Mixed-Use Building with Retail
For Sale
$2,500,000
1818-1820 BENNING RD NE, Washington, DC 20002
Two-unit property with an occupied liquor store and a vacant second space, positioned for mixed-use development or owner-occupancy.
Property Size3,215 SF
Lot Size0.09 Acres
Price / SF$777.60
Days on Market428
Property Features for 1818-1820 BENNING RD NE
General Information
Standard status
Active
Size
3,215 SF
Lot size
0.09 Acres
Property subtype
Retail
Financials
Business Included
Yes
Opportunity Zone
Yes
Additional Details
Traffic Count
40,000 vehicles/day
Multifamily Units
20
Taxes and HOA fees
Annual Taxes
$24,885
Building Details
Building Size
3,215 SF
Year Built
1947
Listing Agency:
EXP Realty, LLC
Listed By:
SERIF SOYDAN · License #SP200205344
(312) 330-7300
Source:
Kerishull
Added: Aug 7, 2025
Changed: Oct 3
Last Checked: Oct 7 at 3:18PM
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.
Located at 1818-1820 Benning Rd NE, Washington, DC 20002, this mixed-use building totals 3,215 square feet on a 0.09-acre lot and was built in 1947. The 1818 address is currently leased to a liquor store for approximately 1,955 square feet, with the lease in place through November 30, 2026 and annual rent of $45,799. The 1820 side is vacant and available for immediate rental or owner-occupancy.
The property sits within an Opportunity Zone. The remarks cite proximity to the H Street corridor and indicate access to major routes including 295 and Route 50. It is also described as one block from multiple Metrobus and DC Streetcar stops. The location is further characterized as having nearly 40,000 vehicles passing by daily, with nearby retail and multifamily activity within a 1-mile radius.
For tenants, buyers, and operators, the mix of an income-producing retail lease and a ready-to-activate second unit supports both leasing strategy and owner-occupancy. The vacant space is positioned as a fit for business use and, as described, may be eligible for SBA financing. The property is also presented as a redevelopment candidate for a multifamily mixed-use project, with the potential for 20+ residential units combined with ground-floor retail, subject to approvals.
The property sits within an Opportunity Zone. The remarks cite proximity to the H Street corridor and indicate access to major routes including 295 and Route 50. It is also described as one block from multiple Metrobus and DC Streetcar stops. The location is further characterized as having nearly 40,000 vehicles passing by daily, with nearby retail and multifamily activity within a 1-mile radius.
For tenants, buyers, and operators, the mix of an income-producing retail lease and a ready-to-activate second unit supports both leasing strategy and owner-occupancy. The vacant space is positioned as a fit for business use and, as described, may be eligible for SBA financing. The property is also presented as a redevelopment candidate for a multifamily mixed-use project, with the potential for 20+ residential units combined with ground-floor retail, subject to approvals.
Key Highlights
- Two‑unit property at 1818–1820 Benning Rd NE, Washington, DC 20002 on a 0.09‑acre lot
- 1818 Benning Rd NE is leased to a liquor store (~1,955 SF) with a lease in place until Nov 30, 2026 at $45,799/year
- 1820 Benning Rd NE is vacant and can be rented or used for owner‑occupancy (potential additional $45,000 annual rent)
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
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 authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
20
Residential units
40,000 VPD
Traffic count
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,174
Businesses Nearby
170k
Monthly Visits Nearby
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Washington, DC
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-unit property with an occupied liquor store and a vacant second space, positioned for mixed-use development or owner-occupancy.
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: Two‑unit property at 1818–1820 Benning Rd NE, Washington, DC 20002 on a 0.09‑acre lot; 1818 Benning Rd NE is leased to a liquor store (~1,955 SF) with a lease in place until Nov 30, 2026 at $45,799/year; 1820 Benning Rd NE is vacant and can be rented or used for owner‑occupancy (potential additional $45,000 annual rent)
