729 8th St SE - Storefront Retail/Office FOR SALE


Washington, DC 20003- Barracks Row
$3,200,000 USD
202-258-5316
729 8th St SE, Washington, DC for Sale
$3,200,000 USD
Storefront Retail/Office - FOR SALE
1/29
null | Request Cap Rate

729 8th St SE
Washington, DC 20003
Barracks Row


HIGHLIGHTS

  • Barracks Row Commercial Corridor, Eastern Market Metro, I295, High Traffic Area
  • 2nd General Medical Office, Excellent Condition, Parking, Flexible Flr Plan with interlocking 4 floors of Rental

OVERVIEW

Estate Reduction in Price Intent is to have property may be delivered vacant in 60-90 days from acceptable contract of purchase. Purchaser may consider keeping 2nd/3rd floor tenants on month to month. First floor and basement can be delivered vacant by request of purchaser. MAJOR PRICE ADJUSTMENT....ESTATE SALE 729 8th St S.E. is a 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 build out for dental, medical or health practice at a major transportation hub in the District. Layout perfect legal and lobby offices. Flexible usage and floorplan for potential rental of 3 commercial and two rental apartments. It sits on a 6.880 lot with a parking area in rear of property. The building itself has 6400 FSF is list to contain a first floor at retail level of 1450 SF with a connecting 1550SF finished lower floor with separate alley entrance. The upper floors are connected with a separate external staircase with a second floor of two commercial offices of 600SF & 800SF and a third floor of two residential units of 800SF & 600SF. Note: Current Dental office on 1st 1350SF/Lower floor 1550 SF and able to deliver property 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 Eastern Market METRO, 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 the hundreds of thousands visitors and tourists flooding the area on weekends

FOR SALE DETAILS

PRICE

$3,200,000 USD

PRICE/SF

$465 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/Office

ADD'L SUBTYPES

Day Care Center, Medical, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,293 SF

ZONING

MU-25

APN/PARCEL ID

0904-0836

ASK ABOUT THIS PROPERTY

Charles (Chuck) BurgerColdwell BankerMore Info
202-258-5316

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Charles (Chuck) BurgerColdwell BankerMore Info
202-258-5316

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