1206 H St NE - Restaurant FOR SALE


Washington, DC 20002- H Street
$1,395,000 USD
202-340-7675
1206 H St NE, Washington, DC for Sale
$1,395,000 USD
Restaurant - FOR SALE
1/14
null | 8% Cap Rate

1206 H St NE
Washington, DC 20002
H Street


OVERVIEW

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!

FOR SALE DETAILS

PRICE

$1,395,000 USD

PRICE/SF

$698 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,307 SF

ZONING

NC-14

APN/PARCEL ID

1003-0039

ASK ABOUT THIS PROPERTY

Jenn SmiraCompass Real EstateMore Info
202-340-7675

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Jenn SmiraCompass Real EstateMore Info
202-340-7675

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