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Brian Foraker

brian@forakersales.com +1(302) 420-4616

Listed by Charles Burger • Coldwell Banker Realty - Washington

$ 2,695,000

Est. payment | -/mo

2,182 Sqft Lot

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$ 2,695,000

Est. payment | -/mo

Save Virtual Tour

2,182 Sqft Lot

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID DCDC2124540

Year Built 1930

Available Date 2024-02-29

Annual Tax Amount $31,770

Tax Year 2024

Lot Size 2,182 Sqft

Acres 0.05

Property Sub-Type Mixed Use

Source BRIGHT

Property 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

Location

State DC

County Washington

Zoning MU-4-CHC

Interior

Hot Water Natural Gas

Heating Central

Cooling Central A/C

Flooring Hardwood, Carpet, Ceramic Tile

Heat Source Natural Gas

Exterior

Garage Spaces 4.0

Utilities Available Electric Available, Natural Gas Available, Sewer Available, Water Available

Water Access N

Roof Type Composite

Accessibility 2+ Access Exits, 36\"+ wide Halls

Total Parking Spaces 4

Garage N

Building

Foundation Block, Concrete Perimeter, Other

Sewer Public Sewer

Water Public

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Tax ID 0904//0836

Ownership Fee Simple

Security Features Main Entrance Lock

Acceptable Financing Cash, Conventional, Bank Portfolio

Listing Terms Cash, Conventional, Bank Portfolio

Financing Cash,Conventional,Bank Portfolio

Special Listing Condition Standard

Virtual Tour https://www.dropbox.com/scl/fi/v9rtzhtfy5r38zeje829d/729-8th-St.mp4?rlkey=9r56wx1vrgmfaao5q1xick2jy&st=9pablg9n&dl=0&raw=1

NEARBY SCHOOL & BUSINESS

+1(302) 420-4616

brian@forakersales.com

135 E State St, United States

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729 8TH ST SE Washington, DC 20003