REO Sale: 450 H Street | Vacant Office, Owner-User Ready

$300,000 Starting Bid

Auctioneer: Lynne Zink

Auctioneer Company: c/o Fisher Auction Company Inc.

Auctioneer License: 69004285

Brokered by Cushman & Wakefield and powered by RealINSIGHT Marketplace, 450 H Street NW is a 31,340 SF, ten-story Class B office building in Washington, DC's East End, offered as an REO sale and delivered entirely vacant. The property sits on the north side of H Street between 4th and 5th Streets NW, two-tenths of a mile from Judiciary Square Metro, a quarter mile from Gallery Place-Chinatown, and roughly two blocks from Capital One Arena, where an $800 million renovation backed by a $515 million District investment is underway. Zoned D-4-R, the downtown district with a high-density residential emphasis, the building supports four paths to value: an owner-user seeking a self-contained Washington address, a value-add investor leasing into the East End's flight-to-quality market, a converter tapping the District's office-to-residential momentum, or a developer reimagining the site. The existing improvements represent an 8.87 FAR under a 110-foot height limit, well above the 3.5 FAR available for new office construction without credits. Built in 1986, the reinforced-concrete building features a side-core layout suited to full-floor users, two elevators, central HVAC, full sprinkler coverage and four below-grade parking spaces. Chinatown's 7th and H Street dining corridor, CityCenterDC and the Walter E. Washington Convention Center are all within a half-mile walk.

A True Blank Canvas, Delivered Vacant

No leases or holdover tenancy, so a new owner can occupy, lease, convert or redevelop on day one.

Two Blocks From Judiciary Sq and Chinatown

Red, Green and Yellow Line access, with Union Station 0.7 miles and the U.S. Capitol 0.8 miles away.

D-4-R Zoning With a Residential Emphasis

Existing 8.87 FAR under a 110-foot limit exceeds the 3.5 FAR allowed for new office without credits.

Two Blocks From an $800M Arena Overhaul

Capital One Arena's renovation, backed by $515M from the District, draws roughly 250 events a year.

DC Ranks #2 in Office-to-Resi Conversions

8,479 units underway and a downtown housing abatement scaling to $41M annually by FY2028.

Downtown's Amenity Core Within a Half-Mile

CityCenterDC, the 2.3M SF Convention Center and Chinatown's 7th and H corridor are all walkable.

View details and diligence materials on RI Marketplace: