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1206 H Street NeWashington, DC 20002MLS Number DCDC2142896

  • Price: $1,595,000
  • 16 Days on Market
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Federal 30-year interest rate: 6.95% last updated on Jun 13, 2024
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1206 H Street Ne Washington DC 200021206 H Street Ne Washington DC 200021206 H Street Ne Washington DC 200021206 H Street Ne Washington DC 200021206 H Street Ne Washington DC 200021206 H Street Ne Washington DC 200021206 H Street Ne Washington DC 200021206 H Street Ne Washington DC 200021206 H Street Ne Washington DC 200021206 H Street Ne Washington DC 200021206 H Street Ne Washington DC 200021206 H Street Ne Washington DC 200021206 H Street Ne Washington DC 200021206 H Street Ne Washington DC 200021206 H Street Ne Washington DC 20002
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  • 0.03Acreage
  • 1930Year Built
  • 791Price Per Square Foot
  • 2022Assessment Year
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!
Listed by Jennifer S Smira, Compass

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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 Listed05/31/2024

Location

  • Address1206 H Street Ne
  • Building Number1206
  • CountyWashington
  • DirectionsHead South on 12th St NE and then East on H St NE.
  • In City Limits YNYes
  • StateDC
  • SubdivisionH Street Corridor
  • TownWashington
  • Zip20002

Other

  • Soil TypesUrban Land Not Rated

Basic Information

  • Broker NameCompass
  • List Price$1,595,000
  • MLS NumberDCDC2142896
  • MLS Property TypeCommercial Sale
  • Price Per Square Foot791
  • StatusACT

Building

  • Building Area SourceAssessor
  • Building Area Total2016
  • Construction MaterialsOther
  • Year Built1930

Utilities

  • Central Air YNYes
  • CoolingCentral A/C
  • Cooling FuelElectric
  • Heat SystemCentral
  • Heating FuelNatural Gas
  • Heating YNYes
  • SewerPublic Sewer
  • Water HeaterNatural Gas
  • Water SourcePublic

Tax Information

  • Assessment Year2022
  • City Town Tax$13,588
  • City Town Tax Payment FrequencyAnnually
  • County Tax Payment FrequencyAnnually
  • Tax Assessment Amount$774,000
  • Tax Lot39
  • Tax Year2022
  • Taxes$13,588
  • Total Taxes Payment FrequencyAnnually

Property

  • Acreage0.03
  • Business TypeRestaurant/Bar
  • Lot Size SourceAssessor
  • Lot Size Square Feet1,260
  • New Construction YNN
  • Property SubTypeRetail
  • ZoningNMU-4/H-A

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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 June 16, 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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