429 8th St SE 5,006 SF Vacant Retail Building Washington, DC 20003 $2,768,260 CAD ($552.99 CAD/SF)
INVESTMENT HIGHLIGHTS
- Mixed-Use building on the NWC of 8th and E Streets SE in Barracks Row / Capitol Hill and delivered 100% vacant
- Ideal for a potential restaurant user with excellent street frontage / visibility and ample outdoor café space
- In addition to frontage on Barracks Row, the property is a short walk to Pennsylvania Ave, Eastern Market, and the Eastern Market metro station
- Located on a signalized corner in Barracks Row - the premier retail corridor of Capitol Hill
- Value-add investors can look to capture revenue via leasing out the street level retail and second level
EXECUTIVE SUMMARY
+5,000 SF 100% Vacant Mixed-Use Building on Signalized Corner
PROPERTY FACTS
Sale Type
Investment
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Building Size
5,006 SF
Building Class
C
Year Built
1900
Price
$2,768,260 CAD
Price Per SF
$552.99 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.96
Lot Size
0.12 AC
Zoning
MU-4/CHC
Frontage
180’ on 8th St & E St
AMENITIES
- Commuter Rail
- Corner Lot
- Signage
- Signalized Intersection
- Air Conditioning
- Balcony
Walk Score®
Walker's Paradise (99)
Transit Score®
Excellent Transit (85)
Bike Score®
Very Bikeable (88)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $3,378,413 CAD | |
| Land Assessment | $2,000,095 CAD | Total Assessment | $5,378,508 CAD |
