Tuesday, January 31, 2012

The Shrimp Boat


Courtesey of Marcus & Millichap

For a cool $1.5 million you can purchase the iconic Shrimp Boat


4510 - 4610 E Capitol Street SE - Shrimp Boat
Washington, DC 20019
Property Type:  Retail Sub
Type:  Restaurant
Status:  Existing
Year Built: 1952
Building Size:  3,300 SF
Land Area:  .18 AC (7,902 SF)
For Sale Price:  $1,500,000
Price/SF:  $454.55
Parking:  7 Surface spaces are available; Ratio of 2.1/1,000 SF


INVESTMENT HIGHLIGHTS* 7,900 Square Feet of C3A-Zoned Parcel with 3,300-Square Foot Existing Building
* Intersection Traffic Volume of 55,000 Vehicles per Day
* Signalized Corner, Extreme Visibility
* Across from Benning Road Metro with Foot Traffic of Over 8,000 People per Day
* Established Retail Continuously in Business Since 1944
* Mixed-Use Development Potential of 30,000 Square Feet
* Strong District Support to Increase Density and Decrease Required Parking
* Ideal for High Traffic Retail Location


Sean Ambush
The Washington Realtors
202.438.1800

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