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    1342 U St Washington, DC 20009

    Sponsored
    For Lease
    Contact for pricing

    Prime U Street location, 961 SF, ARTS-1 Zoning

    Lot size:
    961 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 961-square-foot retail space is ideally situated at 1342 U St NW in Washington, DC's vibrant U Street Corridor. Located in a boutique, four-story mixed-use building, this single-tenant property offers a fantastic opportunity for businesses seeking high visibility and foot traffic. The space is currently vacant and ready for immediate occupancy. The ARTS-1 zoning allows for a variety of commercial uses, making it suitable for a range of retail concepts or restaurants. The property's convenient location places it just a block from the bustling intersection of U Street and 14th Street, ensuring significant exposure to a diverse customer base. Adding to its appeal, the property includes two valuable private parking spaces located at the rear of the building, a significant advantage in a densely populated urban area. This ground-floor unit provides excellent street-level visibility and easy access for customers. The space presents a unique chance to establish a thriving business in a dynamic and sought-after neighborhood. The building's mixed-use nature contributes to a lively and engaging atmosphere, further enhancing the property's appeal. This is a rare opportunity to secure a prime retail space in a highly desirable location.

    Property Features for 1342 U St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    961 SF

    Building Details

    Stories
    4

    Unit(s) available at that property

    Space
    Ground Floor
    Size
    961 SF

    HighLights

    • 961 SF ground floor retail space available for lease in a boutique, four‑story mixed‑use building.
    • One block from the U Street/14th Street intersection.
    • Also available for sale; inquire for details on the existing restaurant/bar space.
    • High‑traffic location ideal for retail.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Washington
    County
    District Of Columbia
    State
    District of Columbia
    Longitude
    -77.03123
    Latitude
    38.9167942

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    FAQs

    What type of property is this?
    Restaurant - Prime U Street location, 961 SF, ARTS-1 Zoning
    Where is this restaurant located?
    The property is located at 1342 U St Washington, DC.
    What are key features of this property?
    This property features: 961 SF ground floor retail space available for lease in a boutique, four-story mixed-use building.; One block from the U Street/14th Street intersection.; Also available for sale; inquire for details on the existing restaurant/bar space.
    Request Owner's contact information
    1342 U St Washington, DC 20009
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    Washington, DC 20009
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1342 U St Washington, DC 20009
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