Second-Floor Retail
New
For Sale
Contact for pricing
611 NW H STREET NW #2, Washington, DC 20001
The downtown setting is near Gallery Place-Chinatown Metro and a range of restaurants and shops.
Property Size6,015 SF
Price / SF$0.50
Days on Market7
Property Features for 611 NW H STREET NW #2
General Information
Standard status
Active
Size
6,015 SF
Property subtype
Commercial
Site & Location
Neighborhood
Mount Vernon Triangle
Building Details
Year Built
1890
Listing Agency:
Fairfax Realty Premier
(301) 439-9500
Listed By:
Wan C Li
(202) 361-8384
Source:
Cummingsrealtors
Added: Oct 27
Changed: Nov 1
Last Checked: Nov 1 at 5:37AM
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 Fairfax Realty Premier
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This second-floor retail space is in Washington, DC’s Chinatown and Gallery Place area. The building dates to 1890. The space is described as suitable for service-oriented businesses, personal care operations, wellness practices, specialty retail, and other professional or consumer services, subject to applicable zoning, licensing, and building requirements.
Gallery Place-Chinatown Metro, serving the Red, Green, and Yellow Lines, is about a four-minute walk away. Judiciary Square and other downtown stations provide additional transit connections. H Street NW, 7th Street NW, 6th Street NW, and Massachusetts Avenue are among the nearby routes. Restaurants, shops, offices, and neighborhood businesses contribute to the surrounding commercial mix, with the Capital One Arena area and downtown business district also nearby.
Gallery Place-Chinatown Metro, serving the Red, Green, and Yellow Lines, is about a four-minute walk away. Judiciary Square and other downtown stations provide additional transit connections. H Street NW, 7th Street NW, 6th Street NW, and Massachusetts Avenue are among the nearby routes. Restaurants, shops, offices, and neighborhood businesses contribute to the surrounding commercial mix, with the Capital One Arena area and downtown business district also nearby.
Key Highlights
- Second‑floor commercial space in the Chinatown and Gallery Place area
- About a four‑minute walk to Gallery Place‑Chinatown Metro, served by the Red, Green, and Yellow Lines
- Building dates to 1890
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$96,505
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,930,100
$1.9M
Cap Rate 7%
$1,378,643
$1.4M
Cap Rate 9%
$1,072,278
$1.1M
Market Conditions
NOI Build-Up for 6,015 SF
Gross rent
$144.4K $24.00/SF
− Vacancy
−$6.5K −$1.08/SF
EGI
$137.9K $22.92/SF
− OpEx
−$41.4K −$6.88/SF
NOI
$96.5K $16.04/SF
Area
Washington, DC
Vacancy
4.50%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,930,100
Cap Rate 7%
$1,378,643
Cap Rate 9%
$1,072,278
Alternative Uses
Best Use
Retail
$1.38M
$1.21M – $1.61M
NOI $96,505 @ 7.0% cap · market cap 3,216.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.09M
$2.71M – $3.61M
NOI $216,575 @ 7.0% cap · market cap 7,219.17%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
14,705
Businesses Nearby
134k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 36%
Dining 26%
Groceries 21%
Shops & Services 17%
Safeway
Groceries
28,133 visits/mo
0.3 miles
McDonald's
Dining
24,382 visits/mo
0.4 miles
Washington Marriott At Metro Center
Hotels & Casinos
24,363 visits/mo
0.3 miles
TD Bank
Shops & Services
11,904 visits/mo
0.1 miles
Hampton Inn Washington Downtown Convention Center
Hotels & Casinos
6,622 visits/mo
0.2 miles
Demographics for 20001, DC
49,040
Population
26,728
Households
1.8
Avg Household Size
32
Median Age
78%
College-Educated
95%
High-School Grad
2.0 sq mi
ZIP Area
24,520
Density / Sq Mi
$138,730
Median Household Income
$94,675
Median Earnings
$2,464
Median Rent
$844,500
Median Home Value
Market
Vacancy Rate% for Retail in Washington, DC
Frequently Asked Questions
What type of property is this?
Retail space - The downtown setting is near Gallery Place-Chinatown Metro and a range of restaurants and shops.
Where is this retail space located?
The property is located at 611 NW H STREET NW #2 Washington, DC.
What are key features of this property?
This property features: Second‑floor commercial space in the Chinatown and Gallery Place area; About a four‑minute walk to Gallery Place‑Chinatown Metro, served by the Red, Green, and Yellow Lines; Building dates to 1890
