Short Sale - Views
Listed By:
Coldwell Banker Realty - Washington
Address
707-709 8Th Street SE, Washington, DC
Price
$ 4,275,000
Property Attributes
  • MLS#DCDC2111868
  • TypeCommercial
  • CountyWASHINGTON
  • CityWashington
  • Zip20003
  • StyleBanquet Facility/Lodge,Day Care Facility,Funeral H
  • Year Built1908
  • Taxes$ 28
  • Price$ 4,275,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage6300
  • Lot Size0.08 Acres
Data Source:
Bright MLS
Property Description

NEW PRICE OFFERING! Extremely well located larger mixed use property in the heart of the Capitol Hill commercial district. Steps to not only Eastern Market Metro and the Capitol Building it is nestled amidst the bustling shops and restaurants of Barracks Row across from the world famous U.S. Marine Barracks established in 1801. 707-709 8th St S.E. is a unique earlier combination of two properties, which results in very rare open 1st floor of over 2500sf of renovated street floor space for restaurant, day care center, gym medical affiliation , large office HQ or any business or service that looks for great curb appeal, location or street exposure on one the busiest commercial corridors in SE. The entire property has been fully renovated with 2 very large office dedicated office, additional floor for multi apartment or offices and lower floors in this exceptional and flexible 7000sf+. Note not warranted: building may have development potential for additional square footage within existing structure or expansion in addition to possibility of parking in rear of lot. Property is currently 80% Vacant and or possibly 100% if buyer requires. Very few commercial properties offer this flexibility in location, size, or usage. Showing and materials available week of September 18th. Property pictures and floorplans attached. See Disclaimer

Price History
9/14/2023 Listed $4,600,000
12/8/2023 8% - $4,275,000

General Features

Sewer Public Sewer
Heating Central
Cooling Zoned,Central A/C,Ceiling Fan(s)
Possession Immediate,Settlement
Zoning MU-4/CHC
Security Features Carbon Monoxide Detector(s),Desk in Lobby,Electric Alarm,Main Entrance Lock,Monitored,Motion Detectors,Security System,Smoke Detector,Surveillance Sys,Window Grills
Construction Materials Brick,Combination,Concrete
Exclusions Pre School Equipment & Suppplies
Year Built 1908
View City,Other
Property SubType Mixed Use
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel Electric
Business Type Banquet Facility/Lodge,Day Care Facility,Funeral Home,Hair Salon and Spa,Health Club,Institutional,Medical,Other/General Retail,Professional,Recreation,Religious Facility,Restaurant/Bar,Storage,Other
Accessibility 32 + wide Doors,Doors - Swing In,Level Entry - Main
County WASHINGTON
New Construction No
Property Type Commercial Sale
Water Access Y/N No
Transportation Airport less than 10 miles,Bus Stop less than 1 mile,Metro/Subway Station less than 1 mile,Commuter Lots less than 5 miles,Commuter Rail Station 1 to 5 miles
Status ACTIVE
Directions 3 Blocks South from 8th and Pennsylvania Ave SE. Directly across from U.S. Marine Barracks and Parade Ground.
ModificationTimestamp 2024-06-10T16:23:36
City WASHINGTON
Buyer Agent Compensation 2.5
Disclosures Exempt - Disclosure/Disclaimer,Historic Property
Lot Size Units Square Feet
Lot Size Square Feet 3600.00
Tax Assessed Value 0.0
Waterfront Y/N No
Street Name 8TH
Tax Annual Amount 28.44
Property Condition Very Good
Price Per Sq Ft Total AG 577.7
Acceptable Financing Cash,Conventional
Historic Y/N Yes
Lease Considered Y/N No
Vacation Rental Y/N No
Virtual Tour https://mls.TruPlace.com/property/91/123598/
Days on Market 263
Standard Status Active
Year Built Source Estimated
Legal Subdivision Old City 1
Tax Lot 826/827/828
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Electric
Flooring Fully Carpeted,Ceramic Tile,Hardwood,Laminated
Hot Water Natural Gas
Heating Y/N Yes
Central Air Y/N Yes
Total Restrooms 6

Exterior Features

Lot Features Adjoins - Public Land,Backs - Open Common Area
Water Source Public
Inclusions Security Camera Monitoring System
Total Parking Spaces 3
Type of Parking Other
Water View Y/N No
Building Area Total 7400.00
Street Suffix STREET
Lot Size Acres 0.08
Lot Size Source Estimated
Door Features Atrium,Sliding Glass,Double Entry
Total Loading Docks 1
Soil Types Urban Land-Sassafras-Chillum
Navigable Water Y/N No
Water Oriented Y/N No
Car Parking Spaces 2

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 20003

Price
AVG $1.3M
$4.28M
Visits
AVG 248
483
Data Provided by Inside Real Estate®
Year Built
AVG 1911
1908
Walkscore
AVG 98
99
Data Provided by Walkscore® not using MLS data

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