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609 H NW St Washington, DC 20001-3731

OFF-MARKET Turn key restaurants Google Maps
5,040 SF 0.06 ac lot Built 1890
Entity Owned 6-yr Hold ~ Est. High Equity
Estimated value (blended)
$1.79M
Range $1.61M – $1.96M (±10%)
Property ID US16-0060010

Property summary

AI-generated overview

This exceptional office space at 609 H Street NE, Washington, DC 20002, offers a diverse range of solutions for businesses of all sizes. Located in the vibrant H Street Corridor, this property provides traditional office suites, executive office spaces, coworking areas, medical offices, and creative office environments. The building caters to various needs, from single-person offices to large corporate setups, with customizable options ranging from one to over 100 desks. Flexible lease terms are available, including fully furnished and equipped private offices, executive suites with iconic views, and disaster recovery spaces. Beyond private offices, the location offers coworking spaces with hot-desking options, and a wide selection of meeting rooms, accommodating informal chats to large conferences. Virtual office options are also available, including prestigious business addresses, mail handling, and virtual assistant services. Additional benefits include access to business lounges, depending on the chosen plan. This property provides a dynamic and adaptable workspace in a prime District of Columbia location. The building offers a professional, inspiring, and collaborative atmosphere, allowing businesses to focus on growth and success. Inquire today to explore the various options and find the perfect workspace to suit your business needs.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1890
Construction BRICK
Total area 5,040 SF
Lot 0.06 ac (2,618 SF)
Zoning code D-5-R
APN 0453 0802
UPID US16-0060010

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.78M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.79M

Owner & transaction history

since 2020
Last sale
$1.7M
1 recorded transaction
2020
Price N/A

Zoning & alternative use

D-5-R · Washington, DC
Zoning description

) 538 PURPOSE AND OBJECTIVE (D-5) 539 DENSITY - FLOOR AREA RATIO (FAR) (D-5) 540 HEIGHT (D-5) 541 FRONT BUILD-TO (D-5) 542 FRONT SETBACK (D-5) 543 PARKING (D-5) 544 USES (D-5) 545 DESIGN (D-5) 546 PURPOSE AND OBJECTIVE (…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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