Capitol Hill Multiuse Investment
1364 E St SE, Washington, DC 20003
Centrally located Capitol Hill multiuse property with high traffic.
Type:Mixed Use, Multifamily, Office, Retail, Special Purpose
Property size:
3,200 SFPrice / SF:
$367/SF- Added:
- Feb 24, 2026
- Days on Market:
- 87
- Last Refresh:
- Mar 17 at 1:16 pm
Property Features for 1364 E St SE
General Information
- Standard status
- Active
- Size
- 3,200 SF
- Property subtype
- Mixed Use, Multifamily, Office, Retail, Special Purpose
Building Details
- Year Built
- 1916
Listing agent Chuck Burger License #SP89849
Listing office Coldwell Banker Realty
Listing date Feb 24, 2026
Source Crexi
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 Coldwell Banker Realty
HighLights
- Prime Capitol Hill location with high pedestrian and car traffic.
- Multiuse property with commercial space and a spacious 2BR apartment.
- First floor commercial space suitable for various businesses with potential for outdoor seating.
- Large, desirable 2BR apartment featuring abundant natural light, hardwood floors, in‑unit laundry, and ample storage.
- Unfinished basement provides development potential or storage space.
- Property can be delivered vacant, offering immediate flexibility.
Overview
This centrally located Capitol Hill multiuse property presents a fantastic investment opportunity for investors or end-users. Situated in a high pedestrian and car traffic location next to the Safeway Complex and surrounded by hundreds of luxury rental condos, this property benefits from a hot commercial area and proximity to Pennsylvania Avenue shops and restaurants, the Safeway Parking Garage, a dry cleaner, and the Potomac METRO station. The property features existing commercial use on the first floor with a basement, and a 1100+ square foot two-bedroom unit on the second floor. The first floor includes an open floor plan with a galley kitchen and a half bath, along with an unfinished lower floor with potential for development or storage. Currently used as a dog groomer, the first floor is suitable for medical or legal offices, retail, a pizza or coffee shop, or a cafe or restaurant. There is potential to develop substantial corner outside dining or general seating with public space approval. The second floor is a ready-to-rent, desirable, large two-bedroom unit with a sunny, open floor plan, windows, hardwood floors, a galley kitchen, washer and dryer, ample storage, and well-sized bedrooms. It is perfect for an owner-occupant or for generating substantial rental income. The property can be delivered vacant if desired. The property size is 3200 square feet.
Financial Insights
Value Estimation Calculated for Office B
Conservative
$1.13M
NOI $101,606 @ 9.00% cap · cautious / downside scenario
Moderate
$1.45M
NOI $101,606 @ 7.00% cap · market / base-case scenario
Aggressive
$2.03M
NOI $101,606 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Office B
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $161.3k | $50.40 |
| − Vacancy | −$25.8k | −$8.06 |
| EGI | $135.5k | $42.34 |
| − OpEx | −$33.9k | −$10.58 |
| NOI | $101.6k | $31.75 |
3,200 SF · lease $50.40/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Use Scenarios
Best Use
Office B
$1.45M
$1.27M – $1.69M
NOI $101,606 @ 7.0% cap · market cap 8.65%
Second Best
Apartment 5plus
$759.6K
$664.6K – $886.2K
NOI $53,170 @ 7.0% cap · market cap 4.53%
Theoretical Best
Office A
$1.65M
$1.44M – $1.92M
NOI $115,218 @ 7.0% cap · market cap 9.81%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Storefront properties
Location Insight
- Map
- Local Demand
- City
- Washington
- County
- District of Columbia
- State
- District of Columbia
- Longitude
- -76.9925
- Latitude
- 38.882
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Centrally located Capitol Hill multiuse property with high traffic.
Where is this mixed-use property located?
The property is located at 1364 E St SE Washington, DC.
What is the asking price?
The asking price for this property is $1,175,000.
What are key features of this property?
This property features: Prime Capitol Hill location with high pedestrian and car traffic.; Multiuse property with commercial space and a spacious 2BR apartment.; First floor commercial space suitable for various businesses with potential for outdoor seating.
