CHARIS REALTY GROUP

1206 H STREET NE

WASHINGTON, DC 20002

MLS#: DCDC2271968

$1,200,000

Status: Active
Listing number: DCDC2271968
Listing provided by: Compass
Listing agent phone: None
Last update: 2 months ago
On site: 2 months ago
Browse Properties
H STREET CORRIDOR - Commercial Sale

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1930

Sq.Footage

2,000

Welcome to an exceptional opportunity to own a premier commercial property featuring a thriving restaurant in a bustling location. Situated in the heart of H Street Corridor, this property boasts high visibility, heavy foot traffic, and excellent accessibility, making it an ideal investment for seasoned restaurateurs or savvy investors seeking a turnkey business opportunity. The building owner has operated a booming British pub style restaurant and bar, the Queen Vic since 2011. The property, which spans over 2000 sqft over two levels, comes fully equipped with a commercial kitchen with type-2 venting, two large bar areas, two large seating areas, and two outdoor spaces. At $55/ft NNN for this turn-key restaurant, this property would have a cap rate of 7. Do not miss this incredible investment opportunity!

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Heating YN

    YES

  • Heating

    Natural Gas, Central

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Other

  • Parking

    On Street

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.03

  • Lot Size(square feet)

    1,260

  • Property Type

    Commercial Sale

  • Property Sub Type

    Mixed Use

Price

  • Sales Price

    $1,200,000

  • Tax Amount

    $20,205

  • Financing Options

    Cash, Conventional

  • Sq. Footage

    2,000

  • Price/SqFt

    $600

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • New Construction

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    39

  • Water Source

    Public

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Location

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WASHINGTON

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Listing Courtesy of Jennifer S Smira, Compass

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Agent Lucinda Garel-Smith

Salesperson, Realtor

Lucinda Garel-Smith

Call Lucinda today to schedule a private showing.

(240) 739-8702

lucinda@charisrealty.com


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Welcome to an exceptional opportunity to own a premier commercial property featuring a thriving restaurant in a bustling location. Situated in the heart of H Street Corridor, this property boasts high visibility, heavy foot traffic, and excellent accessibility, making it an ideal investment for seasoned restaurateurs or savvy investors seeking a turnkey business opportunity. The building owner has operated a booming British pub style restaurant and bar, the Queen Vic since 2011. The property, which spans over 2000 sqft over two levels, comes fully equipped with a commercial kitchen with type-2 venting, two large bar areas, two large seating areas, and two outdoor spaces. At $55/ft NNN for this turn-key restaurant, this property would have a cap rate of 7. Do not miss this incredible investment opportunity!

1206 H STREET NE

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