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1206 H Street NE Washington, DC $ 1,595,000
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1206 H Street NE
$ 1,595,000
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1206 H Street NE

Washington, DC, 20002
$ 1,595,000
Baths0.0 Sq 2,000

Monthly Estimate*

$ 10,601

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Studio

Commercial Property for sale in Washington, DC

for $1,595,000. This 2,000 square foot building was built in 1930 on a lot size of 0.03.

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!

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Commercial Active

Price

$ 1,595,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 13,588

Style

Restaurant/Bar

Lot Size

0.03

Year Built

1930

Town/City

Washington

County/Region

District of Columbia

MLS | Web ID

DCDC2142896
Features
Interior
Heating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Y
Central Air Y/N Y
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General
Sewer Public Sewer
Heating Central
Cooling Central A/C
Possession Negotiable
Zoning NMU-4/H-A
Construction Materials Other
Year Built 1930
Property SubType Retail
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel Electric
Business Type Restaurant/Bar
Accessibility None
County WASHINGTON
New Construction N
Property Type Commercial Sale
Subdivision Name H STREET CORRIDOR
Water Access Y/N N
Status ACTIVE
Directions Head South on 12th St NE and then East on H St NE.
City WASHINGTON
NumberOfUnitsTotal 0
Lot Size Units Square Feet
Lot Size Square Feet 1260.00
Waterfront Y/N N
Tax Annual Amount 13588.0
Price Per Sq Ft Total AG 791.17
Vacation Rental Y/N N
Days on Market 100
Standard Status Active
Year Built Source Assessor
Legal Subdivision Old City 1
Tax Lot 39
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Exterior
Water Source Public
Type of Parking On Street
Water View Y/N N
Building Area Total 2016.00
Lot Size Acres 0.03
Lot Size Source Assessor
Soil Types Urban Land Not Rated
Land Assessed Value 246990.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 1206
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* Excluded Features
List By
Compass

Broker

jsmira@compass.com

Email

Affordability Calculator

$11,733
Per Month
90%
10%
0%
Monthly Principal & Interest
$10,601
Monthly Property Taxes
$1,132
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/31/2024$1,595,000 Listed Price

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1206 H Street NE, Washington, DC, 20002 is a Commercial Property for sale at $1,595,000 with 2,000 sqft and a lot size of 0.03. 1206 H Street NE is a studio with 0.0 baths and was built in 1930. The property's zip code is 20002 which is in Washington, DC

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