Mixed Use Value-Add Investment Opportunity | Washington DC

Highlights:

• Mixed-Use Configuration: Includes (2) residential units above ground-floor retail space.
• Vacant at Sale: The property is not subject to TOPA
• Development Potential: Adjacent building, on an identically sized and zoned lot, was recently built to included 6 levels of construction and 10 units
• Renovated Retail: Featuring new floors, lighting, cabinetry, front-facing windows and doors, a fully renovated bathroom, and a new hot water tank
• Proforma Net Income: Per Offering Memorandum offers a strong yield for value-add investors.
• Convenient location with easy access to public transportation, including the H Street trolley

Description:

RI Marketplace Online Auction June9-11, 2025
Register to bid on Marketplace:

https://rimarketplace.com/auction/2494/mixed-use-value-add-investment-opportunity-washington-dc?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=mixeduse_2494

Marcus & Millichap in conjunction with RealInsight Marketplace, is pleased to offer for sale a Prime Mixed-Use Investment & Development Opportunity in Washington DC along the vibrant H Street Corridor, a hub of entertainment, dining, and culture.

The property totals 2,302 square feet and includes two residential units—a 767-square-foot one-bedroom and a 384-square-foot studio—located above 1,151 square feet of ground-floor retail space. Currently vacant at the time of sale, the property is not subject to TOPA regulations allowing the new owner to immediately implement their vision.

In 2018, the retail level was completely renovated, with upgrades including new flooring, lighting, cabinetry, front-facing windows and doors, a fully updated bathroom, and a new hot water tank—enhancing both its aesthetic appeal and functionality.

The site also offers notable redevelopment potential. A neighboring property with identical lot size and zoning was recently transformed into a six-story building with ten residential units, demonstrating a successful model for maximizing density and value. With flexible zoning in place, this property can support a wide array of mixed-use or entirely residential development strategies.

Excellent transit accessibility with close proximity to major bus lines and the H Street trolley, connecting directly to Union Station and downtown DC. Situated on a bustling corridor with heavy foot traffic and walkable to restaurants, bars, and entertainment along H Street NE.

Lynne Zink
c/o Fisher Auction Company Inc.
License: 69004285

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