729 8th St Se, Washington, DC 20003

$2,695,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$2,695,000
Price Change
▼ $505,000 1781043164
Days on Market
871
Status
ACTIVE
MLS#
DCDC2124540
Lot Size (Acres)
0.05
Year Built
1930
County
Washington DC
School District
District Of Columbia Public Schools

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

Additional Information

Taxes
$31770
Stories
4
School District
District Of Columbia Public Schools
Flooring
Hardwood, Carpet, Ceramic Tile
Heating
Central
Heating Fuel
Natural Gas
Cooling
Central A/C
Roof
Composite
Utilities
Electric Available, Natural Gas Available, Sewer Available, Water Available
Water
Public
Sewer
Public Sewer

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Realty - Washington. Contact: 2025473525