Mixed-Use Office and Residential
For Sale
$2,850,000
517 517-519 11th St SE, Washington, DC 20003
Renovated 1933 art deco mixed-use building zoned MU-4 with office and self-storage plus two 3BR/2BA units.
Property Size10,090 SF
Price / SF$282.46
Days on Market10
Property Features for 517 517-519 11th St SE
General Information
Standard status
Active
Size
10,090 SF
Building Details
Year Built
1933
Listing Agency:
Berkshire Hathaway HomeServices PenFed Realty
(202) 270-6368
Listed By:
Peter D Grimm · License #SP98366089
Source:
Kandorre
Added: Jul 21
Changed: Jul 22
Last Checked: Jul 30 at 8:54AM
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 Berkshire Hathaway HomeServices PenFed Realty
Investment Insights
Based on property information with market context.
This beautifully renovated 1933 Art Deco mixed-use building is zoned MU-4 and offers a combination of commercial and residential space. The property includes space suited for office use and self-storage, along with two updated, spacious three-bedroom, two-bath residential apartment units. A shared rooftop terrace complements the residential portion, while preserved original features such as high ceilings, oversized windows, and skylights contribute to the building’s character. Large open meeting rooms and abundant collaborative workspaces round out the commercial experience.
Positioned just off Pennsylvania Avenue on Capitol Hill, the building is described as being near the U.S. Capitol, House and Senate offices, Eastern Market, Barracks Row, and Union Station. It sits between two three-line Metro stations (O, B, S), and the public remarks note a 96 Walk Score and easy access to I-295/695/395 as well as DCA, BWI, and IAD.
Additional details and tour scheduling are available upon request.
Positioned just off Pennsylvania Avenue on Capitol Hill, the building is described as being near the U.S. Capitol, House and Senate offices, Eastern Market, Barracks Row, and Union Station. It sits between two three-line Metro stations (O, B, S), and the public remarks note a 96 Walk Score and easy access to I-295/695/395 as well as DCA, BWI, and IAD.
Additional details and tour scheduling are available upon request.
Key Highlights
- 1933 art deco mixed‑use building with office and self‑storage components
- Zoned MU‑4 and includes a mix of commercial uses including office and self storage
- Two updated 3‑bedroom, 2‑bath residential apartment units
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $272.4k | $27.00 |
| − Vacancy | −$14.2k | −$1.40 |
| EGI | $258.3k | $25.60 |
| − OpEx | −$77.5k | −$7.68 |
| NOI | $180.8k | $17.92 |
10,090 SF · lease $27.00/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Office B
$4.58M
$4.00M – $5.34M
NOI $320,378 @ 7.0% cap · market cap 11.24%
Second Best
Multifamily LT 5
$2.58M
$2.26M – $3.01M
NOI $180,785 @ 7.0% cap · market cap 6.34%
Theoretical Best
Office A
$5.19M
$4.54M – $6.05M
NOI $363,298 @ 7.0% cap · market cap 12.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,506
Businesses Nearby
Explore this area
Business Placement
Demographics for 20003, DC
36,501
Population
20,817
Households
1.8
Avg Household Size
35
Median Age
81%
College-Educated
97%
High-School Grad
2.3 sq mi
ZIP Area
15,870
Density / Sq Mi
$159,604
Median Household Income
$107,846
Median Earnings
$2,630
Median Rent
$954,200
Median Home Value
Market
Vacancy Rate% for Office in Washington, DC
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Renovated 1933 art deco mixed-use building zoned MU-4 with office and self-storage plus two 3BR/2BA units.
Where is this office building located?
The property is located at 517 517-519 11th St SE Washington, DC.
What is the asking price?
The asking price for this property is $2,850,000.
What are key features of this property?
This property features: 1933 art deco mixed‑use building with office and self‑storage components; Zoned MU‑4 and includes a mix of commercial uses including office and self storage; Two updated 3‑bedroom, 2‑bath residential apartment units
