Renovated Mixed-Use Property For
1415 H St NE Washington, DC 20002
For Sale
Contact for pricing
1,600 SF renovated mixed-use property, delivered 100% vacant.
Property Size1,600 SF
Price / SF$562.50
Days on Market685
Property Features for 1415 H St NE
General Information
- Standard status
- Active
- Size
- 1,600 SF
- Property subtype
- Mixed Use, Retail
Building Details
- Year Built
- 1900
Listing Agency:
Greysteel Company LLC Washington, D.C.
(202) 499-4077
Listed By:
Benjamin Wilson · License #MD 649631
Source:
Crexi
Added: Sep 10, 2024
Changed: Jul 6
Last Checked: Jul 26 at 12:48PM
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 Greysteel Company LLC Washington, D.C.
Investment Insights
Based on property information with market context.
This is a 1,600 square foot mixed-use property that has been renovated. The property will be delivered 100% vacant.
Key Highlights
- 100% vacant delivery offers immediate occupancy.
- Renovated condition potentially reduces maintenance costs.
- Mixed use provides flexibility.
Financial Insights For 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 | $53.8k | $33.60 |
| − Vacancy | −$2.6k | −$1.61 |
| EGI | $51.2k | $31.99 |
| − OpEx | −$15.4k | −$9.60 |
| NOI | $35.8k | $22.39 |
1,600 SF · lease $33.60/SF/yr · vacancy 4.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$511.8K
$447.8K – $597.1K
NOI $35,826 @ 7.0% cap · market cap 3.98%
Second Best
Mixed Use
$414.5K
$362.7K – $483.6K
NOI $29,016 @ 7.0% cap · market cap 3.22%
Theoretical Best
Office A
$826.1K
$722.8K – $963.8K
NOI $57,826 @ 7.0% cap · market cap 6.43%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
VanGuardConsultingServices
Consultant
Mars Logistics, Inc.
Freight Service
Thee Heavenly Collective
Recording Studio
SDW and the Family Holdings ...
Holding Company
Build Your Village ...
Real Estate Agency
FAQs
What type of property is this?
Mixed-use property - 1,600 SF renovated mixed-use property, delivered 100% vacant.
Where is this mixed-use property located?
The property is located at 1415 H St NE Washington, DC.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: 100% vacant delivery offers immediate occupancy.; Renovated condition potentially reduces maintenance costs.; Mixed use provides flexibility.
