508-510 8th St SE - Office FOR SALE


Washington, DC 20003- Capitol Hill
$1,900,000 USD
202-318-6800
508-510 8th St SE, Washington, DC for Sale
$1,900,000 USD
Office - FOR SALE
1/6
null | Request Cap Rate

NEW


508-510 8th St SE
Washington, DC 20003
Capitol Hill


HIGHLIGHTS

  • • Well-Maintained Boutique Office Property Comprised of 2 Connected Buildings
  • • Can be Delivered Vacant | Current Tenant is on a Short-Term Lease
  • • Full- or Partial-User Optionality | Could Easily be Divided into Multiple Units
  • • MU-4 Zoning | Allows for Office, Retail, & Residential Uses
  • • Average Household Income of $172,940 & Median Home Value of $841,175 within a 10-Minute Walk

OVERVIEW

Feldman Ruel is pleased to offer for sale 508-510 8th Street SE, an office property consisting of approximately 4,397 square feet across three levels. The unique layout allows for an owner-user to occupy all or a portion of the building while leasing out any remainder to offset carrying costs. 508-510 8th Street SE provides multiple on-site parking spaces and is located less than 800 feet from the Eastern Market Metro Station, making it a convenient option for commuters. Overall, this offering represents a rare opportunity to acquire a boutique office property along one of Capitol Hill’s most well-known commercial thoroughfares.

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/SF

$432 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

508-510 8th Street SE

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

-

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,504 SF

ZONING

MU-4/CHC

APN/PARCEL ID

0926-0000-0055

ASK ABOUT THIS PROPERTY

Adam CostanzoFeldman RuelMore Info
202-318-6800

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

Adam CostanzoFeldman RuelMore Info
202-318-6800

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