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    1280 Un St NE Washington, DC

    For Lease
    Contact for pricing

    Trendy retail/restaurant space in a rapidly growing DC neighborhood.

    Property size:
    3,834 SF
    Lot size:
    0.82 Acres

    Property Features for 1280 Un St NE

    General Information

    Size
    3,834 SF
    Lot size
    0.82 Acres

    Source: H&R Retail - Washington, DC Agent Bradley Buslik

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Union Market Retail/Restaurant Space

    Located in the Union Market District, this retail or restaurant space offers 6,286 square feet. The space can be divided into 2,597-square-foot and 3,688-square-foot units. Ceiling heights range from 15 feet 10 inches to 17 feet 4 inches. The retail space is located beneath The Margarite, a luxury residential building that opened in 2023 and contains 260 apartment units. There are 31 hourly retail parking spots available in the parking garage via ParkMobile. The property is a 7-minute walk to the NoMa-Gallaudet Metro station on the Red Line. The Union Market District is experiencing rapid growth, with 4,500 new residential units added within a 0.25-mile radius and an additional 2,900 units planned. The neighborhood attracts over 3.5 million visitors annually, making it a popular destination for residents and tourists.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Washington
    County
    District of Columbia
    State
    DC
    Longitude
    -77.0058123
    Latitude
    38.9068429

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    FAQs

    What type of property is this?
    Retail space - Trendy retail/restaurant space in a rapidly growing DC neighborhood.
    Where is this retail space located?
    The property is located at 1280 Un St NE Washington, DC.
    What are key features of this property?
    This property features: - High-traffic location in the trendy Union Market District with over 3.5 million visitors annually.; - Located below 260 luxury apartment units in The Margarite building.; - Divisible retail/restaurant space (6,286 SF) offering flexible configurations (2,597 SF and 3,688 SF).
    (240) 482-3609
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1280 Un St NE Washington, DC
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