Brick Mixed-Use
For Sale
$658,000
3422 9TH STREET NE, Washington, DC 20017
Three-bedroom brick property suited to residential occupancy or a small office or retail operation.
Property Size1,536 SF
Price / SF$428.39
Days on Market49
Property Features for 3422 9TH STREET NE
General Information
Standard status
Active
Size
1,536 SF
Property subtype
Commercial
Site & Location
Neighborhood
Ft. Washington
Building Details
Year Built
1925
Buildings
1
Construction
brick
Listing Agency:
Sell DC Real Estate
(202) 255-1900
Listed By:
Susan McConkey · License #634237
(410) 340-7768
Source:
Cummingsrealtors
Added: Sep 11
Changed: Oct 27
Last Checked: Oct 28 at 8:12AM
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 Sell DC Real Estate
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Investment Insights
Based on property information with market context.
This mixed-use rowhome contains three bedrooms and approximately 1,536 square feet within a brick building constructed in 1925. The property is presented for either residential occupancy or a small office or retail use, providing a flexible layout for a live-work concept or compact commercial operation. Its prior occupant was a daycare center.
The property is located at 3422 9th Street NE in Washington, DC. It sits two doors from the former Colonel Brooks Tavern and below a new Catholic University development that includes Potbelly and Busboys and Poets. The address is also identified in residential listings, supporting consideration of both housing and small-scale commercial applications.
The property is located at 3422 9th Street NE in Washington, DC. It sits two doors from the former Colonel Brooks Tavern and below a new Catholic University development that includes Potbelly and Busboys and Poets. The address is also identified in residential listings, supporting consideration of both housing and small-scale commercial applications.
Key Highlights
- Mixed‑use property with residential or small office and retail use potential
- Three‑bedroom brick rowhome
- Approximately 1,536 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,344
Cap Rate
3.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$506,880
$506.9K
Cap Rate 7%
$362,057
$362.1K
Cap Rate 9%
$281,600
$281.6K
Market Conditions
NOI Build-Up for 1,536 SF
Gross rent
$46.1K $30.00/SF
− Vacancy
−$5.5K −$3.60/SF
EGI
$40.6K $26.40/SF
− OpEx
−$15.2K −$9.90/SF
NOI
$25.3K $16.50/SF
Area
Washington, DC
Vacancy
12.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$506,880
Cap Rate 7%
$362,057
Cap Rate 9%
$281,600
Alternative Uses
Best Use
Mixed Use
$362.1K
$316.8K – $422.4K
NOI $25,344 @ 7.0% cap · market cap 3.85%
Second Best
Retail
$352.1K
$308.1K – $410.7K
NOI $24,644 @ 7.0% cap · market cap 3.75%
Theoretical Best
Office A
$790.1K
$691.3K – $921.8K
NOI $55,305 @ 7.0% cap · market cap 8.41%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Current Use
Location Intelligence
Trade Area within ½ mile
1,403
Businesses Nearby
42k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 69%
Dining 21%
Home Improvements & Furnishings 10%
Chipotle Mexican Grill
Dining
8,216 visits/mo
0.2 miles
Shell
Shops & Services
6,672 visits/mo
0.3 miles
7-Eleven
Shops & Services
6,196 visits/mo
0.3 miles
Exxon
Shops & Services
5,981 visits/mo
0.3 miles
PNC Bank
Shops & Services
5,981 visits/mo
0.4 miles
Demographics for 20017, DC
20,293
Population
9,252
Households
2.2
Avg Household Size
37
Median Age
59%
College-Educated
92%
High-School Grad
2.2 sq mi
ZIP Area
9,224
Density / Sq Mi
$101,543
Median Household Income
$74,399
Median Earnings
$1,793
Median Rent
$686,400
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
Frequently Asked Questions
What type of property is this?
Mixed-use property - Three-bedroom brick property suited to residential occupancy or a small office or retail operation.
Where is this mixed-use property located?
The property is located at 3422 9TH STREET NE Washington, DC.
What is the asking price?
The asking price for this property is $658,000.
What are key features of this property?
This property features: Mixed‑use property with residential or small office and retail use potential; Three‑bedroom brick rowhome; Approximately 1,536 square feet
