Capitol Hill Retail/Office
For Sale
Contact for pricing
1210 Pennsylvania Ave. SE, Washington, DC 20003
Three-level retail/office property in Capitol Hill's commercial corridor.
Property Size2,196 SF
Price / SF$455.37
Days on Market201
Property Features for 1210 Pennsylvania Ave. SE
General Information
Standard status
Active
Size
2,196 SF
Property subtype
Office, Retail
Zoning
MU-4/CHC
Building Details
Year Built
1920
Buildings
1
Stories
3
Listing Agency:
Feldman Ruel
Listed By:
Josh Feldman · License #DC BR200201416
Source:
Crexi
Added: Mar 20
Changed: Oct 3
Last Checked: Oct 5 at 3:57PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Feldman Ruel
Investment Insights
Based on property information with market context.
Located on Capitol Hill's main commercial corridor, 1210 Pennsylvania Avenue SE is a three-level retail/office property. The property is situated near Barracks Row and Eastern Market, benefiting from a concentration of established retail and service providers. The location is within one of Washington, D.C.'s most stable and highly educated submarkets. The property is zoned MU-4/CHC, permitting a broad range of retail, office, and residential uses. The property contains 2,196 square feet. The building is delivered vacant, providing an opportunity for immediate occupancy upon sale. Transportation options include proximity to the Potomac Avenue and Eastern Market Metrorail stations, a Capital Bikeshare docking station, and I-695, I-395, and I-295, providing accessibility throughout the District and the greater metropolitan area.
Key Highlights
- Delivered vacant, allowing immediate occupancy.
- Located in Capitol Hill's main commercial corridor, near Barracks Row and Eastern Market.
- Zoned MU‑4/CHC, permitting a broad range of retail, office, and residential uses.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,234
Cap Rate
3.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$724,680
$724.7K
Cap Rate 7%
$517,629
$517.6K
Cap Rate 9%
$402,600
$402.6K
Market Conditions
NOI Build-Up for 2,196 SF
Gross rent
$65.9K $30.00/SF
− Vacancy
−$7.9K −$3.60/SF
EGI
$58.0K $26.40/SF
− OpEx
−$21.7K −$9.90/SF
NOI
$36.2K $16.50/SF
Area
Washington, DC
Vacancy
12.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$724,680
Cap Rate 7%
$517,629
Cap Rate 9%
$402,600
Alternative Uses
Best Use
Mixed Use
$517.6K
$452.9K – $603.9K
NOI $36,234 @ 7.0% cap · market cap 3.62%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.13M
$988.4K – $1.32M
NOI $79,069 @ 7.0% cap · market cap 7.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,987
Businesses Nearby
Explore this area
Business Placement
Demographics for 20003, DC
36,501
Population
20,817
Households
1.8
Avg Household Size
35
Median Age
81%
College-Educated
97%
High-School Grad
2.3 sq mi
ZIP Area
15,870
Density / Sq Mi
$159,604
Median Household Income
$107,846
Median Earnings
$2,630
Median Rent
$954,200
Median Home Value
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Three-level retail/office property in Capitol Hill's commercial corridor.
Where is this mixed-use property located?
The property is located at 1210 Pennsylvania Ave. SE Washington, DC.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Delivered vacant, allowing immediate occupancy.; Located in Capitol Hill's main commercial corridor, near Barracks Row and Eastern Market.; Zoned MU‑4/CHC, permitting a broad range of retail, office, and residential uses.
