311 H Street Northeast

Washington DC 20002

10000 sq. ft.

Condo

Currently for sale - view listing

Overview

Plans of 16 apartment units and 2 commercial spaces approved. Ready to build your dream investment? Seize this remarkable investment opportunity in a highly sought-after location. The existing space is perfect for launching a retail establishment or maximizing potential by adding up to four additional floors of residential units. The building's robust structure is engineered to support these extra floors, making it equally ideal for high-capacity uses like a brewery. Featuring an authentic warehouse-style design, this property captivates with fully exposed brick walls and preserved historical details dating back to its origin as a 1950s auto shop. It's a unique blend of vintage charm and modern potential. Location is everything, and this space excels with its proximity?just a few blocks from Union Station and less than a mile from the Senate offices, ensuring constant activity and visibility. The neighborhood boasts a walk score of 93, highlighting its pedestrian-friendly nature, and the surrounding area has seen an average housing sale price of over $1 million within a half-mile radius in the last year. This vibrant community is well-positioned to support a variety of retail concepts and offers lucrative opportunities for high-end condos or rentals. Whether you're envisioning a chic retail outlet or a value-add residential development, this property offers endless possibilities for significant returns.