501 H StWashington, DC 20002

  • Commercial real estate
  • 23,951 SF
For Lease

Property Details for 501 H St

Year built
2018
Construction
TILT-UP CONCRETE
Lot size
0.10 AC
Property size (Sq ft)
23,951 SF
Property type
Commercial real estate
APN
0833 2008
APU
8332008

Description

This exceptional retail opportunity is located in a vibrant mixed-use development at the highly visible corner of H Street NE and 5th Street NE in Washington, DC. The property, built in 2017, is zoned NC-9 and offers two available retail spaces ranging from 605 square feet to 3,171 square feet. One space, currently occupied by CorePower Yoga (Do Not Disturb), comprises 3,776 square feet and benefits from street-level access along H Street NE. The building itself boasts a total of over 22,000 square feet of office space and 28 residential units, creating a dynamic and densely populated environment. This ensures a high volume of foot traffic and potential customers for your business. The location is particularly attractive due to the high average household income exceeding $200,000 within a 10-minute walk of the property. This signifies a strong and affluent customer base. The property offers two levels of retail space, providing flexibility for various business needs and layouts. This is a rare opportunity to establish a presence in a thriving Washington, DC submarket with exceptional demographics and visibility. The property's location at a well-lit intersection ensures maximum exposure and accessibility.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $4,697,702
    Hospitality
    $4,303,070
    Educational
    $3,580,103
    Medical
    $3,703,228
    Retail
    $5,569,050
501 H St, Washington, District of Columbia
Leaflet | © OpenStreetMap contributors

Location Insight

City
Washington
County
District Of Columbia
State
DC
Latitude
38.9398
Longitude
-76.9799
CBSA code
47900
CBSA name
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$185,290
$3,448,170
$6,314,080
$9,762,250
-
$3,448,170
$6,314,080
$9,762,250

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at support@paperhouses.co and they will add the team member.
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How can I contact the broker?
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