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1203 U St NW 2,360 SF 50% Leased Retail Building Washington, DC 20009 $1,575,000 ($667.37/SF) 6.40% Cap Rate
Investment Highlights
- Located near public transportation.
Executive Summary
"Invest in the heart of Washington, D.C. with this historic 2,360 SF building. Built in 1900 and renovated in 2018, the property offers a prime opportunity for mixed-use investment. Zoned ARTS-4, this location provides a versatile space for commercial ventures. Embrace the character and charm of this vibrant area while making a sound investment in a sought-after location."
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,360 SF
Building Class
C
Year Built/Renovated
1900/2018
Price
$1,575,000
Price Per SF
$667.37
Cap Rate
6.40%
NOI
$100,877
Percent Leased
50%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.71
Lot Size
0.02 AC
Zoning
ARTS-4 - Arts Districts or Arts Overlay Zones to foster creative industries and cultural amenities.
Frontage
13’ on U St NW
Amenities
- 24 Hour Access
- Signage
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Retail space available for lease within a multi-family building.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 1,180 SF | Retail | - | Now |
1st Floor
| Size |
| 1,180 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 1,180 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Retail space available for lease within a multi-family building.
Exceptionally walkable
100/100
Fairly drivable
50/100
Exceptional public transit
100/100
Exceptionally bikeable
90/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0273-0029 | Improvements Assessment | $499,770 |
| Land Assessment | $380,360 | Total Assessment | $880,130 |
Property Taxes
Parcel Number
0273-0029
Land Assessment
$380,360
Improvements Assessment
$499,770
Total Assessment
$880,130
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1203 U St NW
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