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419 8th St SE
Washington, DC 20003
Retail Property For Sale
Investment Highlights
- Prime Retail Location in Washington, D.C
- Owner-User Opportunity
- Value-Add Opportunity
- Redevelopment
Executive Summary
The property consists of approximately 4,634 square feet of retail space, evenly distributed between two levels (±2,317 SF each). The ground level is currently operated as an indoor sports facility, while the improved lower level is utilized as income-producing paid storage. The asset was previously occupied for many years by a full service restaurant, and the existing infrastructure provides a clear pathway for conversion back to restaurant, bar, or alternative retail use.
Positioned along the highly trafficked 8th Street SE corridor, the property is surrounded by a dynamic mix of established restaurants, neighborhood retailers, and nightlife destinations, making it a consistent focal point within Capitol Hill’s premier retail submarket.
With its irreplaceable location, flexible layout, and multiple repositioning or redevelopment options, 419 8th Street SE represents a compelling value-add opportunity for investors seeking upside through lease-up or re-tenanting, as well as for owner-users looking to establish a presence in one of Washington, DC’s most sought-after retail corridors.
Positioned along the highly trafficked 8th Street SE corridor, the property is surrounded by a dynamic mix of established restaurants, neighborhood retailers, and nightlife destinations, making it a consistent focal point within Capitol Hill’s premier retail submarket.
With its irreplaceable location, flexible layout, and multiple repositioning or redevelopment options, 419 8th Street SE represents a compelling value-add opportunity for investors seeking upside through lease-up or re-tenanting, as well as for owner-users looking to establish a presence in one of Washington, DC’s most sought-after retail corridors.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,634 SF
Building Class
C
Year Built
1947
Percent Leased
4%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.21
Lot Size
0.50 AC
Zoning
MU-4/CHC - The Capitol Hill Commercial Mixed-Use zones include the MU-4/CHC and MU-4/CAP/CHC zones and are intended to:
Encourage the adaptive use and reuse of
Frontage
27’ on 8th Street SE
Property Taxes
| Parcel Number | 0902-0839 | Improvements Assessment | $1,544,852 |
| Land Assessment | $668,860 | Total Assessment | $2,213,712 |
Property Taxes
Parcel Number
0902-0839
Land Assessment
$668,860
Improvements Assessment
$1,544,852
Total Assessment
$2,213,712
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