218 7th St SE - Storefront Retail/Residential FOR SALE


Washington, DC 20003- Eastern Market
$5,000,000 USD
202-677-2233
218 7th St SE, Washington, DC for Sale
$5,000,000 USD
Storefront Retail/Residential - FOR SALE
1/7
null | Request Cap Rate

218 7th St SE
Washington, DC 20003
Eastern Market


OVERVIEW

218 7th st SE is a mixed-use property consisting of one retail unit, two live/work units, and two residential units totaling 9,939 square feet gross with 7,088 square feet of net rentable area. The retail unit accounts for just about 4,000 square feet between the basement and the first floor of the building and is currently vacant. The live/ work units account for 795 square feet and 646 square feet, respectively, on the second floor of the building. There are identical units each contain one bedroom and two bathrooms across the third and fourth floors and account for 998 square feet and 934 square feet respectively. The building was originally constructed in 1983 and presents in great condition with 20 feet of frontage on the major commercial corridor of 7th Street SE. The property is situated on a 2,406 square foot parcel in an MU-25 zone at the Eastern Market.

FOR SALE DETAILS

PRICE

$5,000,000 USD

PRICE/SF

$503 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,313 SF

ZONING

MU-25

APN/PARCEL ID

0900-0068

ASK ABOUT THIS PROPERTY

Chris PowellHomesource UnitedMore Info
202-677-2233

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Chris PowellHomesource UnitedMore Info
202-677-2233

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.