This exceptional Class A retail property, located at 1245 H St NE in Washington, DC's vibrant H Street Corridor, presents a unique opportunity for lease or purchase. The building, totaling 5,306 square feet, is situated on a 2,043 square foot lot and is currently entirely vacant. The space is ideally suited for a restaurant, featuring a meticulously finished interior with high-end details. Its versatile layout allows for flexibility, potentially accommodating two separate restaurant concepts. A significant advantage is the inclusion of two outdoor patio areas, one each on the second and third floors, providing ample space for al fresco dining. The building's location within the bustling H Street Corridor ensures high foot traffic and visibility, making it an attractive proposition for businesses seeking to thrive in one of Northeast Washington, DC's most dynamic neighborhoods. The property is classified as Street Retail within Columbia County, and the building is spread across four floors. This presents a rare chance to acquire a fully built-out restaurant space in a prime location, ready for immediate occupancy. The zip code is 20002.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$1,370,160
Hospitality
$1,255,060
Educational
$1,044,195
Medical
$1,080,106
Retail
$1,624,303
Location Insight
City
Washington
County
District Of Columbia
State
DC
Latitude
38.9
Longitude
-76.9887
CBSA code
47900
CBSA name
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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