1104 8Th StWashington, DC 20003

Property Details for 1104 8Th St

Construction

BRICK

Lot size

0.14 AC

Property size (Sq ft)

3,404 SF

Zone code

NC-6

Property type

Turn key restaurants

APN

0930 0021

APU

9300021

Description

This exceptional Capitol Hill property, located at 1104 8th Street SE in the Barracks Row submarket, offers 6,224 square feet of newly renovated retail and office space. The space is divided into two available units, each with a minimum divisible size of 3,100 square feet, with one slightly larger at 3,124 square feet. The property is ideally suited for a variety of uses, including traditional office, medical office, and retail establishments. Recent upgrades include a complete electrical system overhaul and renovated bathrooms. A significant advantage is the inclusion of additional rooftop space, offering unique potential for outdoor seating or other supplementary uses. The property's location in the vibrant Barracks Row area of Capitol Hill provides excellent visibility and accessibility, making it an attractive opportunity for businesses seeking a high-traffic location in Washington, DC. The property is zoned for multiple tenants, providing flexibility for various business models. This is a rare opportunity to secure a well-located, newly renovated space in one of Washington, DC's most desirable neighborhoods. The zip code is 20003.

• CAP approach

  CAP return

  Valuation

  6%

  $1,293,154

  6.5%

  $1,193,680

  7%

  $1,108,418

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,432,625

  Geo Method

  $1,432,625

• Alternative Use

  Use

  Valuation

  Residential

  $1,006,914

  Hospitality

  $922,328

  Educational

  $767,366

  Medical

  $793,757

  Retail

  $1,193,680

Location Insight

City

Washington

County

District Of Columbia

State

DC

Latitude

38.8772

Longitude

-76.9947

CBSA code

47900

CBSA name

WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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