822 H StWashington, DC 20002
- Retail properties
- 2,810 SF
Property Details for 822 H St
- Year built
- 1900
- Construction
- BRICK
- Lot size
- 0.04 AC
- Property size (Sq ft)
- 2,810 SF
- Zone code
- NC-16
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 0911 0011
- APU
- 9110011
Description
This exceptional 1,500 square foot commercial property at 822 H St NE in Washington, DC's vibrant H Street Corridor presents a unique opportunity for a restaurant or retail business. Currently configured as a fully equipped restaurant, the space boasts a substantial 1,500 square feet of usable area, all of which is currently vacant and ready for immediate occupancy. The property is located in Columbia County within the District of Columbia, offering excellent visibility and accessibility. The space includes a significant advantage: a sizable outdoor patio capable of seating 40 patrons, complementing the 16 indoor seats. This combination of indoor and outdoor seating provides ample capacity for customers. The property's location within the bustling H Street Corridor ensures high foot traffic and exposure to a diverse clientele, making it an ideal location for businesses seeking a thriving environment. The single-tenant occupancy allows for complete control and customization of the space to suit the specific needs of the new tenant. This is a rare opportunity to establish a presence in one of Northeast Washington, DC's most dynamic and sought-after neighborhoods. The property's zip code is 20002.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,067,498
- 6.5%
- $985,382
- 7%
- $914,998
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,182,631
- Geo Method
- $1,182,631
-
Alternative Use
- Use
- Valuation
- Residential
- $831,207
- Hospitality
- $761,381
- Educational
- $633,460
- Medical
- $655,246
- Retail
- $985,382
Location Insight
- City
- Washington
- County
- District Of Columbia
- State
- DC
- Latitude
- 38.9005
- Longitude
- -76.9939
- CBSA code
- 47900
- CBSA name
- WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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