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1415 H St Washington, DC 20002

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For Sale
Contact for pricing

Vacant Retail, Huge Potential

Property size:
1,600 SF

Property Features for 1415 H St

General Information

Property type
Retail space
Square Feet
1,600 SF

Building Details

Year Built/Renovated
1900/2008
Buildings
1
Stories
2
Units
1

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Listing Contact
Benjamin Wilson
Benjamin Wilson

Listing Agency: Greysteel Company LLC Washington, D.C. Listing Agent: Benjamin Wilson

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This 1,600 sq ft mixed-use building at 1415 H St NE, Washington, DC 20002, offers a unique investment opportunity. Built in 1900 and renovated in 2008, this fee-simple property boasts a vacant storefront, perfect for an owner-user seeking retail space with additional upper-level space. The 1,146 sq ft lot includes 5,501 sq ft of air rights, presenting substantial potential for future expansion or redevelopment. Currently zoned NMU-7B/H-A, this flexible zoning allows for various use combinations, including retail with residential or office space above. The asking price is $900,000, representing a price per square foot of $562.50 and a pro-forma cap rate of 7.52%, with a pro-forma NOI of $67,656. Its prime location on the 1400 block of H Street NE, near the intersection of H Street, Bladensburg Rd, Benning Rd, and Maryland Ave, ensures high foot traffic due to its proximity to Hechinger Mall and the DC Streetcar. This value-add opportunity is ideal for an investor seeking to lease the retail space or convert the upper level to residential. The property consists of one building with two stories. The building's features include 1,600 sq ft of net rentable space.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Retail space

Map

City
Washington
County
District Of Columbia
State
District of Columbia
Longitude
-76.984994131245
Latitude
38.900250670646

FAQs

What type of property is this?
Retail space - Vacant Retail, Huge Potential
Where is this retail space located?
The property is located at 1415 H St 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: $900,000 asking price for a 1,600 square foot mixed-use building.; Vacant, 1,600 square feet of net rentable space, offering owner-user or value-add investment opportunities.; Located at 1415 H St NE, Washington, DC 20002, with flexible zoning allowing for various use combinations.
(202) 499-4077 Call to check price and availability
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