Storefront Property with Vacant
For Sale
$2,500,000
1818-1820 BENNING RD NE, Washington, DC 20002
Commercial Sale, WASHINGTON, DC
Property Size3,215 SF
Lot Size0.09 Acres
Price / SF$777.60
Days on Market448
Property Features for 1818-1820 BENNING RD NE
General Information
Property type
Other
Property subtype
Retail
Parking features
On Street
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
0.09 Acres
Taxes and HOA fees
Tax Annual Amount
24885
Utilities
Heating system
Central
Cooling system
Central Air
Building Details
Year built
1947
Building materials
Brick
Listing Agency:
EXP Realty, LLC
(833) 335-7433
Listed By:
SERIF SOYDAN · License #SP200205344
(312) 330-7300
Added: Aug 7, 2025
Changed: Sep 5
Last Checked: Oct 28 at 7:06PM
MLS# DCDC2214502
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.
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Investment Insights
Based on property information with market context.
This 3,215-square-foot brick storefront property was built in 1947 and contains two separate commercial spaces. The 1818 unit is occupied by a liquor store under lease through November 30, 2026, while the 1820 space is vacant and available for rental or owner-occupancy. Central heating and cooling serve the building, with on-street parking available.
The property occupies 0.0898 acres at 1818-1820 Benning Rd NE in Washington, DC. It is positioned near the H Street corridor, approximately one block from DC Streetcar and Metrobus stops, with access to I-295 and Route 50. The site is also within an Opportunity Zone and is identified as having potential for a multifamily mixed-use redevelopment incorporating retail space and 20+ residential units.
The property occupies 0.0898 acres at 1818-1820 Benning Rd NE in Washington, DC. It is positioned near the H Street corridor, approximately one block from DC Streetcar and Metrobus stops, with access to I-295 and Route 50. The site is also within an Opportunity Zone and is identified as having potential for a multifamily mixed-use redevelopment incorporating retail space and 20+ residential units.
Key Highlights
- 3,215 Sq. Ft. brick building on a 0.0898‑acre site
- Two storefront spaces: one occupied and one vacant for rental or owner‑occupancy
- Existing lease on 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
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.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
40,000 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Highway 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
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
Frequently Asked Questions
What type of property is this?
Storefront property - Brick commercial building includes an occupied retail space, a vacant unit, and central HVAC.
Where is this storefront 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: 3,215 Sq. Ft. brick building on a 0.0898‑acre site; Two storefront spaces: one occupied and one vacant for rental or owner‑occupancy; Existing lease on 1818 Benning Rd NE runs through November 30, 2026
