1721 Columbia Road NW

Highlights

The KLNB Urban sales team is thrilled to present an exceptional investment opportunity:
the fee simple interest in 1721 Columbia Road NW, located on highly trafficked Columbia
Road, just a couple blocks from the 18th St retail corridor, in the heart of Adams Morgan.

1721 Columbia Road is a three-level 2,431 SF retail building that sits on a 1,618 SF lot that
is zoned MU-5A providing by-right FAR of 3.50. The property is currently tenanted by
El Miguelino Bar and Grill, a Salvadorian restaurant specializing in papusas. Currently on
a month-to-month lease, a new owner has flexibility to retain the tenant or execute
a re-tenanting plan, and the second generation restaurant provides an exciting
opportunity for an owner/operator to open a new location.

Located in the established Adams Morgan neighborhood, 1721 Columbia Road is in the
middle of a vibrant commercial node in a densely populated neighborhood, with over
10,000 residents within a quarter mile radius of the property. Average household
incomes are $171,000 with annual projected growth of 2.53% through 2029, which
indicate steady economic growth into the future.