For Sale

1421 H Street NE

1421 H Street NE | Washington, DC 20002-5034, US

price$945,000
property typeCommercial Sale
year built1890

property
details

STATUSActive
SALE PRICE PER UNIT$945,000
YEAR BUILT1890
PROPERTY TYPECommercial Sale
BUILDING SIZE2,276 SF
SALE PRICE$945,000
OCCUPANCY %75%
DAYS ON MARKET83

property
description

EXP Commercial is pleased to exclusively represent the owner of 1421 H Street NE, a mixed-use building with three stories, renovated in 2025, and located on the H Street Corridor. 1421 H Street NE is a 2, 276 square foot mixed-use property that features a first floor retail space and three apartment units comprised of a studio unit, a one-bedroom unit, and a brand new 2 bedroom unit. The building sits on a .03 acre parcel, and it is zoned NMU-7B/H-A , mixed-use medium density use). The retail space is currently vacant providing a new owner the opportunity to owner-occupy this portion of the building or lease the space to a retail tenant. The residential units are separately metered and fully leased with market rate tenants. Market rents (retail and residential) for the H Street corridor are increasing every year which allow a new owner the ability to increase cashflow with minimal capital improvements. In addition, the property features two parking spaces in the rear of the property. There is also street parking on H Street and rear access to the Maryland avenue street where there is additional street parking. The H Street corridor has experienced tremendous revitalization over the past several years surrounded by retail, award-winning restaurants, and new commercial real estate development . Transportation can be easily accessed through Union Station and the NoMa-Gallaudet metro stations, metro bus lines on H street and the DC Streetcar rail system which has almost 3, 800 riders per weekday. 1421 H Street NE is centrally located between Union Market to the North, “NoMa” to the Northwest, and the historic neighborhood of Capitol Hill to the South. The property is also seven blocks away from Whole Foods, and walking distance to national retailers including Starbucks, CAVA, and Orangetheory Fitness, and numerous recently-delivered Class A , mixed-use buildings. This property offers an investor the opportunity to enter a rapidly transforming submarket at a relatively low-cost basis compared to other neighborhoods in Washington, DC. For any inquiries, information regarding this property, and for showings please contact the the listing agent.

location
description

1421 H Street NE | Washington, DC 20002-5034, US

Continue on H Street NE until you reach 1421 H Street NE. The property is on the end of the corner of H Street and Maryland Ave NE in the 1400 block.

Sneha Shaji

Sneha Shaji

MD #5005154
(443) 510-8304

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