1206 H St Ne, Washington, DC 20002

$995,000

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List Price
$995,000
Price Change
▼ $205,000 1792181513
Days on Market
114
Status
ACTIVE
MLS#
DCDC2271968
Lot Size (Acres)
0.03
Year Built
1930
County
Washington
School District
District Of Columbia Public Schools

Property Description

Significant price improvement! 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!

Additional Information

Subdivision
H Street Corridor
School District
District Of Columbia Public Schools
Flooring
Hardwood
Heating
Central
Cooling
Central Air
Water
Public
Sewer
Public Sewer

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Listing courtesy of Compass. Contact: