753 8Th St Washington, DC 20003
- Retail space
- 5,118 SF
- 0.05 lot acres
Current Use by Public Records
- Retail space
Property Details for 753 8Th St
- Year built
- 1900
- Construction
- BRICK
- Lot size
- 0.05 lot acres
- Property size
- 5,118 SF
- Zone code
- MU-25,MU-4
- Property type
- Retail space
- APN
- 0904 0800
- APU
- 9040800
Description
This exceptional retail property, located in the vibrant Barracks Row/Navy Yard/National Park submarket of Washington, DC, presents a unique investment opportunity. Situated on the ground floor of a three-story building on a corner lot, this single-tenant space offers 1,150 square feet of retail area, complemented by a full basement level, adding significant storage or expansion potential. The building's total square footage is 5,119 square feet, situated on a 0.05-acre lot. The property is ideally suited for a variety of businesses, particularly those catering to a specific niche market, such as an ethnic cafe, hair/nail salon, or other destination-focused enterprises. The asking price is $65.50 per square foot, plus triple net. This rapidly developing area offers significant growth potential, making this a compelling investment in a thriving and desirable neighborhood. The Barracks Row/Navy Yard/National Park area is experiencing substantial expansion and transformation, presenting a rare chance to establish a business in a location poised for continued success. This is a ground-floor retail space with high visibility and foot traffic, promising strong returns for the right operator. Don't miss this chance to secure a prime retail location in one of Washington, D.C.'s most dynamic neighborhoods.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Washington
- County
- District Of Columbia
- State
- DC
- Longitude
- -76.9952
- Latitude
- 38.8795
- CBSA code
- 47900
- CBSA name
- WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
