Mixed-Use Investment
For Sale
Contact for pricing
1341 H St NE, Washington, DC 20002
Renovated mixed-use asset in vibrant Washington, DC corridor.
Property Size22,114 SF
Price / SF$678.30
Days on Market166
Property Features for 1341 H St NE
General Information
Standard status
Active
Size
22,114 SF
Class
A
Total Parking Spaces
7
Property subtype
Multifamily, Office, Retail
Building Details
Year Renovated
2025
Stories
5
Units
22
Listing Agency:
Coldwell Banker Realty
Listed By:
Julian Weichel · License #sp98376900
Source:
Crexi
Added: Feb 27
Changed: Aug 8
Last Checked: Aug 11 at 6:46PM
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 Coldwell Banker Realty
Investment Insights
Based on property information with market context.
Bearden Arts on H Street is a renovated mixed-use property that offers a live-work investment opportunity. The property features a mix of retail, office, and residential space. The ground floor includes over 3,000 square feet of retail/restaurant space, suited for gallery, retail, showroom or restaurant use. The second floor offers approximately 3,700 square feet configured as a mix of office and residential space, with the flexibility to convert to full office use. Floors three through five are fully residential, comprising twenty units, including one-bedroom, one-bedroom-plus-den, and two-bedroom layouts. The building also includes seven on-site parking spaces and basement storage. The property is located near the Atlas Performing Arts Center and the emerging Nesso Plaza, benefiting from neighborhood growth, arts-driven foot traffic, and connectivity. Delivery is expected in Spring/Summer 2026. This property is suitable for an end user seeking integrated workspace and housing, or for an investor looking to acquire a renovated, mixed-use asset in a rapidly evolving submarket. The property size is 22,114 square feet.
Key Highlights
- Rare mixed‑use property offering live‑work investment opportunity in a vibrant DC corridor.
- Newly renovated building** with a dynamic blend of retail, office, and residential space.
- Expansive ground‑floor commercial space (over 3,000 sq ft)** suitable for various uses.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$737,702
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.92%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$14,754,040
$14.8M
Cap Rate 7%
$10,538,600
$10.5M
Cap Rate 9%
$8,196,689
$8.2M
Market Conditions
NOI Build-Up for 22,114 SF
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.
Gross rent
$1.24M $56.16/SF
− Vacancy
−$258.3K −$11.68/SF
EGI
$983.6K $44.48/SF
− OpEx
−$245.9K −$11.12/SF
NOI
$737.7K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$14,754,040
Cap Rate 7%
$10,538,600
Cap Rate 9%
$8,196,689
Alternative Uses
Best Use
Office B
$10.54M
$9.22M – $12.30M
NOI $737,702 @ 7.0% cap · market cap 4.92%
Second Best
Retail
$7.07M
$6.19M – $8.25M
NOI $495,155 @ 7.0% cap · market cap 3.30%
Theoretical Best
Office A
$11.42M
$9.99M – $13.32M
NOI $799,225 @ 7.0% cap · market cap 5.33%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,287
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
Market
Vacancy Rate% for Office in Washington, DC
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Renovated mixed-use asset in vibrant Washington, DC corridor.
Where is this mixed-use property located?
The property is located at 1341 H St NE Washington, DC.
What is the asking price?
The asking price for this property is $15,000,000.
What are key features of this property?
This property features: Rare mixed‑use property offering live‑work investment opportunity in a vibrant DC corridor.; Newly renovated building** with a dynamic blend of retail, office, and residential space.; Expansive ground‑floor commercial space (over 3,000 sq ft)** suitable for various uses.
