DC Investment & Development
1818-1820 BENNING RD NE Washington, DC 20002
For Sale
$2,500,000
Commercial Sale - WASHINGTON, DC
Property Size3,215 SF
Lot Size0.09 Acres
Price / SF$777.60
Days on Market353
Property Features for 1818-1820 BENNING RD NE
General Information
- Property type
- Other
- Property subtype
- Retail
- Parking features
- On Street
- Standard status
- Active
- Size
- 3,215 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Annual Amount
- 24885
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1947
- Building materials
- Brick
Listing Agency:
EXP Realty, LLC
(833) 335-7433
Listed By:
SERIF SOYDAN · License #SP200205344
(312) 330-7300
Added: Aug 7, 2025
Changed: Jun 9
Last Checked: Jul 25 at 9:06AM
MLS# DCDC2214502
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located in Washington, DC, this property presents an investment and development opportunity. The property, built in 1947, includes a building of 3,215 square feet on a 0.09-acre lot. Situated in an Opportunity Zone, the location offers potential tax benefits. One unit, at 1818 Benning Rd NE, is leased to a liquor store, occupying approximately 1,955 sq. ft., with a lease extending to November 30, 2026, and generating an annual rent of $45,799. The other unit, at 1820 Benning Rd NE, is vacant and suitable for immediate rental or owner-occupancy, potentially earning an additional $45,000 annually. The vacant unit's owner-occupancy potential makes the property eligible for SBA financing. The property allows for the development of a multifamily mixed-use project, potentially including over 20 residential units combined with ground-floor retail space. The location is near the H Street corridor, with access to Union Station via the H Street streetcar. The property is one block from Metrobus and DC Streetcar stops, providing access to major routes like 295 & Route 50. The surrounding area includes nearly 4,000 multifamily units and over 103,600 square feet of retail space proposed or under construction within a 1-mile radius. The location benefits from high visibility on a corridor with nearly 40,000 vehicles passing by daily.
Key Highlights
- Significant Development Potential: Rare opportunity to develop a multifamily mixed‑use project with potential for 20+ residential units and ground floor retail.
- Prime Location: Situated in a highly desirable area of Washington, DC, close to the vibrant H Street corridor and Union Station.
- Immediate Income Stream: Currently leased to a liquor store with a stable annual rent of $45,799 until November 2026.
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $108.0k | $33.60 |
| − Vacancy | −$5.2k | −$1.61 |
| EGI | $102.8k | $31.99 |
| − OpEx | −$30.9k | −$9.60 |
| NOI | $72.0k | $22.39 |
3,215 SF · lease $33.60/SF/yr · vacancy 4.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.03M
$899.8K – $1.20M
NOI $71,987 @ 7.0% cap · market cap 2.88%
Second Best
Mixed Use
$832.9K
$728.8K – $971.7K
NOI $58,304 @ 7.0% cap · market cap 2.33%
Theoretical Best
Office A
$1.66M
$1.45M – $1.94M
NOI $116,194 @ 7.0% cap · market cap 4.65%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Storefront properties
FAQs
What type of property is this?
Mixed-use property - Mixed-use property with income and development potential in Washington, DC.
Where is this mixed-use property located?
The property is located at 1818-1820 BENNING RD NE Washington, DC.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Significant Development Potential: Rare opportunity to develop a multifamily mixed‑use project with potential for 20+ residential units and ground floor retail.; Prime Location: Situated in a highly desirable area of Washington, DC, close to the vibrant H Street corridor and Union Station.; Immediate Income Stream: Currently leased to a liquor store with a stable annual rent of $45,799 until November 2026.
