Add Listing
    For Lease
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    409 H St NE Washington, DC 20002

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $7,500 /Mo

    Mixed-use property with retail and residential space near Union Station.

    Type:Commercial
    Added:
    Apr 24, 2026
    Days on Market:
    8
    Last Refresh:
    Apr 24 at 3:33 pm

    Property Features for 409 H St NE

    General Information

    Standard status
    Active
    Property subtype
    Commercial

    Building Details

    Year Built
    1880

    We can help!

    Listing Contact
    William Wu
    William Wu

    Listing agent William Wu License #0225086641

    Listing office Samson Properties

    Listing date Apr 24, 2026

    Source Elliman

    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 Samson Properties

    Overview

    H Street Mixed-Use Property

    Located on the west end of H Street NE, this mixed-use property is situated just three blocks from Union Station. The property features a commercial retail space on the main level. The upper level contains a two-bedroom, one-bath apartment. The location is considered a biker's paradise with a bike score of 97. The walk score is 90, indicating it is very walkable, and the transit score is 79, reflecting excellent transit options.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Washington
    County
    District of Columbia
    State
    District of Columbia
    Longitude
    -77.0001415
    Latitude
    38.9000095

    Nearby Similar for Lease

    • $5,500/Mo

      Georgia Avenue Commercial Sublease Opportunity

      Flexible mixed-use spaces available in Northwest DC.
      7530 GEORGIA Avenue NW, WASHINGTON, DC 20012
      View Details
    • $2,900/Mo

      Georgia Avenue Commercial Sublease

      Flexible commercial spaces available in Northwest DC's Uptown corridor.
      7530 GEORGIA Avenue NW, WASHINGTON, DC 20012
      View Details
    • $1,000/Mo

      Capitol Hill Office Sublease

      Furnished office spaces for lease in prime Capitol Hill location.
      660 PENNSYLVANIA Avenue SE, WASHINGTON, DC 20003
      View Details
    • $2,400/Mo

      U Street Corridor Office Space

      Finished office space in prime U Street Corridor location.
      635 FLORIDA Avenue NW, WASHINGTON, DC 20001
      View Details
    • $3,000/Mo

      Prime Corner Commercial Space

      High-visibility commercial space in Capitol Hill East, Washington, DC.
      1453 PENNSYLVANIA Avenue SE, WASHINGTON, DC 20003
      View Details
    • $2,400/Mo

      U Street Corridor Office Space

      Finished office space in prime U Street Corridor location.
      635 FLORIDA Avenue NW, WASHINGTON, DC 20001
      View Details
    • $4,000/Mo

      Retail/Office Space in Anacostia

      Retail or office space in a historic, bustling neighborhood.
      1243 GOOD HOPE Road SE, WASHINGTON, DC 20020
      View Details
    • $4,200/Mo

      Commercial Unit in Capitol Hill

      750 SF commercial unit in a vibrant location.
      521 H Street NE, WASHINGTON, DC 20002
      View Details
    • $7,500/Mo

      H Street Retail & Storage

      Retail space with storage in Capitol Hill/Near Northeast corridor.
      521 H Street NE, WASHINGTON, DC 20002
      View Details
    • $2,800/Mo

      H Street Retail Space Available

      Second floor retail space in a bustling Washington, DC neighborhood.
      1102 H Street NE, WASHINGTON, DC 20002
      View Details
    • $5,800/Mo

      Prime Retail Space Near Metro

      Two-level retail space near national retailers and metro.
      405 RHODE ISLAND Avenue NE, WASHINGTON, DC 20002
      View Details
    • $31 SF/Yr

      Prime Corner Commercial Space Available

      High-visibility commercial space in Capitol Hill East.
      1453 PENNSYLVANIA Avenue SE, WASHINGTON, DC 20003
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with retail and residential space near Union Station.
    Where is this mixed-use property located?
    The property is located at 409 H St NE Washington, DC.
    What is the lease rate?
    The lease rate is $7,500 /Mo.
    What are key features of this property?
    This property features: Prime Location: West end of H Street NE, just 3 blocks from Union Station.; Mixed‑Use Property: Commercial retail space on the main level with a 2‑bedroom apartment above.; Excellent Bike Score: 97 (Biker's Paradise).
    (703) 969-2883
    We can help!
    Listing Contact
    William Wu
    William Wu
    Real Estate License ID: 0225086641
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    409 H St NE, Washington, DC 20002

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!