Capitol Hill Mixed-Use
729 8TH SE STREET, Washington, DC 20003
Three-story mixed-use building in Barracks Row on Capitol Hill.
Type:Commercial/Industrial
Property size:
6,400 SFLot size:
0.05 AcresPrice / SF:
$500/SF- Added:
- Mar 12, 2026
- Days on Market:
- 72
- Last Refresh:
- Apr 6 at 2:11 am
Property Features for 729 8TH SE STREET
General Information
- Standard status
- Active
- Size
- 6,400 SF
- Lot size
- 0.05 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1930
Listing agent Charles A Burger
Listing office Coldwell Banker Realty - Washington (202) 547-3525
Listing date Mar 12, 2026
Source Exitrealty
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
HighLights
- Mixed‑use building with flexible floorplan suitable for commercial and residential rentals.
- Prime location in the Barracks Row commercial corridor on Capitol Hill.
- Potential for 3 commercial and 2 residential rental units, or redevelopment opportunities.
- Building size of 6400 GSF on a 2,182 SF lot with rear parking.
- First floor retail space (1550 SF) suitable for dental, medical, or restaurant/food service, with a finished lower level and separate entrance.
- Property can be delivered vacant.
Overview
This well-maintained three-story mixed-use building, reportedly built in 1930 and renovated in 1981 with subsequent upgrades, is located at 729 8th Street SE in the Barracks Row commercial corridor on Capitol Hill. The building has 6400 GSF and sits on a 2,182 square foot lot with a parking area in the rear. The retail level, with 1550 SF, is currently built out for dental, medical practice, or restaurant/food service. The upper floors, accessible via a separate entrance and staircase, include two commercial offices of 600 SF and 800 SF on the second floor, and two residential units of 800 SF and 600 SF on the third floor. A finished lower floor, connected to the retail level and with a separate alley entrance, could potentially serve as an additional rental unit. The building's flexible usage and floorplan allow for potential rental of three commercial spaces and two apartments. Barracks Row Main Street, recognized for economic development, features a mix of restaurants, shops, offices, and stores. The property is centrally located near the Eastern Market METRO station, Pennsylvania Avenue, the US Marine Barracks, and the Historic Eastern Market, serving as a transportation hub with access to Metro, Metro Bus, and highways to Virginia and Metro. The area is an active destination for DC workers, visitors, and tourists. The entire property can be delivered vacant.
Financial Insights
Value Estimation Calculated for Office B
Conservative
$2.26M
NOI $203,213 @ 9.00% cap · cautious / downside scenario
Moderate
$2.90M
NOI $203,213 @ 7.00% cap · market / base-case scenario
Aggressive
$4.06M
NOI $203,213 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Office B
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $322.6k | $50.40 |
| − Vacancy | −$51.6k | −$8.06 |
| EGI | $271.0k | $42.34 |
| − OpEx | −$67.7k | −$10.58 |
| NOI | $203.2k | $31.75 |
6,400 SF · lease $50.40/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Use Scenarios
Best Use
Office B
$2.90M
$2.54M – $3.39M
NOI $203,213 @ 7.0% cap · market cap 6.35%
Second Best
Apartment 5plus
$1.52M
$1.33M – $1.77M
NOI $106,339 @ 7.0% cap · market cap 3.32%
Theoretical Best
Office A
$3.29M
$2.88M – $3.84M
NOI $230,437 @ 7.0% cap · market cap 7.20%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Daniel Nicholas E ...
Dental Office
Washington Dental Health ...
Dental Office
Dr. Phillip S. ...
Dental Office
Anacostia Riverkeeper
Charitable Organization
Alliance for the Chesapeake Bay ...
Charitable Organization
Location Insight
- Map
- Local Demand
- City
- Washington
- County
- District of Columbia
- State
- District of Columbia
- Longitude
- -76.9953
- Latitude
- 38.8802
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Three-story mixed-use building in Barracks Row on Capitol Hill.
Where is this mixed-use property located?
The property is located at 729 8TH SE STREET Washington, DC.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: Mixed‑use building with flexible floorplan suitable for commercial and residential rentals.; Prime location in the Barracks Row commercial corridor on Capitol Hill.; Potential for 3 commercial and 2 residential rental units, or redevelopment opportunities.
