REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Nisha Kaur • NK Real Estate Group, LLC
$ 498,000
Est. payment | /mo
2,281 Sqft Lot
$ 498,000
Est. payment | /mo
2,281 Sqft Lot
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID DCDC2229236
Year Built 1922
Annual Tax Amount $13,167
Tax Year 2025
Lot Size 2,281 Sqft
Acres 0.05
Property Sub-Type Retail
Source BRIGHT
Property Description
Liquor licenses since 1960 – 7-day license,9:00 AM to 12:00 Midnight
$350,000
$1,400,000
$5,200 per Month (Rent)
Financial Overview – Last 3 Years
2024: $1,126,180 in sales with a 30% profit margin, estimated take-home approximately $340K
2023: $1,421,404 in sales with a 30% profit margin, estimated take-home approximately $426K
2022: $2,325,612 in sales with a 20% profit margin, estimated take-home approximately $465K
3-Year Average Sales: $1.624M
The business is available for purchase at $498K. Please note that inventory, currently valued between $200K–$300K, is not included in the sale.
Operations & Expenses
Average Monthly Sales: $150K
Rent: $4,000/month plus NNN $1,000 (Total $5,200/month)
Utilities: Approximately $1,000/month
Payroll: $8,000/month for 2 full-time and 1 part-time staff
Business Highlights
Over 10 years in operation
Very busy and well-established liquor store
5-star customer reviews
Low rent in a prime location
2-level building: 1,500 sq ft main level and 1,500 sq ft basement
Turnkey business with experienced staff
Well-maintained fixtures and refrigeration units
Opportunity for growth and expansion
$350,000
$1,400,000
$5,200 per Month (Rent)
Financial Overview – Last 3 Years
2024: $1,126,180 in sales with a 30% profit margin, estimated take-home approximately $340K
2023: $1,421,404 in sales with a 30% profit margin, estimated take-home approximately $426K
2022: $2,325,612 in sales with a 20% profit margin, estimated take-home approximately $465K
3-Year Average Sales: $1.624M
The business is available for purchase at $498K. Please note that inventory, currently valued between $200K–$300K, is not included in the sale.
Operations & Expenses
Average Monthly Sales: $150K
Rent: $4,000/month plus NNN $1,000 (Total $5,200/month)
Utilities: Approximately $1,000/month
Payroll: $8,000/month for 2 full-time and 1 part-time staff
Business Highlights
Over 10 years in operation
Very busy and well-established liquor store
5-star customer reviews
Low rent in a prime location
2-level building: 1,500 sq ft main level and 1,500 sq ft basement
Turnkey business with experienced staff
Well-maintained fixtures and refrigeration units
Opportunity for growth and expansion
Location
State DC
County Washington
Zoning MU4
Interior
Hot Water Other
Heating Other
Heat Source Other
Exterior
Water Access N
Accessibility Other
Garage N
Building
Sewer Other
Water Other
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Tax ID 3001//0061
Ownership Leasehold
Special Listing Condition Standard
GET MORE INFORMATION
Marilyn H. Emery
REALTOR® | Lic# 609654- MD/ SP98368771 - DC