517 H St NE
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517 H St NE
2,472 SF 100% Leased Retail Building Washington, DC 20002 $1,220,000 ($493.53/SF)
EXECUTIVE SUMMARY
KLNB is pleased to present for sale or lease 517 H St NE, a 2,472 SF building centrally located within the bustling H St Corridor. The property, with two floors plus lower-level, is currently vacant and was formerly occupied by a bar and restaurant called DC Harvest which had occupied this location since 2013. Having recently been vacated, this second-generation space is in good condition and provides
an excellent opportunity for an owner/user or new tenant to open a location with minimal work required. With an abundance of bars, restaurants, and residences, this rapidly growing corridor creates a live-work-play environment with excellent commuter access due its proximity to Union Station and trolley line that passes in front of the property. Within a block of the property are a number of national
retailers including Nando’s Peri-Peri, Cava, Corepower Yoga Chase bank, and Nike. Also, the property sits caddy-corner from a The Apollo, recently developed 431-unit luxury residential building anchored by Whole Foods on the ground floor. 517 H St NE offers a unique opportunity for an owner/user or new tenant to occupy a quality asset within a dense and vibrant neighborhood.
an excellent opportunity for an owner/user or new tenant to open a location with minimal work required. With an abundance of bars, restaurants, and residences, this rapidly growing corridor creates a live-work-play environment with excellent commuter access due its proximity to Union Station and trolley line that passes in front of the property. Within a block of the property are a number of national
retailers including Nando’s Peri-Peri, Cava, Corepower Yoga Chase bank, and Nike. Also, the property sits caddy-corner from a The Apollo, recently developed 431-unit luxury residential building anchored by Whole Foods on the ground floor. 517 H St NE offers a unique opportunity for an owner/user or new tenant to occupy a quality asset within a dense and vibrant neighborhood.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,472 SF
Building Class
C
Year Built
1910
Price
$1,220,000
Price Per SF
$493.53
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.89
Lot Size
0.03 AC
Zoning
NMU-4/H-H - Mixed use zoning
Parking
1 Space (0.4 Spaces per 1,000 SF Leased)
Frontage
13’ on H St
AMENITIES
- 24 Hour Access
Walk Score®
Walker's Paradise (95)
Transit Score®
Excellent Transit (84)
Bike Score®
Biker's Paradise (98)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0833-0805 | Improvements Assessment | $517,260 |
| Land Assessment | $410,540 | Total Assessment | $927,800 |
PROPERTY TAXES
Parcel Number
0833-0805
Land Assessment
$410,540
Improvements Assessment
$517,260
Total Assessment
$927,800
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