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2263 12th St NW 7,434 SF 100% Leased Retail Building Washington, DC 20009 $3,500,000 ($470.81/SF)
Investment Highlights
- Close Proximity to Howard University
- Flexible commercial storefront configured for a coffee shop, deli, or retail use with excellent street visibility and foot traffic on 12th Street NW
- Prime Columbia Heights/U Street location within walking distance of Metro, dining, retail, and some of DC’s most active street corridors.
- Value-add potential through rent optimization and commercial tenant repositioning to enhance overall asset performance.
- Well-balanced residential unit mix — studio, 3BD/2BA, 2BD/2BA, and 2BD/1BA — appealing to a broad renter pool and supporting strong occupancy.
- Ideal for investors or owner-users — occupy the commercial space for your own business while residential units generate offsetting rental income.
Executive Summary
2262 12th Street NW presents a rare opportunity to acquire a fully operational mixed-use building in one of Washington, DC’s most sought-after urban neighborhoods. The property comprises one ground-floor commercial storefront — ideally suited for a coffee shop, deli, or retail concept — along with four residential apartments offering a well-balanced unit mix: a studio, a three-bedroom/two-bathroom unit, a two-bedroom/two-bathroom unit, and a two-bedroom/one-bathroom unit. Situated within the Columbia Heights/U Street Corridor, the building sits in close proximity to Howard University, one of the nation’s most prestigious HBCUs, providing a built-in demand driver for both residential tenants and commercial foot traffic from students, faculty, and staff. Just steps away, the Whole Foods Market on P Street NW anchors the neighborhood as a premier destination, reflecting the caliber of retail and the affluent, active consumer base that surrounds this asset. Whether you are an investor seeking diversified cash flow or an owner-user looking to operate a business while the residential income offsets costs, 2262 12th Street NW delivers the flexibility, location, and upside that are rarely found in a single asset.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
7,434 SF
Building Class
C
Year Built
1880
Price
$3,500,000
Price Per SF
$470.81
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
3.20
Lot Size
0.05 AC
Zoning
RA-2 - Residential Apartment zone that allows for a variety of urban residential development
Frontage
Amenities
- Signage
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
90/100
Exceptionally bikeable
90/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0302-0031 | Improvements Assessment | $435,640 |
| Land Assessment | $874,730 | Total Assessment | $1,310,370 |
Property Taxes
Parcel Number
0302-0031
Land Assessment
$874,730
Improvements Assessment
$435,640
Total Assessment
$1,310,370
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2263 12th St NW
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