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3408 18th St NE
Washington, DC 20018
Retail Property For Sale


Investment Highlights
- Mixed-Use Asset Featuring Street-Level Retail and One Residential Unit Above
- Located in the Brookland Neighborhood, One of Northeast D.C.’s Fastest-Growing Submarkets
- Proximity to Monroe Street Market, a Major Retail and Community Hub
- 100% Occupied with Stable, Immediate Cash Flow
- Steps from Rhode Island Avenue Corridor and Minutes to the Brookland-CUA Metro Station
- Strong Retail Visibility and Foot Traffic Supporting Long-Term Tenant Demand
Executive Summary
Marcus & Millichap is pleased to exclusively present 3408 18th Street NE, a mixed-use asset located in the highly desirable and rapidly evolving Brookland neighborhood of Northeast Washington, D.C. Offered at $450,000, this fully leased property presents a compelling opportunity to acquire a stable, income-producing asset with a strong in-place return in one of the District’s most dynamic submarkets.
This 1750 SF property consists of a street-level retail space and a one-bedroom residential unit on the 2nd level, providing a diversified income stream across both commercial and residential tenancy. The asset is currently 100% occupied, delivering immediate and consistent cash flow with no near-term vacancy exposure.
Situated just steps from the commercial corridor along Rhode Island Avenue NE and minutes from the Brookland-CUA Metro Station, the property benefits from strong foot traffic and excellent connectivity to downtown Washington, D.C. and the greater metropolitan area. The retail space is well-positioned to serve the surrounding residential population, while the upper-level apartment provides stable housing demand driven by proximity to transit and employment centers.
The Brookland neighborhood has undergone significant transformation over the past decade. Once known for its religious institutions and quiet residential character, Brookland has emerged as one of Northeast D.C.’s most sought-after enclaves, fueled by new development, public investment, and an influx of young professionals. The nearby Monroe Street Market has become a major destination, offering retail, dining, art studios, and community events that attract visitors from across the region.
With its full occupancy, strong in-place return, and mixed-use income profile, 3408 18th Street NE represents a rare opportunity to acquire a turnkey investment in a rapidly growing and supply-constrained Washington, D.C. neighborhood.
This 1750 SF property consists of a street-level retail space and a one-bedroom residential unit on the 2nd level, providing a diversified income stream across both commercial and residential tenancy. The asset is currently 100% occupied, delivering immediate and consistent cash flow with no near-term vacancy exposure.
Situated just steps from the commercial corridor along Rhode Island Avenue NE and minutes from the Brookland-CUA Metro Station, the property benefits from strong foot traffic and excellent connectivity to downtown Washington, D.C. and the greater metropolitan area. The retail space is well-positioned to serve the surrounding residential population, while the upper-level apartment provides stable housing demand driven by proximity to transit and employment centers.
The Brookland neighborhood has undergone significant transformation over the past decade. Once known for its religious institutions and quiet residential character, Brookland has emerged as one of Northeast D.C.’s most sought-after enclaves, fueled by new development, public investment, and an influx of young professionals. The nearby Monroe Street Market has become a major destination, offering retail, dining, art studios, and community events that attract visitors from across the region.
With its full occupancy, strong in-place return, and mixed-use income profile, 3408 18th Street NE represents a rare opportunity to acquire a turnkey investment in a rapidly growing and supply-constrained Washington, D.C. neighborhood.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
1,750 SF
Building Class
C
Year Built
1925
Price
$450,000
Price Per SF
$257.14
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.80
Lot Size
0.05 AC
Zoning
MU-3
Frontage
18’ on 18th St
Property Taxes
| Parcel Number | 4146-0813 | Improvements Assessment | $114,360 |
| Land Assessment | $204,170 | Total Assessment | $318,530 |
Property Taxes
Parcel Number
4146-0813
Land Assessment
$204,170
Improvements Assessment
$114,360
Total Assessment
$318,530
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