1307 H Street NE is a mixed-use building with an active ABRA liquor license in the sought-after H Street corridor and the Atlas District. This three-story, 2,675-square-foot property will be vacated at the time of sale and includes a fully licensed retail space that serves as a restaurant with a bar and basement storage. The upper levels consist of two adjoining lounge spaces that can serve as two independent offices, apartments, bars, nightclubs, or restaurants. The building has a mid-block orientation along the southern line of H Street NE, between the intersections of 13th and 14th Streets. Situated in the desirable Atlas District neighborhood two blocks west of the lively Starburst Intersection, 1307 H Street NE has excellent positioning for retail, restaurant, and entertainment use. Retailers nearby include Whole Foods, a 190,000-square-foot Safeway, Modell’s, and the Ross-anchored Hechinger Mall at the northeastern corner of Maryland Avenue and Benning Road. Revitalization is underway near the Central Business District, Union Station, and Gallaudet University. 1307 H Street NE is near the US Capitol and Union Station, with excellent visibility from the long-awaited DC Streetcar in front of the property.
1307 H Street NE is an impeccable value-add investment or owner/user opportunity in the flourishing Capitol Hill submarket. With demand on the rise, vacancies continue to shrink, and retail rental rates are consistently growing. The asset is among a growing population of 326,723 residents within a three-mile radius, producing an average household income of about $130,000. This population also has a generous spending power of over $4.9 billion annually. 1307 H Street NE is primed as the next fruitful business venture for a savvy investor looking to generate revenue in a historically successful market.
Property tours are available by appointment only. Please contact the broker to schedule. Listed by Michael Arias | Capital Brokers DC BR98374513.