Turnkey British Pub
1206 H Street Northeast Washington, DC 20002
1206 H Street Northeast, Washington, DC, 20002
Contact for pricing
For Sale
Contact for pricing
Turnkey restaurant and bar with commercial kitchen, two bar areas, two seating areas, and two outdoor spaces.
Property Size2,000 SF
Price / SF$600
Days on Market16
Property Features for 1206 H Street Northeast
General Information
- Standard status
- Active
- Size
- 2,000 SF
- Property subtype
- Retail, Mixed Use, Business for Sale
Listing agency
Compass - Washington
Listed by
Jenn Smira & Co. · License #DC SP600505
Source
Crexi
Added: Jul 6 Updated: Jul 21 at 4:50AM Checked: Jul 21 at 4:50AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass - Washington
Investment Insights
Based on property information with market context.
This turnkey restaurant and bar is presented as the Queen Vic, a British pub style concept operated by the building owner since 2011. The property includes a commercial kitchen with type-2 venting and is laid out over two levels with two large bar areas and two large seating areas. Two outdoor spaces are also included.
Located in the H Street Corridor at 1206 H Street Northeast, the property is described as offering high visibility, heavy foot traffic, and excellent accessibility.
The offering is structured for an operator looking for a ready-to-run setup, with the core foodservice and dining components already in place throughout the two-level configuration.
Located in the H Street Corridor at 1206 H Street Northeast, the property is described as offering high visibility, heavy foot traffic, and excellent accessibility.
The offering is structured for an operator looking for a ready-to-run setup, with the core foodservice and dining components already in place throughout the two-level configuration.
Key Highlights
- Commercial restaurant and bar in the H Street Corridor
- Over 2,000 sqft across two levels
- British pub‑style restaurant and bar operated by the current building owner since 2011
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $72.0k | $36.00 |
| − Vacancy | −$3.2k | −$1.62 |
| EGI | $68.8k | $34.38 |
| − OpEx | −$17.2k | −$8.59 |
| NOI | $51.6k | $25.78 |
2,000 SF · lease $36.00/SF/yr · vacancy 4.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$736.7K
$644.6K – $859.5K
NOI $51,570 @ 7.0% cap · market cap 4.30%
Second Best
Industrial
$318.5K
$278.7K – $371.6K
NOI $22,297 @ 7.0% cap · market cap 1.86%
Theoretical Best
Office A
$1.03M
$903.5K – $1.20M
NOI $72,282 @ 7.0% cap · market cap 6.02%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
The Queen Vic
Nightclub
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Turnkey restaurant and bar with commercial kitchen, two bar areas, two seating areas, and two outdoor spaces.
Where is this conventional restaurant located?
The property is located at 1206 H Street Northeast Washington, DC.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Commercial restaurant and bar in the H Street Corridor; Over 2,000 sqft across two levels; British pub‑style restaurant and bar operated by the current building owner since 2011
