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1206 H St NE

2,000 SF Retail Building Washington, DC 20002 $2,000,528 CAD ($1,000 CAD/SF) 8% Cap Rate

Restaurants District of Columbia Washington 1206 H St NE, Washington, DC 20002

Executive Summary

Welcome to an exceptional opportunity to own a premier commercial property featuring a thriving restaurant in a bustling location. Situated in the heart of H Street Corridor, this property boasts high visibility, heavy foot traffic, and excellent accessibility, making it an ideal investment for seasoned restaurateurs or savvy investors seeking a turnkey business opportunity. The building owner has operated a booming British pub style restaurant and bar, the Queen Vic since 2011. The property, which spans over 2000 sqft over two levels, comes fully equipped with a commercial kitchen with type-2 venting, two large bar areas, two large seating areas, and two outdoor spaces. At $55/ft NNN for this turn-key restaurant, this property would have a cap rate of 7. Do not miss this incredible investment opportunity!

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,000 SF
Building Class
C
Year Built
1930
Price
$2,000,528 CAD
Price Per SF
$1,000 CAD
Cap Rate
8%
NOI
$160,114 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
1.53
Lot Size
0.03 AC
Zoning
NC-14 - Neighborhood Mixed-Use
Frontage
17 ft on H St

Amenities

  • Air Conditioning
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Walk Score ®
Walker's Paradise (94)
Transit Score ®
Excellent Transit (73)
Bike Score ®
Biker's Paradise (90)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Cross Fit DC
Bank of America
PNC Bank
Safeway
America's Best Wings
Chase Bank
Starbucks
Truist
[Solidcore]
Whole Foods

PROPERTY TAXES

Parcel Number 1003-0039 Improvements Assessment $1,401,434 CAD
Land Assessment $362,992 CAD Total Assessment $1,764,425 CAD

PROPERTY TAXES

Parcel Number
1003-0039
Land Assessment
$362,992 CAD
Improvements Assessment
$1,401,434 CAD
Total Assessment
$1,764,425 CAD
(202) 280-2060

Contacts

  • Listing ID: 31978525

  • Date on Market: 2024-05-31

  • Last Updated:

  • Address: 1206 H St NE, Washington, DC 20002

The Retail Property at 1206 H St NE, Washington, DC 20002 is currently available for sale. Contact Compass Real Estate for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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1206 H St NE
(202) 280-2060 x

1206 H St NE

1/2

Jenn Smira

(202) 280-2060

(202) 280-2060

Kaushik Rath

(917) 678-1307

(917) 678-1307

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