1012 H NE St Washington, DC 20002-3744
- Commercial real estate
- 4,261 SF
- 0.05 lot acres
Dec 19, 2022
Current Use by Public Records
- Commercial real estate
Property Details for 1012 H NE St
- Year built
- 1915
- Construction
- BRICK
- Lot size
- 0.05 lot acres
- Property size
- 4,261 SF
- Zone code
- NC-16
- Property type
- Commercial real estate
- APN
- 0958 0809
- APU
- 9580809
Description
This exceptional mixed-use property at 1012 H St NE, Washington, DC, presents a unique investment opportunity. The 2,300 square foot building, classified as Class B, is currently vacant and offers a fee simple ownership structure. The property features a ground floor storefront retail space and a beautifully renovated loft apartment above, creating a versatile income stream potential. The building sits on a 2,264 square foot lot and includes two off-street parking spaces accessible from a rear alley. Zoned NMU-4/H-R, the property allows for a variety of uses. The asking price is $1,200,000, translating to $521.74 per square foot. This property is part of a larger portfolio of buildings along the north side of the 1000 block of H St NE, offering potential for acquisition as a package or individually. The building consists of two units within one building, offering flexibility for future development or leasing strategies. The location in the vibrant H Street Corridor provides excellent visibility and access to a diverse customer base. The vacant status allows for immediate customization and tenant selection, maximizing return on investment. This is an ideal opportunity for investors seeking a prime location in a rapidly developing area of Washington, DC. The property's unique blend of retail and residential space, coupled with its convenient parking, makes it a highly desirable asset.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $6,680,000
- ML approach
- $6,350,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Washington
- County
- District Of Columbia
- State
- DC
- Longitude
- -76.9922
- Latitude
- 38.9005
- CBSA code
- 47900
- CBSA name
- WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA