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Historic Live-Work Building

601 E ST SE Washington, DC 20003

New
601 E ST SE, Washington, DC, 20003
$1,000,000
For Sale
$1,000,000

Commercial/Industrial - WASHINGTON, DC

Property Size2,437 SF
Lot Size0.02 Acres
Price / SF$410.34
Days on Market2

Property Features for 601 E ST SE

General Information

Property type
Commercial Sale
Property subtype
Other
Parking features
On Street
Standard status
Active
Lot size
0.02 Acres

Taxes and HOA fees

Tax Annual Amount
15940

Utilities

Heating system
Forced Air
Cooling system
Central Air

Building Details

Year built
1890
Flooring type
Carpet, Tile, Tile - Ceramic, Vinyl
Building materials
Brick
Architectural style
Other
Listing Agency Chevy Chase Circle
20 Chevy Chase Circle NW, DC
Listed by Eric P Stewart
Added: Jul 17 Checked: Jul 18 at 5:06 pm
MLS# DCDC2273796 Listing URL

Copyright © 2026 Long & Foster Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

Located at 601 E St SE in Washington, DC 20003, this historic live-work building dates to circa 1890 and is approved for both commercial and residential use. The property is comprised of three finished levels totaling 2,437 square feet, with two full bathrooms and an English basement kitchen. The main level is designed as a flexible space for either reception/workspace/conference use or family living. Upstairs, three rooms can function as private offices or bedrooms.

Throughout the interior, original architectural elements have been preserved, including the original facade, shutters, windows, doors, high ceilings, exposed brick walls, a wood-burning fireplace, and exposed wood beams. Two sets of multi-paned glass doors open to an elevated brick patio, extending the living and working space outdoors.

Recent updates include interior freshly painted and exterior touch-ups. The roof is reported to be 10–15 years old, and the heating and AC systems are reported to be less than 5 years old. The property is described as a quick five-minute walk to Eastern Market Metro, about an 18-minute walk to the U.S. Capitol, and roughly two blocks from Barracks Row dining and nightlife, with Nationals Park, Navy Yard, and the Wharf nearby.

Key Highlights

  • Circa 1890 brick mixed‑use property with 2,437 total SF across three finished levels
  • Approved for both commercial and residential use, with a main‑level space for reception/workspace/conference or family living
  • Upper level includes three rooms usable as private offices or bedrooms; two full bathrooms plus English basement kitchen

Local Financial Insights For Office B

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 $122.8k $50.40
− Vacancy −$19.7k −$8.06
EGI $103.2k $42.34
− OpEx −$25.8k −$10.58
NOI $77.4k $31.75
2,437 SF · lease $50.40/SF/yr · vacancy 16.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.11M
$967.3K – $1.29M (±1% cap)
NOI $77,380 @ 7.0% cap · market cap 7.74%
Second Best
Mixed Use
$574.4K
$502.6K – $670.2K (±1% cap)
NOI $40,211 @ 7.0% cap · market cap 4.02%
Theoretical Best
Office A
$1.25M
$1.10M – $1.46M (±1% cap)
NOI $87,746 @ 7.0% cap · market cap 8.77%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Live-work space

Suggested Use

(Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Nursing Home (Bike/Boat/Book/etc) Store Home Appliance Store Tanning Salon Nursing Home (Bike/Boat/Book/etc) Store Florist Arcade & Gaming Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Live-work space - Mixed-use property with preserved circa-1890 character, three finished levels, two full baths, and an elevated brick patio access.
Where is this live-work space located?
The property is located at 601 E ST SE Washington, DC.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Circa 1890 brick mixed‑use property with 2,437 total SF across three finished levels; Approved for both commercial and residential use, with a main‑level space for reception/workspace/conference or family living; Upper level includes three rooms usable as private offices or bedrooms; two full bathrooms plus English basement kitchen
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