Two-Unit Storefront
For Sale
$2,500,000
1818 1818-1820 Benning Rd NE, Washington, DC 20002
Commercial building with one leased storefront and a second space available for occupancy or leasing.
Property Size3,215 SF
Lot Size0.09 Acres
Price / SF$777.60
Days on Market49
Property Features for 1818 1818-1820 Benning Rd NE
General Information
Standard status
Active
Size
3,215 SF
Lot size
0.09 Acres
Financials
Gross Income
$45,799
Opportunity Zone
Yes
Site & Location
Traffic Count
40,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
1947
Tenancy
Multi
Listing Agency:
EXP Realty, LLC
Listed By:
SERIF SOYDAN · License #0225244507
(312) 330-7300
Source:
Kandorre
Added: Aug 20
Changed: Oct 1
Last Checked: Oct 6 at 12:09AM
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 EXP Realty, LLC
Investment Insights
Based on property information with market context.
This 3,215-square-foot storefront property at 1818-1820 Benning Rd NE includes two separate commercial spaces in a building constructed in 1947. The 1818 space contains approximately 1,955 square feet and is leased through November 30, 2026. The adjoining 1820 space is vacant and can be leased or occupied by an owner. The property sits on a 0.09-acre lot and is located within an Opportunity Zone.
The site is positioned near the H Street Corridor, with Metrobus and DC Streetcar stops one block away. Major connections include I-295 and Route 50, while Union Station is accessible via the H Street streetcar. The property is also near Aldi, Chick-fil-A, CVS, Safeway, Starbucks, the National Arboretum, and Atlas Performing Arts Center.
Within a 1-mile radius, nearly 4,000 multifamily units and more than 103,600 square feet of retail space are proposed or under construction. The source property information also identifies potential for a multifamily mixed-use project with 20+ residential units and ground-floor retail, subject to permitting.
The site is positioned near the H Street Corridor, with Metrobus and DC Streetcar stops one block away. Major connections include I-295 and Route 50, while Union Station is accessible via the H Street streetcar. The property is also near Aldi, Chick-fil-A, CVS, Safeway, Starbucks, the National Arboretum, and Atlas Performing Arts Center.
Within a 1-mile radius, nearly 4,000 multifamily units and more than 103,600 square feet of retail space are proposed or under construction. The source property information also identifies potential for a multifamily mixed-use project with 20+ residential units and ground-floor retail, subject to permitting.
Key Highlights
- 3,215‑square‑foot building on a 0.09‑acre lot
- Two commercial spaces, including approximately 1,955 square feet at 1818 Benning Rd NE
- Existing lease at 1818 Benning Rd NE runs through November 30, 2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$71,987
Cap Rate
2.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,439,740
$1.4M
Cap Rate 7%
$1,028,386
$1.0M
Cap Rate 9%
$799,856
$799.9K
Market Conditions
NOI Build-Up for 3,215 SF
Gross rent
$108.0K $33.60/SF
− Vacancy
−$5.2K −$1.61/SF
EGI
$102.8K $31.99/SF
− OpEx
−$30.9K −$9.60/SF
NOI
$72.0K $22.39/SF
Area
ZIP 20002
Vacancy
4.80%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,439,740
Cap Rate 7%
$1,028,386
Cap Rate 9%
$799,856
Alternative Uses
Best Use
Retail
$1.03M
$899.8K – $1.20M
NOI $71,987 @ 7.0% cap · market cap 2.88%
Second Best
—
—
no second resolved use
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 authorities.
Property Analytics
Current Use
Lease Details
40,000 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,174
Businesses Nearby
170k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 44%
Shops & Services 30%
Dining 26%
Safeway
Groceries
43,318 visits/mo
0.2 miles
Aldi
Groceries
31,612 visits/mo
0.2 miles
Chick-fil-A
Dining
27,104 visits/mo
0.5 miles
McDonald's
Dining
15,820 visits/mo
0.2 miles
7-Eleven
Shops & Services
10,092 visits/mo
0.3 miles
Demographics for 20002, DC
69,422
Population
38,459
Households
1.8
Avg Household Size
33
Median Age
70%
College-Educated
95%
High-School Grad
5.1 sq mi
ZIP Area
13,612
Density / Sq Mi
$114,482
Median Household Income
$82,909
Median Earnings
$2,140
Median Rent
$813,700
Median Home Value
Market
Vacancy Rate% for Retail in Washington, DC
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Commercial building with one leased storefront and a second space available for occupancy or leasing.
Where is this storefront property located?
The property is located at 1818 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: 3,215‑square‑foot building on a 0.09‑acre lot; Two commercial spaces, including approximately 1,955 square feet at 1818 Benning Rd NE; Existing lease at 1818 Benning Rd NE runs through November 30, 2026
