1025 H St Washington, DC 20002

Property Details for 1025 H St

Year built

1929

Construction

BRICK

Lot size

0.03 lot acres

Property size

2,129 SF

Zone code

NC-16

Property type

Retail space

APN

0959 0017

APU

9590017

Description

This exceptional investment opportunity presents a 1,462 square foot, fully equipped former restaurant and bar located at 1025 H St NE, Washington, DC 20002. Situated on a prime corner lot within the vibrant H Street Corridor, at the intersection of H Street and 11th Street NE, this property boasts a significant amount of potential. The building, constructed in 1929 and renovated in 2023, offers a turnkey setup including enclosed outdoor seating, ideal for immediate operation or redevelopment. The property features a net rentable area of 1,462 square feet, with a total land area of 1,742 square feet and a building area of 1,626 square feet. It is zoned C2A, allowing for versatile development options. The asking price is $1,499,000, translating to $1,025.31 per square foot. This single-unit property is offered as a NNN lease and represents a rare chance to capitalize on the dynamic growth and evolving landscape of the H Street NE neighborhood. Investors will find this a highly attractive asset with significant upside potential in a bustling and desirable location. The property's existing infrastructure and prime location make it an ideal candidate for a variety of uses, offering a unique opportunity for significant return on investment.