Listed by Greysteel Company LLC Washington, D.C., Greysteel Company LLC
$900,000
1415 H Street NE
Details
APN 1049-0000-0028
Property Type Mixed Use, Retail
Sub Type Convenience Store, Restaurant
Square Footage 1,600
Net Rentable (SqFt) 1,600
Units 1
Pro-Forma Cap Rate 7.52%
Pro-Forma NOI $67,656
Price per SqFt $563
Year Built 1900
Year Renovated 2008
Buildings 1
Stories 2
Lot Size (SqFt) 1,146
Zoning NMU-7B/H-A
Investment Type Owner/User
Ownership Fee Simple
1,600 SF | Mixed Use | Renovated | Delivered 100% Vacant
Investment highlights
Mixed-use building on the 1400 block of H Street NE – Delivered 100% Vacant.
Suitable for an Owner/User looking to make use of the street frontage for retail and extra space above.
Flexible zoning allows for a range of use combinations such as retail with residential or office above. • Substantial unused density allowing for future redevelopment or expansion.
Opportunity for a value-add investor looking to lease the 1,600 SF of retail space, or convert the upstairs to residential.
Just off the 5-way intersection of H Street, Bladensburg Rd, Benning Rd, and Maryland Ave with strong foot traffic driven by Hechinger Mall and the DC Street Car.
Listing Contacts
Listed by Greysteel Company LLC Washington, D.C., Greysteel Company LLC
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