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1114 H St NE
Washington, DC 20002
Retail Property For Sale
PROPERTY FACTS
About 1114 H St NE , Washington, DC 20002
The Feldman Group of Marcus & Millichap is pleased to present the exclusive offering of 1114 H Street NE. The property is located on the north side of the street with easy access to the street car, and is adjacent to popular eateries such as &Pizza. 1114 H Street NE represents an excellent opportunity for an investor or developer to acquire a well-maintained building and sizable lot along a strong block on the H Street Corridor that is well-positioned in the path of development. 1114 H St NE was formerly occupied by the Transit Employees Federal Credit Union but will be delivered vacant. The building’s good condition, high ceilings and favorable zoning make it an ideal opportunity for an investor looking to tenant the property or a developer looking to take advantage of the significant unrealized FAR. The building is comprised of mostly one level above-grade along with a mezzanine level and fully rentable sublevel. The site also offers a secured multicar parking lot behind the building and alley access for easy loading and parking. The property is located one and one-half blocks from the H Street Connection shopping center site, which is currently being redeveloped into 44,000-square feet of retail with 420 residential units and 430 parking spaces. The new development is known as the Avec on H-Street. The H Street Corridor is located in the Northeast Quadrant of the District of Columbia. It begins east of Union Station at 2nd Street NE and extends to 15th Street NE, at the intersection of Benning Road, Maryland Avenue, Florida Avenue and Bladensburg Road, also known as the “Starburst Intersection.” This offering is near many multifamily developments and renowned neighborhood establishments, such as: The Apollo, Whole Foods, Cava, Starbucks, Turning Natural, Chic-fil-A, as well as Union Market. The neighborhood is experiencing significant growth. More than 1,200 residential units have recently delivered, or are slated to be delivered by 2019. With its close proximity to Capitol Hill, NoMa, Union Station and Union Market, the H Street Corridor has become one of the more developed and trendy neighborhoods in Northeast Washington, DC.
PROPERTY TAXES
Parcel Number | 0981-0126 | Improvements Assessment | $0 |
Land Assessment | $1,185,110 | Total Assessment | $1,185,110 |
PROPERTY TAXES
Learn More About Investing in Retail Properties
Listing ID: 14690650
Date on Market: 12/21/2018
Last Updated:
Address: 1114 H St NE, Washington, DC 20002
The Retail Property at 1114 H St NE, Washington, DC 20002 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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