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“Rare opportunity to obtain a built out restaurant that grosses $1.5m year after year maintaining a consistent presence and menu.”

Uh oh, looks like a Logan Circle restaurant won’t be around for too much longer. Thanks to Natalie for sending: “what restaurant could this be?

Full Service Restaurant – Logan Circle – $275000

Restaurant on the hard-to-enter 14th Street market. Operating full service restaurant on a strong retail block features 2200 s.f. of interior space and large adjacent patio, possible for either bar or restaurant concept. Full commercial kitchen and all equipment included in the purchase price.

The current offers a casual atmosphere on Washington DC’s hottest restaurant and retail strip. Rare opportunity to obtain a built out restaurant that grosses $1.5m year after year maintaining a consistent presence and menu. Assume the current lease with options ($14,000 per month triple net) or begin a new 10-year lease. NDA required for details.

http://blakedickson.com/properties/112-Restaurant-District-Of-ColumbiaUnited-States-20005-USD275000/”

Ed. Note: The link above at the end of the ad includes a photo of Rice. So all I’m gonna say is – PLEASE DON’T BE RICE PLEASE!!

Update: Folks are telling me “adjacent patio” rules out Rice. Which makes sense. Whew.

Further updates when we learn exactly who it is.

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