818 H StWashington, DC 20002

  • Retail space
  • 4,690 SF
For Sale
$1,750,000 View listing

Property Details for 818 H St

Year built
1932
Construction
BRICK
Lot size
0.04 AC
Property size (Sq ft)
4,690 SF
Zone code
NC-16
Property type
Retail space
APN
0911 0058
APU
9110058

Description

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.

Location Insight

City
Washington
County
District Of Columbia
State
DC
Latitude
38.9005
Longitude
-76.9941
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
$11,486
$372,440
$305,810
$678,250
-
$372,440
$305,810
$678,250

FAQs

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