Mixed-Use Building with Street
For Sale
$1,995,000
335 H St NE, Washington, DC 20002
Street-level commercial space with two independent residential units above, including in-unit laundry and separate HVAC.
Property Size3,600 SF
Price / SF$554.17
Days on Market126
Property Features for 335 H St NE
General Information
Standard status
Active
Size
3,600 SF
Additional Details
Business Included
Yes
Multifamily Units
2
Building Details
Year Built
2016
Stories
4
Listing Agency:
Long & Foster Real Estate, Inc.
Listed By:
George Giamas · License #SP98359280
(888) 536-0216
Source:
Elkaimpropertygroup
Added: Jun 3
Changed: Sep 24
Last Checked: Oct 5 at 8:34PM
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 Long & Foster Real Estate, Inc.
Investment Insights
Based on property information with market context.
This modern mixed-use property includes a spacious street-level commercial space with two residential units above. The second level features a 2-bedroom, 2.5-bath home with an open layout and contemporary finishes. The upper bi-level unit spans the third and fourth floors with 3 bedrooms, 3.5 baths, and a large private roof deck.
Both residential units are fully independent, each with its own HVAC system, water heater, and in-unit washer/dryer. The upper unit’s private roof deck is described as offering sweeping 360-degree views, including a sightline to the Capitol. The property is being delivered fully vacant.
This configuration can work well for an owner-operator seeking to live above the business while maintaining separation between the commercial and residential components. It also offers flexibility for investors who want to rent the two residential units while customizing the delivered-vacant street-level space to their preferred commercial use.
Both residential units are fully independent, each with its own HVAC system, water heater, and in-unit washer/dryer. The upper unit’s private roof deck is described as offering sweeping 360-degree views, including a sightline to the Capitol. The property is being delivered fully vacant.
This configuration can work well for an owner-operator seeking to live above the business while maintaining separation between the commercial and residential components. It also offers flexibility for investors who want to rent the two residential units while customizing the delivered-vacant street-level space to their preferred commercial use.
Key Highlights
- 2016‑built mixed‑use property with street‑level commercial space plus 2 residential units above
- 2nd‑level unit: 2 bed, 2.5 bath with open layout and contemporary finishes
- Upper bi‑level unit spans 3rd and 4th floors with 3 bed, 3.5 bath and a large private roof deck
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$120,093
Cap Rate
6.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,401,860
$2.4M
Cap Rate 7%
$1,715,614
$1.7M
Cap Rate 9%
$1,334,367
$1.3M
Market Conditions
NOI Build-Up for 3,600 SF
Gross rent
$202.2K $56.16/SF
− Vacancy
−$42.1K −$11.68/SF
EGI
$160.1K $44.48/SF
− OpEx
−$40.0K −$11.12/SF
NOI
$120.1K $33.36/SF
Area
ZIP 20002
Vacancy
20.80%
Lease Rate
$56.16 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,401,860
Cap Rate 7%
$1,715,614
Cap Rate 9%
$1,334,367
Alternative Uses
Best Use
Office B
$1.72M
$1.50M – $2.00M
NOI $120,093 @ 7.0% cap · market cap 6.02%
Second Best
Multifamily LT 5
$979.8K
$857.3K – $1.14M
NOI $68,584 @ 7.0% cap · market cap 3.44%
Theoretical Best
Office A
$1.86M
$1.63M – $2.17M
NOI $130,108 @ 7.0% cap · market cap 6.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
5,874
Businesses Nearby
Explore this area
Business Placement
Demographics for 20002, DC
69,422
Population
38,459
Households
1.8
Avg Household Size
33
Median Age
70%
College-Educated
95%
High-School Grad
5.1 sq mi
ZIP Area
13,612
Density / Sq Mi
$114,482
Median Household Income
$82,909
Median Earnings
$2,140
Median Rent
$813,700
Median Home Value
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Market
Vacancy Rate% for Office in Washington, DC
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Frequently Asked Questions
What type of property is this?
Live-work space - Street-level commercial space with two independent residential units above, including in-unit laundry and separate HVAC.
Where is this live-work space located?
The property is located at 335 H St NE Washington, DC.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: 2016‑built mixed‑use property with street‑level commercial space plus 2 residential units above; 2nd‑level unit: 2 bed, 2.5 bath with open layout and contemporary finishes; Upper bi‑level unit spans 3rd and 4th floors with 3 bed, 3.5 bath and a large private roof deck
