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507 H Street NwWashington, DC 20001MLS Number DCDC2101726

  • Sale Price: $2,450,000
  • 340 Days Since Sale
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Federal 30-year interest rate: 6.35% last updated on Sep 5, 2024
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507 H Street Nw Washington DC 20001
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  • 0.04Acreage
  • 1890Year Built
  • 937Price Per Square Foot
  • 2022Assessment Year
There is a four-level commercial building with a restaurant in downtown NW Washington DC. Turnkey business. Rare investment opportunity with future add-value opportunity, walking distance to Gallery Place Chinatown Metro and Verizon Center, Across the street from Fairfield Inn and Suites by Marriott, a Rapidly growing area with huge economic value.
Listed by William Wu, Samson Properties

Listing Sold by Demers Real Estate, Inc.

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Yeonas & Shafran Real Estate, LLC
Yeonas & Shafran Real Estate, LLC
Office: 703-790-3330
1309 Vincent Pl
McLean, VA 22101

More Info

Location Information

  • UsmAreaWashington

Parking

  • Parking TypesOn Street

Basic Information

  • Date Listed06/24/2023

Location

  • Address507 H Street Nw
  • Building Number507
  • CountyWashington
  • DirectionsUS-50 E toward Constitution Ave NW, left on 6th St NW, right on H St NW
  • StateDC
  • TownWashington
  • Zip20001

Other

  • BuyerfinancingConventional
  • Cap Rate4
  • Soil TypesUnknown
  • View Count3

Basic Information

  • Broker NameSamson Properties
  • List Price$2,750,000
  • MLS NumberDCDC2101726
  • MLS Property TypeCommercial Sale
  • Price Per Square Foot937
  • Sale Date10/03/2023
  • Sale Price$2,450,000
  • StatusSLD

Property

  • Acreage0.04
  • Business TypeRestaurant/Bar
  • Lot Size SourceAssessor
  • Lot Size Square Feet1,600
  • New Construction YNN
  • Property SubTypeMixed Use
  • Zoning67

Tax Information

  • Assessment Year2022
  • Tax Assessment Amount$1,590,850
  • Tax Year2022
  • Taxes$26,036
  • Total Taxes Payment FrequencyAnnually

Building

  • Building Area SourceAssessor
  • Building Area Total2936
  • Construction MaterialsBrick
  • Year Built1890

Utilities

  • Central Air YNYes
  • CoolingCentral A/C
  • Cooling FuelElectric
  • Heat SystemHeat Pump(s)
  • Heating FuelNatural Gas
  • Heating YNYes
  • SewerPublic Sewer
  • Water HeaterNatural Gas
  • Water SourcePublic

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Copyright 2024 BRIGHT, All Rights Reserved.  Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Yeonas & Shafran Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated September 7, 2024. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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