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Map
$2,898,972*
●
Commercial -
Off Market
507 H STREET NW
WASHINGTON, DC 20001
Studio
0 Bath
$2,340,000 - $2,860,000
Reference Base Price*
11.50%
Since Jun 1, 2021
DC-Washington
Primary Model
About This Property
100% leased (NNN) commercial building with a restaurant , Current
NOI is $116,688.60 , Restaurant has been at the location for 12
years, 8 year remaining lease plus 5 year option, Tenant is
responsible for the roof, Rare investment opportunity with
immediate cash flow yields coupled with future add-value
opportunity, Four-level commercial building, Walking distance to
Gallery Place Chinatown Metro and Verizon Center, Across the street
from Fairfield Inn and Suites by Marriott, Rapidly growing area
with huge economic value
Unit Size
-
Days on Market
-
Land Size
0.04 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
$25,043
HOA Dues
-
Year Built
1890
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Oct 4, 2023 | Sold | $2,450,000 | |
Sold | |||
May 31, 2021 | No longer available | - | |
No longer available | |||
Apr 15, 2021 | Relisted | $2,600,000 | |
Relisted | |||
Apr 11, 2021 | No longer available | - | |
No longer available | |||
Feb 12, 2021 | Listed | $2,600,000 | |
Listed |
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Property Highlights
Air Conditioning
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Condo
5
Beds
4.5
Baths
3,260 ft²
$767/ft²
$2,499,000
Feb 4, 2023
-
$958/mo
Active
Condo
2
Beds
2.5
Baths
1,423 ft²
$1,651/ft²
$2,349,000
Nov 22, 2022
-
$1,040/mo
Active
Townhouse
6
Beds
7
Baths
4,075 ft²
$513/ft²
$2,090,000
Oct 13, 2022
-
$647/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
02/20/2023
|
|
Loft
|
-
|
-
|
$2,750,000
Loft
-
|
-
-
|
-
|
John Samson
Samson Properties
|
02/12/2021
|
|
Loft
|
-
|
-
|
$2,600,000
Loft
-
|
-
-
|
-
|
-
|
03/03/2019
|
|
Studio
|
-
|
-
|
$3,500,000
Studio
-
|
-
-
|
-
|
-
|
Building Info
507 H Street Northwest
507 H Street Northwest, Washington, DC 20001
- 1 Unit for Sale
About Northwest Washington
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$2,090,000
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