729 8Th Street SE Washington, DC $ 3,745,000
729 8Th Street SE
$ 3,745,000
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729 8Th Street SE

Washington, DC, 20003
$ 3,745,000
Baths0.0 Sq 6,100

Monthly Estimate*

$ 24,890

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Studio

Commercial Property for sale in Washington, DC

for $3,745,000. This 6,100 square foot building was built in 1930 on a lot size of 0.05.

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. It is possible 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 best Main Street programs in the U.S. with a rich blend of restaurants, shops, offices and stores. Centrally located in one of most popular neighbors in DC it rests next to Eastern Market METRO, Pennsylvania Ave, US Marine Barracks and our Historic Eastern Market. Quite a neighborhood serving as a major transportation hub for Metro and with convenient access by highway to Virginia and Metro. It 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. SEE DISCLOSURE

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Commercial Active

Price

$ 3,745,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 24,563

Style

Apartment Building,Banquet Facility/Lodge,Bed and

Lot Size

0.05

Year Built

1930

Town/City

Washington

County/Region

District of Columbia

MLS | Web ID

DCDC2124540

Features
Interior
Heating Fuel Natural Gas
Flooring Hardwood Carpet Ceramic Tile
Hot Water Natural Gas
Total Stories 4
Heating Y/N Y
Street Suffix STREET
Central Air Y/N Y
Total Restrooms 6
Entry Level 1
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General
Sewer Public Sewer
Heating Central
Cooling Central A/C
Utilities Electric Available Natural Gas Available Sewer Available Water Available
Possession Subject to Existing Lease 61-90 Days CD
Roof Composite
Zoning MU-4-CHC
Security Features Main Entrance Lock
Construction Materials Brick
Year Built 1930
Electric Single Phase
Property SubType Mixed Use
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Business Type Apartment Building Banquet Facility/Lodge Bed and Breakfast Convenience Store/Gas Funeral Home Institutional Restaurant/Bar Day Care Facility Medical Religious Facility School Vet/Kennel Other
Accessibility 2+ Access Exits 36 + wide Halls
County WASHINGTON
New Construction N
Property Type Commercial Sale
Possible Use Apartments Apartment Building Bar/Tavern/Lounge Bed & Breakfast Church Clothing Commercial Convenience Store Day Care Food & Beverage Florist/Nursery Investment Medical/Dental Mixed Use Printing Prof
Water Access Y/N N
Status ACTIVE
Directions Follow Pennsylvania Ave East to 8th St SE - Make Right down 8th 3 Blocks on Right. Across from Marine Barracks Gate
City WASHINGTON
Buyer Agent Compensation 2.5
Disclosures Historic Property Lead Based Paint - Federal Lead Based Paint - State
Zoning Description Multi Use with stipulations in the Capitol Hill Historic District
Total Units 5
Lot Size Square Feet 2182.00
Waterfront Y/N N
Street Name 8TH
Tax Annual Amount 24563.0
Property Condition Very Good
Price Per Sq Ft Total 544.33
Acceptable Financing Cash Conventional Bank Portfolio
Historic Y/N Y
Lease Considered Y/N N
Vacation Rental Y/N N
Virtual Tour https://propertymediadownload.ambientvisualstudios.com/729_8th_st_se-1414/videos
Days on Market 84
Standard Status Active
Year Built Source Assessor
Legal Subdivision Old City 1
Tax Lot 836
Buyer Agent Compensation Type % Of Gross
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Exterior
Water Source Public
Type of Parking Parking Lot
Foundation Details Block Concrete Perimeter Other
Water View Y/N N
Building Area Total 6880.00
Lot Size Acres 0.05
Lot Size Units Square Feet
Lot Size Source Assessor
Soil Types Urban Land-Sassafras-Chillum
Land Assessed Value 470220.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 729
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* Excluded Features
List By
Coldwell Banker Realty - Washington

Broker

cburger@cbmove.com

Email

Affordability Calculator

$26,937
Per Month
92%
8%
0%
Monthly Principal & Interest
$24,890
Monthly Property Taxes
$2,047
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/16/2024$3,745,000 Listed Price

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729 8Th Street SE, Washington, DC, 20003 is a Commercial Property for sale at $3,745,000 with 6,100 sqft and a lot size of 0.05. 729 8Th Street SE is a studio with 0.0 baths and was built in 1930. The property's zip code is 20003 which is in Washington, DC