729 8TH STREET SE, WASHINGTON, DC 20003
WASHINGTON County
Key Facts
Description
MAJOR PRICE ADJUSTMENT....ESTATE SALE & EXCEPTIONAL INVESTMENT OPPORTUNITY 729 8th St S.E. is a well maintained three-story, mixed-use building reported built in 1930, most recently renovated and redeveloped in 1981 with additional upgrades through today under professional management and maintenance. Retail Level currently build out for dental, medical practice or restaurant/food service. Upper units are perfect legal or , lobby offices with desirable high rent income residential units. Additionally. building has flexible usage and floorplan for potential rental of 3 commercial and two rental apartments. It sits on a 2,182sf lot with a parking area in rear of property. The building itself has 6400 GSF with a first floor at retail level of 1550 SF connected with a finished lower floor. This could potentially be an additional rental unit as it has its own with separate alley entrance. The upper floors are connected by a separate entrance and staircase with a second floor of two commercial offices of 600SF & 800SF and a third floor of two residential units of 800SF & 600SF. Note: Entire property can be delivered VACANT . Please contact LA for further details and required to be present at all showings FLOORPLANS IN DOCUMENTS 729 8th Street SE is in the commercial corridor of "Barracks Row" on Capitol Hill. Barracks Row Main Street, a government funded organization to promote economic development, has been recognized as one of the best Main Street programs in the U.S. with a blend of restaurants, shops, offices and stores. Centrally located on Capitol Hill it rests next to the METRO at Eastern Market, Pennsylvania Ave, US Marine Barracks and our Historic Eastern Market. Area also serves as a major transportation hub for Metro, Metro Bus and with convenient access by highway to Virginia and Metro. Eastern Market/Barracks Row is an active and vibrant weekday destination for DC workers in additional to be a destination for hundreds of thousands visitors and tourists. SEE DISCLOSURE
Property Information
Property Type
Commercial Sale
Sub-Type
Mixed Use
Year Built
1930
Stories
4
Living Area
6,880 sq ft
Lot Size
0.05 acres
Parking Spaces
3
Zoning
MU-4-CHC
Days on Market
824
MLS® Listing#
DCDC2124540
Property Features
Appliances
Cooling
Heating
Flooring
Parking
Construction
Foundation
Roof
Utilities
Sewer
Water Source
Schools
- District:
- DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Financial Details
Annual Taxes
$31,770
Tax year 2024
Assessed Value
$2,500,210
Parcel Number
0904//0836
Directions
Follow Pennsylvania Ave East to 8th St SE - Make Right down 8th 3 Blocks on Right. Across from Marine Barracks Gate
Affordability Calculator
$539,000
Estimated monthly payment
$14,344/mo
Principal $2,156,000 · Est. interest $3,007,812 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in WASHINGTON, DC
- $549,699
- Median Listing Price
- 69
- Median Days on Market
- 1,257
- Median Sq Ft
- $475
- Median Price / Sq Ft
- 2,872
- Active Listings
- This home’s price is 390% above the area median.
- Its price per sq ft is 17% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in WASHINGTON, DC.
Location
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Points of Interest in WASHINGTON, DC
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| 1133 D STREET NE, WASHINGTON, DC | $1,900,000 | 4 | — | 2,744 |
| 318 MARYLAND AVENUE NE, WASHINGTON, DC | $1,900,000 | 6 | — | 5,240 |
| 520 CONSTITUTION AVENUE NE, WASHINGTON, DC | $1,950,000 | 6 | — | 4,014 |
| 1661 EBENEZER COURT SE, WASHINGTON, DC | $1,950,000 | 1 | — | 3,574 |
Moving Cost Estimate
EXIT Agents in WASHINGTON
Listing Courtesy: Coldwell Banker Realty - Washington - 2025473525