309 H ST NE Active

Washington,DC 20002

$ 2300000

- Bed

- Bath

4674 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 4,674 sqft

Price per Sqft $492

Subdivision H Street Corridor

MLS Listing ID DCDC2159604

Year Built 1947

Annual Tax Amount $32,250

Tax Year 2021

Lot Size 2,751 Sqft

Property Description

Seize this remarkable investment opportunity in a highly sought-after location. The existing space is perfect for launching a retail establishment or maximizing potential by adding up to four additional floors of residential units. The building's robust structure is engineered to support these extra floors, making it equally ideal for high-capacity uses like a brewery.

Featuring an authentic warehouse-style design, this property captivates with fully exposed brick walls and preserved historical details dating back to its origin as a 1950s auto shop. It's a unique blend of vintage charm and modern potential.

Location is everything, and this space excels with its proximity—just a few blocks from Union Station and less than a mile from the Senate offices, ensuring constant activity and visibility. The neighborhood boasts a walk score of 93, highlighting its pedestrian-friendly nature, and the surrounding area has seen an average housing sale price of over $1 million within a half-mile radius in the last year.

This vibrant community is well-positioned to support a variety of retail concepts and offers lucrative opportunities for high-end condos or rentals. Whether you're envisioning a chic retail outlet or a value-add residential development, this property offers endless possibilities for significant returns.

Location

State DC

County Washington

Zoning NC-10

Interior

Hot Water None

Heating Space Heater

Cooling None

Exterior

Utilities Available Electric Available,Natural Gas Available,Sewer Available,Water Available,Other

Water Access N

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Building

Lot Description Other

Foundation Other

Sewer Public Sewer

Water Public

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Acceptable Financing Conventional,Cash,Bank Portfolio

Listing Terms Conventional,Cash,Bank Portfolio

Special Listing Condition Standard

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