Commercial Unit in Barracks
For Sale
$255,000
733 8TH STREET SE Unit 01, Washington, DC 20003
Street-level commercial unit in a 10-unit residential development.
Property Size498 SF
Days on Market232
Property Features for 733 8TH STREET SE Unit 01
General Information
Standard status
Active
Size
498 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Penn Quarter
Building Details
Building Size
498 SF
Year Built
2025
Listing Agency:
Fairfax Realty Premier
Listed By:
Bruno Tarquinii
(240) 418-3809
Source:
Kwcapitalproperties
Added: Mar 11
Changed: Oct 25
Last Checked: Oct 28 at 2:54PM
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 Fairfax Realty Premier
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Investment Insights
Based on property information with market context.
This commercial street-level unit is located within a 10-unit residential development in the heart of Capitol Hill. The property is situated within the Barracks Row retail district, near Eastern Market, and offers convenient access to two Metro stations. The unit features high-end modern finishes, including oak flooring, matte black fixtures, energy-efficient LED lighting, and quartz countertops. Seller financing is available. First Savings is offering both Fixed Rate and ARM loans, for immediate close, with up to 90% loan-to-value and no mortgage insurance required, plus a $500 Lender Credit. Federal Title is the preferred title company for settlement. Limited off-street parking is available for purchase separately.
Key Highlights
- Prime Capitol Hill location in the Barracks Row retail district, near Eastern Market and two Metro stations.
- High‑end modern finishes including oak flooring and quartz countertops.
- New construction (2025) within a boutique 10‑unit development.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,990
Cap Rate
3.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$159,800
$159.8K
Cap Rate 7%
$114,143
$114.1K
Cap Rate 9%
$88,778
$88.8K
Market Conditions
NOI Build-Up for 498 SF
Gross rent
$12.0K $24.00/SF
− Vacancy
−$538 −$1.08/SF
EGI
$11.4K $22.92/SF
− OpEx
−$3.4K −$6.88/SF
NOI
$8.0K $16.04/SF
Area
Washington, DC
Vacancy
4.50%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$159,800
Cap Rate 7%
$114,143
Cap Rate 9%
$88,778
Alternative Uses
Best Use
Retail
$114.1K
$99.9K – $133.2K
NOI $7,990 @ 7.0% cap · market cap 3.13%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$256.2K
$224.1K – $298.9K
NOI $17,931 @ 7.0% cap · market cap 7.03%
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
14,705
Businesses Nearby
134k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 36%
Dining 26%
Groceries 21%
Shops & Services 17%
Safeway
Groceries
28,133 visits/mo
0.3 miles
McDonald's
Dining
24,382 visits/mo
0.4 miles
Washington Marriott At Metro Center
Hotels & Casinos
24,363 visits/mo
0.3 miles
TD Bank
Shops & Services
11,904 visits/mo
0.1 miles
Hampton Inn Washington Downtown Convention Center
Hotels & Casinos
6,622 visits/mo
0.2 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Washington, DC
Frequently Asked Questions
What type of property is this?
Retail space - Street-level commercial unit in a 10-unit residential development.
Where is this retail space located?
The property is located at 733 8TH STREET SE Unit 01 Washington, DC.
What is the asking price?
The asking price for this property is $255,000.
What are key features of this property?
This property features: Prime Capitol Hill location in the Barracks Row retail district, near Eastern Market and two Metro stations.; High‑end modern finishes including oak flooring and quartz countertops.; New construction (2025) within a boutique 10‑unit development.
