1206 H St NE , Washington, DC 20002
Washington, DC 20002
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!
Details
| Mls | DCDC2142896 |
|---|---|
| Listing Type | For Sale |
| Subtype | Resale |
| Status | Active |
| Year | 1930 |
| Days On Site | 197 |
| Listing Provided By | Compass | Jennifer S Smira |
Features
| Sq Feet | 2,016 |
|---|---|
| Zoning | NMU-4/H-A |
| Acreage | 0.03 |
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Learn More About This Property
| State | DC |
|---|---|
| County | Washington |
| City | Washington |
| Zip Code | 20002 |
| Community Name | H Street Corridor |
| School District | District Of Columbia Public Scho |
| Listing VS Median (in H Street Corridor) | |
Price: $1,395,000 low | high Med: $0 On Site: 197 low | high Med: | |
