901 H Street

Turton Commercial Real Estate is pleased to offer to market 901 H Street, also known as “Court Plaza,” for the first time since its inception. Court Plaza represents a rare opportunity to acquire fee-simple interest in a pride of ownership asset, providing a stable cash flow and potential future upside as a value-add conversion project. The Property is being offered for sale, including the adjacent parking lot (approximately 8,600 SF), at $6,200,000 representing at $121 price per square foot on the building and while providing the buyer with an in-place capitalization rate of 6.1% based on rents well below market and inclusive of pro-forma property taxes.

Built in 1964, Court Plaza is a six-story office building located directly across the street from City Hall and the Gordon D. Schaber Courthouse. The Property boasts tangible features that create an enticing vision for future redevelopment of the Property, such as shotgun barrel roofing on both the first and sixth floors, extensive window lines, verandas on all floors, and most importantly, highly demised floorplates.