323 8th St NE - Multi-Family FOR SALE


Washington, DC 20002- Capitol Hill
$2,799,900 USD
202-263-9008
323 8th St NE, Washington, DC for Sale
$2,799,900 USD
Multi-Family - FOR SALE
1/45
null | Request Cap Rate

323 8th St NE
Washington, DC 20002
Capitol Hill


OVERVIEW

Welcome to 321-323 8th Street NE. This prime mixed-use commercial/residential space zoned MU4 is just steps from Stanton Park, Lincoln Park, Union Station, the Supreme Court, and U.S. Capitol. Positioned in a thriving community of lobbying firms, think tanks, and corporate offices, this property is ideal for a business/investor/developer looking for a professional opportunity. The development offers 6 residential units and an office space that features over 1,839 s/f. Residential units range from efficiency to 2-bedrooms with floor-plans start from 581 s/f to over 1,018 s/f – totaling approximately 4,641 s/f of residential living space. Amenities include quartz counters, stainless-steel appliances, in unit washer/dryer, and wide plank re-engineered flooring. The building is elevator equip with restricted access to each penthouse unit. The entire terrace level is home to commercial space which includes multiple workstations, bullpen, five private offices, conference room, full kitchen, storage/closets, and bathroom with shower. Highlighted by 5 private parking spaces, this development offers convenience and functional. Within ½ mile of Union Station, the development offers easy access to AMTRAK, coffee shops, retail, restaurants, and all that Capitol Hill has to offer. With a walkable score of 90, you are steps from Eastern Market, and Eastern Market Metro Station. The building is completely vacant. Potential rent upwards of $22,776.75/month. Property is ready to accommodate your business vision and mission. Don’t miss this unique opportunity.

FOR SALE DETAILS

PRICE

$2,799,900 USD

PRICE/SF

$481 USD /SF

# OF UNITS

7

PRICE/UNIT

$399,986

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

321-323 8th Street NE

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,093 SF

ZONING

MU-4

APN/PARCEL ID

0916-0079

ASK ABOUT THIS PROPERTY

Alvin RiceColdwell Banker Commercial RealtyMore Info
202-263-9008

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Alvin RiceColdwell Banker Commercial RealtyMore Info
202-263-9008

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