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$745,000

Beds
3
Baths
1.5
sq ft
1,924

1363 H St NE, Washington, DC 20002

1363 H St NE

WASHINGTON, DC 20002

  • 12 days on market
    • Price drop $20,000↓
RARE FIND and Priced to Sell! Don’t miss this incredible opportunity to own a piece of the vibrant H Street Corridor in Washington, DC. This mixed-use property features commercial space on the ground level, perfect for a business, and a two-bedroom apartment on the upper level, offering the ideal live/work setup. Imagine living upstairs and running your business downstairs – a unique opportunity that blends convenience with the energy of one of DCs most dynamic neighborhoods. It also includes parking for two vehicles in the back accessed through the alley (the shed in the back can be torn down to accommodate 2 vehicles). The building is ready for a full renovation, allowing you to design the space to your specifications and increase its value. Zoning permits expansion, so you can even build up several stories, further maximizing the potential of this prime location. Additionally, the property offers rear alley access, providing the rare benefit of garage parking in the back—a significant bonus in this sought-after area. Surrounded by popular retailers like Aldi, Chick-fil-A, CVS, Safeway, Starbucks, and Whole Foods, as well as cultural venues such as the National Arboretum and Atlas Performing Arts Center, the location offers unmatched convenience for both business and residential tenants. The area’s strong demographics—over 167,900 residents within a 2-mile radius and an average household income exceeding $133,200—ensure a robust market for both retail and residential opportunities. The property boasts a Walk Score™ of 95 and is within walking distance of multiple DC Streetcar and Metrobus stops, providing easy access to Route 50 and I-295..Opportunities like this are few and far between, and this property will not last long. Schedule your private tour today and start envisioning the possibilities! This property address is also listed as COMMERCIAL SALE with MLS # DCDC2169702

Details

Property type

Est. home value

$634,244

Lot size

1,125 sq ft

Price per sq ft

$388

Year built

1930

Annual property taxes

$9,515

HOA

No

Price History

12/11/2024
Bright

Bright #DCDC2171530

Listed
$745,000

Schools & Community

Neighborhood: 

Near Northeast

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Interbay Funding Llc

Loan start date

August 2007

Original loan amount

$314,500

Est. remaining balance

Not provided

Interest rate

6.69%

Loan type

Commercial

Seller

Abraham Nessibu

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 12/23/2024 at 12:35 AM

Listing updated: 12/11/2024 at 3:19 PM

Listed by: Norman S Domingo, XRealty.NET LLC Phone #: (888) 838-9044

MLS: Bright #DCDC2171530

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