729 8Th Street SE Washington, DC $ 3,200,000
729 8Th Street SE
$ 3,200,000
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729 8Th Street SE

Washington, DC, 20003
$ 3,200,000
Bedrooms-- Baths-- Sq 6,100

Monthly Estimate*

$ 19,964

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Commercial Property for sale in Washington, DC

for $3,200,000. This 6,100 square foot building was built in 1930 on a lot size of 0.05.

MAJOR PRICE ADJUSTMENT....ESTATE SALE 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

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Commercial Active

Price

$ 3,200,000

Property Type

Commercial

Taxes

$ 31,770

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
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 2024
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
Disclosures Historic Property Lead Based Paint - Federal Lead Based Paint - State
Number Of Units Total 5
Lot Size Units Square Feet
Lot Size Square Feet 2182.00
Tax Annual Amount 31770.0
Property Condition Very Good
Price Per Sq Ft Total AG 465.12
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
Standard Status Active
Year Built Source Assessor
Legal Subdivision Old City 1
Tax Lot 836
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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 Source Assessor
Waterfront Y/N N
Soil Types Urban Land-Sassafras-Chillum
Land Assessed Value 479630.00
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

$22,611
Per Month
88%
12%
0%
Monthly Principal & Interest
$19,964
Monthly Property Taxes
$2,648
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
12/10/2024$3,200,000 -14.55% Price Down
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 $3,200,000 with 6,100 sqft and a lot size of 0.05. 729 8Th Street SE was built in 1930. The property's zip code is 20003 which is in Washington, DC