517 H St NE - Storefront Retail/Residential FOR SALE


Washington, DC 20002
$1,220,000 USD
202-652-2334
517 H St NE, Washington, DC for Sale
$1,220,000 USD
Storefront Retail/Residential - FOR SALE
1/4
null | Request Cap Rate

517 H St NE
Washington, DC 20002


OVERVIEW

KLNB is pleased to present for sale or lease 517 H St NE, a 2,472 SF building centrally located within the bustling H St Corridor. The property, with two floors plus lower-level, is currently vacant and was formerly occupied by a bar and restaurant called DC Harvest which had occupied this location since 2013. Having recently been vacated, this second-generation space is in good condition and provides an excellent opportunity for an owner/user or new tenant to open a location with minimal work required. With an abundance of bars, restaurants, and residences, this rapidly growing corridor creates a live-work-play environment with excellent commuter access due its proximity to Union Station and trolley line that passes in front of the property. Within a block of the property are a number of national retailers including Nando’s Peri-Peri, Cava, Corepower Yoga Chase bank, and Nike. Also, the property sits caddy-corner from a The Apollo, recently developed 431-unit luxury residential building anchored by Whole Foods on the ground floor. 517 H St NE offers a unique opportunity for an owner/user or new tenant to occupy a quality asset within a dense and vibrant neighborhood.

FOR SALE DETAILS

PRICE

$1,220,000 USD

PRICE/SF

$494 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1910

SPRINKLERS

-

PARKING SPACES

1

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,307 SF

ZONING

NMU-4/H-H

APN/PARCEL ID

0833-0805

ASK ABOUT THIS PROPERTY

Vito LupoKLNBMore Info
202-652-2334

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Vito LupoKLNBMore Info
202-652-2334

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.