The Offering

Summary

  • List Price $1,900,000
  • Product Type Office
  • Gross Building Area 4,397 SF
  • Lot Size 2,504 SF
  • Zoning MU-4/CHC
  • Year Built 1900
  • Year Renovated 2016
  • On-Site Parking 2 Surface Spaces

Investment Summary

Feldman Ruel is pleased to offer for sale 508-510 8th Street SE, an office property consisting of approximately 4,397 square feet across three levels. The unique layout allows for an owner-user to occupy all or a portion of the building while leasing out any remainder to offset carrying costs. 508-510 8th Street SE provides multiple on-site parking spaces and is located less than 800 feet from the Eastern Market Metro Station, making it a convenient option for commuters. Overall, this offering represents a rare opportunity to acquire a boutique office property along one of Capitol Hill’s most well-known commercial thoroughfares.

Investment Highlights

• Well-Maintained Boutique Office Property Comprised of 2 Connected Buildings

• Can be Delivered Vacant | Current Tenant is on a Short-Term Lease

• Full- or Partial-User Optionality | Could Easily be Divided into Multiple Units
• MU-4 Zoning | Allows for Office, Retail, & Residential Uses

• Average Household Income of $172,940 & Median Home Value of $841,175 within a 10-Minute Walk

Listing Agents

Adam Costanzo

Adam Costanzo

Senior Associate
Direct: (202) 318-6826