1206 H ST NE, Washington, DC 20002
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1206 H ST NE, Washington, DC 20002
1206 H ST NE, Washington, DC 20002
1206 H ST NE, Washington, DC 20002
1206 H ST NE, Washington, DC 20002
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Steve Vargas

Steve Vargas

+1(571) 285-9834
Listed by Jenn Smira • Compass
$ 1,200,000
Est. payment /mo
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1206 H ST NE Washington, DC 20002

1,260 Sqft Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Subdivision H Street Corridor

MLS Listing ID DCDC2271968

Year Built 1930

Annual Tax Amount $20,205

Tax Year 2024

Lot Size 1,260 Sqft

Acres 0.03

Property Sub-Type Mixed Use

Source BRIGHT

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

Flooring Hardwood

Heat Source Natural Gas

Exterior

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

Acceptable Financing Cash, Conventional, Negotiable

Listing Terms Cash, Conventional, Negotiable

Financing Cash,Conventional,Negotiable

Special Listing Condition Standard

Bright MLS (BMLS)
Steve Vargas

Steve Vargas

Team Leader/ Associate Broker/ Owner of A Refined Mindset Coaching | License ID: 0225224352-Virginia 678920-Mar

+1(571) 285-9834

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1206 H ST NE