1346 T STREET NW
Washington, DC 20009
Price Upon Request
Here's your opportunity to acquire a fully leased commercial asset in one of the District's most vibrant and sought-after neighborhoods. Located within the Greater U Street Historic District, this four-level property is currently tenant occupied and offers a stabilized income stream
The property is occupied by a well-established café/bar tenant that has successfully operated at the location since 2013. The existing lease has approximately five years remaining, with 3% annual rental increases, providing investors with predictable income growth.
A unique feature of this asset is its versatile layout. The third level is currently configured as a one-bedroom, one-bath residential apartment, while the second level offers the potential for conversion to an additional unit, subject to buyer due diligence, zoning requirements, and any necessary approvals. This configuration provides flexibility for future ownership considerations.
Positioned within the RTS-3 zoning district, the property offers flexibility for future use and redevelopment potential. The RTS-3 designation is intended to permit medium-density, mixed-use development with a focus on employment uses, making this an attractive acquisition for investors seeking both strong in-place returns and long-term value appreciation.
Situated just steps from the thriving U Street corridor, the property benefits from exceptional visibility, consistent foot traffic, and proximity to some of Washington, DC's most popular restaurants, entertainment venues, and neighborhood amenities
Listing Courtesy of: Long & Foster Real Estate, Inc.
240-602-5346
| Listing Id: | DCDC2267384 |
|---|---|
| Property Type: | Commercial Sale |
| Property Sub Type: | MixedUse |
| Status: | Active |
| Tax Annual Amount: | $21,753 |
| Lot Size Square Feet: | 1,233.0 |
| Lot Size Acres: | 0.03 |
| Waterfront?: | No |
| City: | Washington |
| Counties Or Regions: | Washington |
| Subdivision Name: | None Available |
| Postal Code: | 20009 |
| Year Built: | 1910 |
| Number Of Units Total: | 1 |
| Listing Agreement: | Exclusive Right |
| Frequency: | Annually |
| Financing Types: | Cash, Conventional |
| Client Application Edited Yn: | Yes |
| Mls List Date: | 2026-06-11 |
| Expected On Market Date: | 2026-06-11 |
| State Or Province: | DC |
| Postal Code Plus4: | 4439 |
| Legal Subdivision: | Old City 2 |
| Possession: | Immediate, Negotiable |
| Directions: | See maps - T & 13th st - Old City 2 |
| School District Sources: | Listing Agent |
| School District Key: | 121140357950 |
| Cooling: | Central A/C |
| Construction Materials: | Brick |
| Building Area Total: | 2,746.0 |
| Accessibility Features: | None |
| Heating: | Hot Water |
| Heating?: | Yes |
| Building Area Source: | Estimated |
| Year Built Source: | Estimated |
| Basement Yn: | No |
| Cooling Fuel: | Other |
| Heating Fuel: | Other |
| Hot Water: | 60+ Gallon Tank |
| Net Square Feet: | 2,716.0 |
| Central Air Yn: | Yes |
| Type Of Parking: | On Street |
| Assessment Year: | 2024 |
| In City Limits Yn: | Yes |
| City Town Tax: | $21,753.00 |
| City Tax Frequency: | Annually |
| County Tax Frequency: | Annually |
| Land Use Code: | 0 |
| Tax Assessment Amount: | $1,330,050.00 |
| Tax Year: | 2024 |
| Zoning: | ARTS-3 |
| Listing Tax: | 0238//0088 |
| Ownership: | Fee Simple |
| Special Listing Conditions: | Standard |
| Lot Size Source: | Estimated |
| Lot Size Units: | Square Feet |
| Soil Types: | Unknown |
| Total Actual Rent: | $96,000 |
| Owner Pays: | All Utilities, Taxes - Real Estate |
| Electric: | 200+ Amp Service |
| Sewer: | Public Sewer |
| Water Source: | Public |
| Business Type: | Restaurant/Bar |
| School District NameSchool District: | DISTRICT OF COLUMBIA PUBLIC SCHOOLS |
| Short Sales: | No |
| Property Use: | Investment |
| Tenancy Svo: | Multiple |
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Property Last Updated: October 27, 2026 01:07 AM - ET
