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729 8Th St Washington, DC 20003

Sponsored
For Sale
$3,745,000

Prime DC location, 3-story building, high ROI.

Property size:
6,880 SF

Description

Added:
Dec 11, 2024
Days on Market:
391
This exceptional three-story mixed-use building, located at 729 8th St SE in Washington, DC's vibrant Capitol Hill neighborhood, presents a compelling investment opportunity. Built in 1930 and extensively renovated in 1981 with ongoing upgrades, this 6,880 square foot property boasts a unique layout ideal for diverse commercial and residential uses. The ground floor features 1,450 square feet of retail space, perfect for a dental, medical, or health practice, connected to a 1,550 square foot finished lower level with a separate alley entrance. The upper two floors offer flexible space, currently configured as two commercial offices (600 and 800 square feet) and two residential units (800 and 600 square feet), each accessible via a separate external staircase. The property sits on a 2,182 square foot lot and includes a rear parking area. Zoned MU4 CHC, this building offers significant potential for various configurations, including the possibility of delivering the property vacant. Situated in the Barracks Row commercial corridor, this property benefits from its proximity to Eastern Market Metro, Pennsylvania Avenue, the US Marine Barracks, and the historic Eastern Market, placing it within a thriving commercial hub and a major transportation center. The area is known for its blend of restaurants, shops, and offices, attracting both local workers and a large influx of tourists and visitors. This is a rare opportunity to acquire a well-maintained, versatile property in one of Washington, D.C.'s most desirable neighborhoods. The asking price is $3,745,000, representing a price per square foot of $544.33. The property is a multi-tenant building with three tenants currently in place, operating under a NNN lease with no remaining lease term. Floor plans are available upon request.

Property Features for 729 8Th St

General Information

Property type
Individual retail properties
Square Feet
6,880 SF

Building Details

Stories
3
Units
6

HighLights

  • $3,745,000 asking price for this mixed‑use property.
  • 6,880 square feet on a 2,182 square foot lot.
  • Three‑story building with three tenants in a NNN lease.
  • Located at 729 8th St SE, Washington, DC 20003, in the Barracks Row commercial corridor.
  • Features six units: three commercial and two residential apartments.
Property Profile Location Intelligence

Current Use by Public Records

Daniel Nicholas E ... Dentist Washington Dental Health ... Dentist Dr. Phillip S. ... Dentist Anacostia Riverkeeper Non-Profit Organization Alliance for the Chesapeake Bay ... Non-Profit Organization

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

Location Insight

  • Map
  • Local Demand
City
Washington
County
District Of Columbia
State
District of Columbia
Longitude
-76.9951997
Latitude
38.8802265

FAQs

What type of property is this?
Individual retail property - Prime DC location, 3-story building, high ROI.
Where is this individual retail property located?
The property is located at 729 8Th St Washington, DC.
What is the asking price?
The asking price for this property is $3,745,000.
What are key features of this property?
This property features: $3,745,000 asking price for this mixed-use property.; 6,880 square feet on a 2,182 square foot lot.; Three-story building with three tenants in a NNN lease.
More about this property
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