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818 H St NE 3,750 SF 20% Leased Retail Building Washington, DC 20002 $1,200,000 ($320/SF)
Investment Highlights
- Well Suited for a Full- or Partial-User or an Investor with a Tenant in Tow
- 2-Level 4-Bedroom Unit Could be Reconfigured to Create 2 or More Units
- Directly Across from the Avec on H, a 419-Unit Development with 44,000 SF of Retail
- Vacant Mixed-Use Property Featuring 2nd-Generation Restaurant Space
- New TPO Membrane Roof Installed in 2022 | 20-Year Transferable Warranty
Executive Summary
Feldman Ruel is pleased to offer for sale 818 H Street NE, a mixed-use property located along the culturally rich H Street corridor. Delivered vacant, the subject property is well suited for both an investor or user due to its convenient combination of second-generation restaurant space on the street level and two-story, four-bedroom/one-and-one-half-bathroom residential unit above. There is a separate entrance to the upper levels which have historically been operated as a single residential unit but could potentially be renovated into two or more units in order to maximize rental revenue. During such a renovation, additional square footage could be added as well.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,750 SF
Building Class
C
Year Built
1932
Price
$1,200,000
Price Per SF
$320
Percent Leased
20%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.97
Lot Size
0.04 AC
Zoning
NMU-4/H-R - Neighborhood Commercial zone, specifically designated for areas that promote small-scale commercial development serving the needs of the local commun
Frontage
21’ on H St
Amenities
- Restaurant
- Storage Space
Exceptionally walkable
100/100
Moderately drivable
60/100
Exceptional public transit
90/100
Exceptionally bikeable
100/100
Nearby Major Retailers
![[Solidcore]](https://images1.loopnet.com/i2/X1DfwMFhQUJtrEvdN0O4PHppb1UchnIXcAPoILYKKzI/105/image.jpg "[Solidcore]")
Property Taxes
| Parcel Number | 0911-0058 | Improvements Assessment | $315,640 |
| Land Assessment | $379,890 | Total Assessment | $695,530 |
Property Taxes
Parcel Number
0911-0058
Land Assessment
$379,890
Improvements Assessment
$315,640
Total Assessment
$695,530
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818 H St NE
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