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Mon. Afternoon Rental Option – Retail Edition – H Street

by Prince Of Petworth April 1, 2013 at 3:00 pm 5 Comments

1427 H Street Northeast

This retail rental is located at 1427 H Street, NE:

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The listing says:

“1st FLOOR ONLY is $6,000 / Mo. The 2nd FLOOR is $3,500/ Mo. Whole building is $8,500/ Mo. NNN lease. Restaurant/ Bar/ Retail on H St. + Maryland Ave Corridor. Property is build-to-suit w/Brick walls. 4 doors: 2 on outside Patio ( Maryland Ave) & 2 on H st. Lease of 5 years available.”

For the curious…

  • Jay

    Well, at least the interior is in great shape.

  • Anonymous

    I’m not gonna lie, when I first saw the ad I was expecting to see the toilet from Trainspotting.

    I have no idea if $8.5K is a good deal or not for that locale. All I know is that you’re gonna have to do a crap ton of work to get a functioning business in this place.

    • I think it is pretty standard in a commercial lease for a lessee to have to do a substantial amount of work. Typically, a business will want to modify the interior to fit its business needs/style, so I doubt this is a big deal. Often, commercial leases do not even guarantee electricity or running water. The bigger issue I would think is the short-term lease. I would want 10 years if I were going to invest a ton of money in renovations.

  • greg

    That’s a pretty large property as it’s the width of two standard rowhome units and goes all the way through. The closest nearby size equivalents are Beirgarten Haus, Star & Shamrock, and R&R Hotel.

    And the given image is actually the backside of the building on Maryland Ave. Will make for another nice patio to go along with Argonaut two doors down.

  • Anonymous

    Look at the toilet picture — that is 2 toilets w/ no doors — just a wall in between. Ravi Kabobs has the same set up in the lady’s room.


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