opportunity at 1916 Martin Luther King Jr Avenue in Washington, DC, is a well-established carryout restaurant generating a steady monthly revenue of $20,000 to $30,000. This suggests strong local demand and potential for growth, particularly in a high-traffic area. Key details of the business are:

Rent: $4,500 per month, a manageable expense compared to revenue, allowing for healthy margins.
Equipment: The property comes equipped with a full-sized hood and range, essential for preparing a wide variety of cooked meals, increasing the versatility of the menu.
Location: Situated on a busy avenue, the restaurant likely benefits from high visibility and foot traffic, making it ideal for a quick-service or takeout-focused business.
This opportunity may appeal to entrepreneurs looking to enter the food service industry with an established cash flow, or those seeking to expand an existing brand in Washington, DC. With a strong revenue-to-rent ratio and fully-equipped kitchen, it presents a promising foundation for success.

The redevelopment of the Anacostia neighborhood in Washington, DC, has been a transformative process aimed at revitalizing one of the city’s most historic areas. Anacostia, once known for its vibrant history and close-knit community, faced decades of economic stagnation and underinvestment. In recent years, however, there has been a concerted effort to improve infrastructure, housing, commercial spaces, and public services in the area, bringing new opportunities and challenges to the community.

  • Address 1916 MARTIN LUTHER KING JR SE AVENUE
  • City Washington
  • State/county DC
  • Zip/Postal Code 20020
  • Country US

Details

Updated on November 19, 2024 at 10:22 pm
  • Property ID: DCDC2161786
  • Price: $25,000
  • Property Size: 690
  • Land Area: 0.03 Acres
  • Garage Size: x x
  • Year Built: 1962
  • Property Type: Business Opportunity
  • Property Status: Closed

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**Property Disclaimer** The information we provide about this property is believed to be accurate to the best of our knowledge; however, it may change without notice. We are not liable for any mistakes, errors, or omissions in the information presented. We strongly recommend that you conduct your own research and verify all details independently to ensure accuracy. Your diligence in seeking correct information is essential before making any decisions. " Homes Trade Hub "

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