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Property profile & analytics
FOR SALE
Retail space

729 8Th St SE Washington, DC 20003

6,880 SF 0.05 ac lot Built 1930
Individually Owned Absentee Owner Free & Clear
Property ID
US16-0131486
Property summary
AI-generated overview

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 profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1930
Construction BRICK
Total area 6,880 SF
Lot 0.05 ac (2,182 SF)
Zoning code MU-25
APN 0904 0836
UPID US16-0131486
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Daniel Nicholas E DDS Dental Office
  • Washington Dental Health Care: Greaves Jr Aston B DDS Dental Office
  • Dr. Phillip S. Martin, DDS Dental Office
  • Anacostia Riverkeeper Charitable Organization Social Service Agency
  • Alliance for the Chesapeake Bay - DC Office Charitable Organization Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.09M
Owner & transaction history
MARGOT J KELLY
MARGOT J KELLY
Zoning & alternative use
MU-25 · Washington, DC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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