DC > Washington > H Street Corridor
Washington, DC 20002,1206 H ST NE
Washington, DC 20002,1206 H ST NE
Washington, DC 20002,1206 H ST NE
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Simone Velvel

Simone Velvel

+1(703) 507-7614
$1,395,000
Est. payment /mo
2,016 SqFt
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UPDATED:

09/30/2024 03:48 PM

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 2,016 sqft

Price per Sqft $691

Subdivision H Street Corridor

MLS Listing ID DCDC2142896

Originating Board BRIGHT

Year Built 1930

Annual Tax Amount $13,588

Tax Year 2022

Lot Size 1,260 Sqft

Acres 0.03

Property Description

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!

Location

State DC

County Washington

Zoning NMU-4/H-A

Interior

Hot Water Natural Gas

Heating Central

Cooling Central A/C

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Tax ID 1003//0039

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Jennifer S Smira • Compass
agent-avatar

"Simone's passion for real estate and her love for "The DMV" are a perfect match. She has made it her mission to help local residents sell their homes quickly and at the best possible prices. Equally, she takes immense pride in assisting homebuyers in finding their perfect piece of paradise in DC, Maryland and Virginia. "

+1(703) 507-7614

simone@thevelvelgroup.com

11003 Glueck Lane, Kensington, Maryland, 20895, USA

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1206 H ST NE

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