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1224 H Street NE, Washington, DC 20002
$1,200,000
1224 H Street NE, Washington, DC 20002View this property at 1224 H Street NE, Washington, DC 20002
1224 H Street NEWashingtonDC20002
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Property Description
🏢🍽️ Exciting opportunity on H St! A fully equipped restaurant in the heart of the thriving H St Corridor. With 2 levels of seating, a full bar, and a well-equipped kitchen, including fryers, grills, and walk-in refrigerators, as well as under counter refrigeration. This is a turnkey operation. Whether you're looking to purchase, lease, or combine with 1222 H for a bigger project, this property offers tremendous potential. Take advantage of the recently approved bonus FAR by BZA and unlock even more value. 🚀💼 #HStCorridor #RestaurantForSale #RealEstateOpportunity
Full Property Details
Full Property Details for 1224 H St NE
General
- Price: $1,200,000
- Taxes: $12,771 (2023)
- Status: Active
- Type: Business
- MLS ID: DCDC2140626
- Updated: 5/22/2024
- Added to Site: 32 day(s) ago
Business
- Business Type: Restaurant/Bar
Parking
- Parking Type: None
Location
- County: Washington
- Development Name: H Street Corridor
- Subdivision: H Street Corridor
- Driving Directions: See map quest
- City Limits: Yes
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: 90% Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick
- Stories/Levels: 0
- Year Built: 1900
- Year Built Source: Estimated
- Property Condition: Good
Unit Information
- # Tenants: Single
Lot Features
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,260
- Lot Size Source: Estimated
- Zoning: NMU-4/H-A
Financial Considerations
- Price Per Sq. Ft.: $588.81
- Assessment Year: 2023
- City/TownTax: $12,771
- City/TownTax Freq: Annually
- Tax w/Assessment: $774,000
- Tax Amount: $12,771
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 1.5%
- Ownership: Fee Simple
Listed by Long & Foster Real Estate, Inc., Henry S Purcell
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Schools
Schools serving 1224 H St NE
School District:District Of Columbia Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
660 K St Ne, Washington, DC 20002 | PK-5 | 0.5 mi | |
410 E St Ne, Washington, DC 20002 | 6-8 | 0.6 mi | |
1700 E Capitol St Ne, Washington, DC 20003 | 9-12 | 0.9 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1224 H St NE
Date
Details
Price
Change
Source
5/07/2024
Listed
$1,200,000
118.18%
MLS
4/05/2005
Sold
$550,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1224 H St NE
Year
Property Taxes
Change
Tax Assessment
Change
2023
$18,508
53%
$774,000
5%
2022
$12,121
-1%
$734,580
-1%
2021
$12,228
2%
$741,090
2%
2020
$11,994
8%
$726,880
8%
2019
$11,136
7%
$674,910
7%
2018
$10,369
5%
$628,420
5%
2017
$9,865
8%
$597,870
8%
2016
$9,099
—
$551,440
—
2015
$9,062
—
$549,200
—
2014
$9,070
—
$549,720
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1224 H St NE
1224 H Street NE, Washington, DC 20002 (MLS# DCDC2140626) is a Business property. 1224 H Street NE is currently listed for $1,200,000 and was received on May 07, 2024. Want to learn more about 1224 H Street NE? Do you have questions about finding other Business real estate for sale in Washington? You can browse all Washington real estate or contact a Coldwell Banker agent to request more information.