Refurbished Live-Work
315 - 313 8TH STREET NE, Washington, DC 20002
For Sale
Contact for pricing
Two-level property combines commercial frontage with office and living areas.
Property Size1,610 SF
Price / SF$4.04
Days on Market102
Property Features for 315 - 313 8TH STREET NE
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Building Details
Year Built
Buildings
Stories
Listing Agency:
Coldwell Banker Realty - Washington
(202) 547-3525
Listed By:
Charles A Burger · License DC #999999
(202) 258-5316
Source:
Cummingsrealtors
Added: Jul 31
Changed: Nov 8
Last Checked: Nov 8 at 6:23AM
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 - Washington
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1610 SF live-work property is arranged across two floors with a commercial-oriented first level and a connected second floor. The first floor includes frontage, a reception area, private offices, a powder room, storage, and access to on-site parking. The upper level has a private entrance, living or conference space, three office or bedroom rooms, a kitchen, and a full bathroom. Both floors were refurbished by the previous tenant.
The property is located at 313 8TH STREET NE in Washington, DC, within the Capitol Hill area. The Capitol is eight blocks away, and Downtown is accessible within minutes. The two-floor configuration supports a combined commercial and residential setup, with internal circulation between levels and separate access to the second floor.
The property is located at 313 8TH STREET NE in Washington, DC, within the Capitol Hill area. The Capitol is eight blocks away, and Downtown is accessible within minutes. The two-floor configuration supports a combined commercial and residential setup, with internal circulation between levels and separate access to the second floor.
Key Highlights
- 1610 SF live‑work property arranged across two floors
- First‑floor commercial frontage with reception area and private offices
- Second floor includes living or conference area, 3 office/bedrooms, kitchen, and full bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,197
Suggested Prices Based on Cap Rates
Cap Rate 5%
$583,940
$583.9K
Cap Rate 7%
$417,100
$417.1K
Cap Rate 9%
$324,411
$324.4K
Market Conditions
NOI Build-Up for 1,610 SF
Gross rent
$50.2K $31.20/SF
− Vacancy
−$3.5K −$2.18/SF
EGI
$46.7K $29.02/SF
− OpEx
−$17.5K −$10.88/SF
NOI
$29.2K $18.13/SF
Area
ZIP 20002
Vacancy
7.00%
Lease Rate
$31.20 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$583,940
Cap Rate 7%
$417,100
Cap Rate 9%
$324,411
Alternative Uses
Best Use
Office B
$767.3K
$671.4K – $895.1K
NOI $53,708 @ 7.0% cap
Second Best
Retail
$515.0K
$450.6K – $600.8K
NOI $36,050 @ 7.0% cap
Theoretical Best
Office A
$831.2K
$727.3K – $969.8K
NOI $58,187 @ 7.0% cap
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
Location Intelligence
Trade Area within ½ mile
4,172
Businesses Nearby
Explore this area
Business Placement
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 Office in Washington, DC
Frequently Asked Questions
What type of property is this?
Live-work space - Two-level property combines commercial frontage with office and living areas.
Where is this live-work space located?
The property is located at 315 - 313 8TH STREET NE Washington, DC.
What are key features of this property?
This property features: 1610 SF live‑work property arranged across two floors; First‑floor commercial frontage with reception area and private offices; Second floor includes living or conference area, 3 office/bedrooms, kitchen, and full bath
