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The Curse Continues – Chao Ku Listed for Sale

by Prince Of Petworth January 9, 2017 at 10:10 am 25 Comments

chao-ku
1414 9th Street, NW

Welp, if you doubted the curse of 1414 9th Street before…this is the former home to Vegetate, Cafe Eagle, Taqueria Mexicana, Eagle (again), Northern Restaurant and Secret Lounge and Sports Bar. And now it looks like we’ll soon add Chao Ku who only opened after extensive fundraising and renovations back in June. The restaurant is listed for sale for $350,000:

“Newly built out restaurant in hot Shaw market with cheap rent and outdoor seating opportunity.

Real Estate: Leased
Building Sq. Ft.: 2,542
Lease Expiration: 8/15/2026
Facilities: Brand new build out. All equipment in excellent condition
Competition: This built out restaurant is located in the heart of the District’s Shaw neighborhood.
Growth & Expansion: The restaurant can be easily converted to various concepts. There is a large outdoor patio opportunity.
Financing: Possibly
Reason for Selling: Focus on other ventures
Business Website: http://www.chaokudc.com/”

Stay tuned…

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