Commercial real estate comps along H street NE in Washington D.C. have risen steadily over the last 36 months from under $350 psf to over $ 550 psf. Douglas Development purchased the building at 501 H street for approximately $2,5M which measured 3,414 above grade and total building area of 4,320 square feet and has developed the site with 26 residential units and 9,000 sqf of retail. 1360 H street was sold as a turn key restaurant in 2014 for $618 sqf.
