Renovated Mixed-Use Property For
For Sale
Contact for pricing
1415 H St NE, Washington, DC 20002
1,600 SF renovated mixed-use property, delivered 100% vacant.
Property Size1,600 SF
Price / SF$562.50
Days on Market780
Property Features for 1415 H St NE
General Information
Standard status
Active
Size
1,600 SF
Property subtype
Mixed Use, Retail
Zoning
NMU-7B/H-A
Investment Type
Owner/User
Site & Location
Neighborhood
Ft. Washington
Building Details
Year Built
1900
Year Renovated
2008
Buildings
1
Stories
2
Units
1
Listing Agency:
Greysteel Company LLC Washington, D.C.
Listed By:
Benjamin Wilson · License #MD 649631
(410) 227-7342
Source:
Crexi
Added: Sep 10, 2024
Changed: Oct 25
Last Checked: Oct 28 at 8:21AM
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.
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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
Estimated NOI and Cap Rate
NOI / Yr
$29,016
Cap Rate
3.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$580,320
$580.3K
Cap Rate 7%
$414,514
$414.5K
Cap Rate 9%
$322,400
$322.4K
Market Conditions
NOI Build-Up for 1,600 SF
Gross rent
$49.9K $31.20/SF
− Vacancy
−$3.5K −$2.18/SF
EGI
$46.4K $29.02/SF
− OpEx
−$17.4K −$10.88/SF
NOI
$29.0K $18.13/SF
Area
ZIP 20002
Vacancy
7.00%
Lease Rate
$31.20 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$580,320
Cap Rate 7%
$414,514
Cap Rate 9%
$322,400
Alternative Uses
Best Use
Mixed Use
$414.5K
$362.7K – $483.6K
NOI $29,016 @ 7.0% cap · market cap 3.22%
Second Best
—
—
no second resolved use
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 authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Current Use
Location Intelligence
Trade Area within ½ mile
2,287
Businesses Nearby
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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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Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions
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.
