Property profile

707-709 8Th St Se Washington, DC 20003

FOR SALE
Specialty properties
Property ID
US16-Q000579
Built 1908
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Property summary

AI-generated overview

NEW PRICE OFFERING! EXCEPTIONAL INVESTMENT PRICE! Extremely well located larger mixed use property in the heart of the Capitol Hill commercial district. Steps to not only Eastern Market Metro and the Capitol Building it is nestled amidst the bustling shops and restaurants of Barracks Row across from the world famous U.S. Marine Barracks established in 1801. 707-709 8th St S.E. is a unique earlier combination of two properties, which results in very rare open 1st floor of over 2500sf of renovated street floor space for restaurant, day care center, gym medical affiliation , large office HQ or any business or service that looks for great curb appeal, location or street exposure on one the busiest commercial corridors in SE. The entire property has been fully renovated with 2 very large office dedicated office, additional floor for multi apartment or offices and lower floors in this exceptional and flexible 7000sf+. Note not warranted: building may have development potential for additional square footage within existing structure or expansion in addition to possibility of parking in rear of lot. Property is currently 80% Vacant and or possibly 100% if buyer requires. Very few commercial properties offer this flexibility in location, size, or usage. Showing and materials available . Property pictures and floorplans attached. See Disclaimer bikeScore: 85, Very Bikeable walkScore: 81, Very Walkable transitScore: 91, Rider's Paradise

Property profile

Verified
Property type Specialty properties
Year built 1908
UPID US16-Q000579

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

707-709 8Th St Se Washington, DC 20003
Washington metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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