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Property profile & analytics
FOR LEASE
Retail space

753 8Th St SE Washington, DC 20003

5,118 SF 0.05 ac lot Built 1900
Individually Owned 29-yr Hold Absentee Owner Free & Clear
Property ID
US16-0045327
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1900
Construction BRICK
Total area 5,118 SF
Lot 0.05 ac (2,358 SF)
Zoning code MU-25,MU-4
APN 0904 0800
UPID US16-0045327
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$815k
Owner & transaction history
SHIN SUNG
SHIN SUNG
Zoning & alternative use
MU-25,MU-4 · Washington, DC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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