1012 H NE St Washington, DC 20002-3744
Property summary
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.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
NC-16 · Washington, DCZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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