729 8Th St SE Washington, DC 20003
For Sale
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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.
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Daniel Nicholas E DDS Dental Office
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Washington Dental Health Care: Greaves Jr Aston B DDS Dental Office
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Dr. Phillip S. Martin, DDS Dental Office
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Anacostia Riverkeeper Charitable Organization Social Service Agency
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Alliance for the Chesapeake Bay - DC Office Charitable Organization Social Service Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
MU-25 · Washington, DCWashington. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.