508-510 8th Street SE
Washington, D.C. 20003
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
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