1206 H St Ne, Washington, DC 20002

$1,200,000

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List Price
$1,200,000
Days on Market
23
Status
ACTIVE
MLS#
DCDC2271968
Lot Size (Acres)
0.03
Year Built
1930
County
Washington DC
School District
District Of Columbia Public Schools

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!

Additional Information

Subdivision
H Street Corridor
Taxes
$20205
School District
District Of Columbia Public Schools
Flooring
Hardwood
Heating
Central
Heating Fuel
Natural Gas
Cooling
Central A/C
Water
Public
Sewer
Public Sewer

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Compass. Contact: (202) 386-6330