Homes for sale - 1206 H ST NE, Washington, DC 20002

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William Mercogliano III

themercteam@gmail.com +1(856) 472-9836

$1,395,000

Est. payment - /mo

2,016 SqFt

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UPDATED:

09/30/2024 03:48 PM

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 2,016 sqft

Price per Sqft $691

Subdivision H Street Corridor

MLS Listing ID DCDC2142896

Originating Board BRIGHT

Year Built 1930

Annual Tax Amount $13,588

Tax Year 2022

Lot Size 1,260 Sqft

Acres 0.03

Property Description

Welcome to an exceptional opportunity to own a premier commercial property featuring a thriving restaurant in a bustling location. Situated in the heart of H Street Corridor, this property boasts high visibility, heavy foot traffic, and excellent accessibility, making it an ideal investment for seasoned restaurateurs or savvy investors seeking a turnkey business opportunity. The building owner has operated a booming British pub style restaurant and bar, the Queen Vic since 2011. The property, which spans over 2000 sqft over two levels, comes fully equipped with a commercial kitchen with type-2 venting, two large bar areas, two large seating areas, and two outdoor spaces. At $55/ft NNN for this turn-key restaurant, this property would have a cap rate of 7. Do not miss this incredible investment opportunity!

Location

State DC

County Washington

Zoning NMU-4/H-A

Interior

Hot Water Natural Gas

Heating Central

Cooling Central A/C

Heat Source Natural Gas

Exterior

Waterfront N

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Tax ID 1003//0039

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Listed by Jennifer S Smira • Compass

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William Mercogliano III

+1(856) 472-9836

Broker Associate | License ID: 0893537

Broker Associate License ID: 0893537

1206 H ST NE Washington, DC 20002

William Mercogliano III

William Mercogliano III

Key Details

Location

Interior

Exterior

Building

Schools

Others

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