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    818 H St Washington, DC 20002

    Sponsored
    For Sale
    $1,750,000

    Prime DC Location, Restaurant & Residential

    Property size:
    4,690 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional mixed-use property at 818 H Street NE, Washington, DC 20002, presents a unique investment opportunity. The 4,690 square foot building, constructed in 1932, boasts a vibrant street-level commercial space ideal for a restaurant or bar, previously operating as a second-generation restaurant. The building features two levels of residential space above, currently configured as a four-bedroom, one-and-a-half-bathroom unit, but with the potential for conversion into multiple units to increase rental income. The property sits on a 1,900 square foot lot and is zoned NMU-4/H-R. A new TPO membrane roof, installed in 2022, comes with a 20-year transferable warranty. The building's central location along the H Street corridor, a major commercial thoroughfare, offers excellent visibility and accessibility. Its proximity to the recently completed Avec on H, a large mixed-use development, further enhances its appeal. The asking price is $1,750,000, translating to $373.13 per square foot. This vacant property is well-suited for both owner-operators and investors seeking a strong return on investment in a thriving urban environment. The property is delivered vacant, allowing for immediate occupancy and customization to suit the buyer's needs. The building consists of one three-story structure with two units. This presents a rare opportunity to acquire a well-located, versatile property in a rapidly developing area of Washington, D.C.

    Property Features for 818 H St

    General Information

    Property type
    Restaurants
    Square Feet
    4,690 SF

    Building Details

    Year Built
    1932
    Buildings
    1
    Stories
    3
    Units
    2

    HighLights

    • Ideal for owner‑occupants or investors with existing tenants.
    • Vacant mixed‑use building with existing restaurant space.
    • Two‑story, four‑bedroom unit; easily convertible into multiple units.
    • New TPO roof (2022) with a 20‑year transferable warranty.
    • Across from the 419‑unit Avec on H development (44,000 SF retail).
    • Prime H Street Corridor location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bars

    Map

    City
    Washington
    County
    District Of Columbia
    State
    District of Columbia
    Longitude
    -76.9941198
    Latitude
    38.9004522

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    FAQs

    What type of property is this?
    Restaurant - Prime DC Location, Restaurant & Residential
    Where is this restaurant located?
    The property is located at 818 H St Washington, DC.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: Ideal for owner-occupants or investors with existing tenants.; Vacant mixed-use building with existing restaurant space.; Two-story, four-bedroom unit; easily convertible into multiple units.
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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
    818 H St Washington, DC 20002
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