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517 H St NE
Washington, DC 20002
Retail Property For Lease
Highlights
- Heavy daily foot traffic.
- Near public transportation.
PROPERTY FACTS
Property Type | Retail | Year Built | 1910 |
Property Subtype | Storefront Retail/Residential | Parking Ratio | 0.4/1,000 SF |
Gross Leasable Area | 2,472 SF |
Property Type | Retail |
Property Subtype | Storefront Retail/Residential |
Gross Leasable Area | 2,472 SF |
Year Built | 1910 |
Parking Ratio | 0.4/1,000 SF |
About the Property
The H Street NE neighborhood has historically been one of Washington DC’s busiest commercial districts, notably having the first Sears Roebuck store in the district prior to World War II. Recently undergoing revitalization in the 21st century, H street NE is again one of the most vibrant corridors in the District. This is largely as a result of the 2002 DC Office of Planning community-based initiative focusing on strategic development on H Street. The initiative categorized the corridor into three distinct districts, The Arts & Entertainment, Central Retail, and Western Gateway: The Hub and Urban Living Districts. 517 H Street is positioned in the Western Gateway District between North Capitol and 7th Street NE. The Western Gateway is home to a majority of residential development and is largely known as the entrance to the H Street Corridor with ease of access to the major transit hub of Union Station. A neighborhood flush with retail, entertainment, residential, and office, H Street in recent years has established itself as one of the most sought-after neighborhoods in DC due to its live/work/play environment. H Street Corridor is positioned between some of the most recognizable and growing markets in Washington DC – Capitol Hill, Union Market, and Downtown DC. As a result of the recent major capital influx into the area, there have been nearly 2,000 residential units built in the neighborhood since 2016, with notable retail anchors calling the community home, including Whole Foods and Giant. Restaurants in the submarket earning themselves Michelin stars include Maketto, Fancy Radish, and Cane with arts and entertainment venues such as Atlas Theater and Focus Social Club topping the list.
- 24 Hour Access