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1114 H St NE
Washington, DC 20002

Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront
Building Size
4,374 SF
Building Class
B
Year Built/Renovated
1973/2014
Tenancy
Single
Building Height
2 Stories
Building FAR
1.26
Lot Size
0.08 AC
Zoning
NC-16
Parking
8 Spaces (5.46 Spaces per 1,000 SF Leased)
Frontage
34 ft on H St

About 1114 H St NE , Washington, DC 20002

The Feldman Group of Marcus & Millichap is pleased to present the exclusive offering of 1114 H Street NE. The property is located on the north side of the street with easy access to the street car, and is adjacent to popular eateries such as &Pizza. 1114 H Street NE represents an excellent opportunity for an investor or developer to acquire a well-maintained building and sizable lot along a strong block on the H Street Corridor that is well-positioned in the path of development. 1114 H St NE was formerly occupied by the Transit Employees Federal Credit Union but will be delivered vacant. The building’s good condition, high ceilings and favorable zoning make it an ideal opportunity for an investor looking to tenant the property or a developer looking to take advantage of the significant unrealized FAR. The building is comprised of mostly one level above-grade along with a mezzanine level and fully rentable sublevel. The site also offers a secured multicar parking lot behind the building and alley access for easy loading and parking. The property is located one and one-half blocks from the H Street Connection shopping center site, which is currently being redeveloped into 44,000-square feet of retail with 420 residential units and 430 parking spaces. The new development is known as the Avec on H-Street. The H Street Corridor is located in the Northeast Quadrant of the District of Columbia. It begins east of Union Station at 2nd Street NE and extends to 15th Street NE, at the intersection of Benning Road, Maryland Avenue, Florida Avenue and Bladensburg Road, also known as the “Starburst Intersection.” This offering is near many multifamily developments and renowned neighborhood establishments, such as: The Apollo, Whole Foods, Cava, Starbucks, Turning Natural, Chic-fil-A, as well as Union Market. The neighborhood is experiencing significant growth. More than 1,200 residential units have recently delivered, or are slated to be delivered by 2019. With its close proximity to Capitol Hill, NoMa, Union Station and Union Market, the H Street Corridor has become one of the more developed and trendy neighborhoods in Northeast Washington, DC.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0981-0126
Land Assessment
$1,679,858
Improvements Assessment
$0
Total Assessment
$1,679,858
  • Listing ID: 14690650

  • Date on Market: 2018-12-21

  • Last Updated:

  • Address: 1114 H St NE, Washington, DC 20002

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