818 H St Washington, DC 20002

This exceptional mixed-use property at 818 H Street NE, Washington, DC 20002, presents a unique investment opportunity. The 4,690 square foot building, constructed in 1932, boasts a vibrant street-level commercial space ideal for a restaurant or bar, previously operating as a second-generation restaurant. The building features two levels of residential space above, currently configured as a four-bedroom, one-and-a-half-bathroom unit, but with the potential for conversion into multiple units to increase rental income. The property sits on a 1,900 square foot lot and is zoned NMU-4/H-R. A new TPO membrane roof, installed in 2022, comes with a 20-year transferable warranty. The building's central location along the H Street corridor, a major commercial thoroughfare, offers excellent visibility and accessibility. Its proximity to the recently completed Avec on H, a large mixed-use development, further enhances its appeal. The asking price is $1,750,000, translating to $373.13 per square foot. This vacant property is well-suited for both owner-operators and investors seeking a strong return on investment in a thriving urban environment. The property is delivered vacant, allowing for immediate occupancy and customization to suit the buyer's needs. The building consists of one three-story structure with two units. This presents a rare opportunity to acquire a well-located, versatile property in a rapidly developing area of Washington, D.C.