Adjacent Retail
For Sale
$850,000
1431-1433 MARION BARRY AVE SE, Washington, DC 20020
Commercial Sale, WASHINGTON, DC
Property Size2,000 SF
Lot Size0.10 Acres
Price / SF$425
Days on Market50
Property Features for 1431-1433 MARION BARRY AVE SE
General Information
Property type
Other
Property subtype
Retail
Parking features
On Street
Subdivision
ANACOSTIA
High school
ANACOSTIA
Elementary school district
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Middle school district
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
High school district
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Standard status
Active
Lot size
0.10 Acres
Taxes and HOA fees
Tax Annual Amount
5188
Utilities
Heating system
Central
Cooling system
Central Air
Building Details
Year built
1922
Building materials
Brick
Listing Agency:
Heymann Realty, LLC
(301) 439-1180
Listed By:
Meseret Agonafir · License #SP98369361
(202) 487-4943
Added: Aug 27
Last Checked: Oct 15 at 6:06AM
MLS# DCDC2279398
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.
This brick commercial property contains two adjoining retail spaces of approximately 1,000 square feet each. The separate areas provide a combined storefront configuration, with central heating and central air conditioning. On-street parking serves the property.
The spaces have established histories as neighborhood-oriented service businesses: one operated as a check-cashing location for at least 10 years, while the other housed a unisex hair salon for at least 12 years. Constructed in 1922, the property is located at 1431-1433 Marion Barry Ave SE in Washington, DC 20020.
The spaces have established histories as neighborhood-oriented service businesses: one operated as a check-cashing location for at least 10 years, while the other housed a unisex hair salon for at least 12 years. Constructed in 1922, the property is located at 1431-1433 Marion Barry Ave SE in Washington, DC 20020.
Key Highlights
- Two adjacent retail spaces, approximately 1,000 sq ft each
- Brick commercial building constructed in 1922
- One space operated as a check‑cashing location for at least 10 years
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,752
Cap Rate
3.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$635,040
$635.0K
Cap Rate 7%
$453,600
$453.6K
Cap Rate 9%
$352,800
$352.8K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$48.0K $24.00/SF
− Vacancy
−$2.6K −$1.32/SF
EGI
$45.4K $22.68/SF
− OpEx
−$13.6K −$6.80/SF
NOI
$31.8K $15.88/SF
Area
ZIP 20020
Vacancy
5.50%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$635,040
Cap Rate 7%
$453,600
Cap Rate 9%
$352,800
Alternative Uses
Best Use
Retail
$453.6K
$396.9K – $529.2K
NOI $31,752 @ 7.0% cap · market cap 3.74%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.03M
$903.5K – $1.20M
NOI $72,282 @ 7.0% cap · market cap 8.50%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,140
Businesses Nearby
6k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 71%
Shops & Services 29%
Starbucks
Dining
4,578 visits/mo
0.4 miles
Truist
Shops & Services
1,899 visits/mo
0.2 miles
Demographics for 20020, DC
51,616
Population
26,376
Households
2
Avg Household Size
34
Median Age
28%
College-Educated
89%
High-School Grad
4.6 sq mi
ZIP Area
11,221
Density / Sq Mi
$53,015
Median Household Income
$48,752
Median Earnings
$1,317
Median Rent
$442,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Washington, DC
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Frequently Asked Questions
What type of property is this?
Storefront property - Two connected commercial spaces offer flexible street-level retail configuration with central heating and cooling.
Where is this storefront property located?
The property is located at 1431-1433 MARION BARRY AVE SE Washington, DC.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Two adjacent retail spaces, approximately 1,000 sq ft each; Brick commercial building constructed in 1922; One space operated as a check‑cashing location for at least 10 years
