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$1,900,000
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Property Description
JUST REDUCED! Discover a multi-use investment opportunity right on Capitol Hill! This charming property, located on bustling DC's Barracks Row, boasts over 2,025 square feet of potential. You'll love the superb location, just a stone's throw from the Eastern Market Metro stop and the lively 8th Street, making it super convenient for both locals and visitors. Take a leisurely walk from the iconic Capitol to enjoy the delightful shops and restaurants that Capitol Hill has to offer. Built in 1961, the first floor features nearly 1,341 square feet-perfect for retail, dining, or professional office space. The second floor offers valuable office and apartment options. Second floor outside deck. Motivated Seller. This space provides excellent opportunities for rental income and offers the flexibility to mix retail, office, and residential uses, making it ideal for your business. You really can't beat this fantastic location that maximizes your potential with high rental demand from both the Metro and the vibrant Barracks Row and the Navy Yard area. Come and explore the possibilities!
Full Property Details
Full Property Details for 534 8th St SE
General
- Price: $1,900,000
- Taxes: $17,417 (2024)
- Status: Active
- Type: Commercial Institutional
- Source: BrightMLSMidAtlantic
- MLS ID: DCDC2184512
- Updated: 12/17/2025
- Added to Site: 332 day(s) ago
Business
- Business Type: Hair Salon and Spa, Cross Dock/Truck Terminal, Medic
Rooms
Bathrooms
- Restrooms: 2
Parking
- Parking Type: On Street
Location
- County: WASHINGTON
- Driving Directions: GPS
- City Limits: Yes
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Baseboard - Electric
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick
- Building Size: 2025
- Year Built: 1961
- Year Built Source: Assessor
- Property Condition: Average
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,341
- Lot Size Source: Assessor
- Zoning: TBD
Financial Considerations
- Price Per Sq. Ft.: $938.27
- Assessment Year: 2024
- City/TownTax: $17,417
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $1,262,640
- Tax Amount: $17,417
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 39
Listed by Anacostia River Realty, Darrin D Davis
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Schools
Schools serving 534 8th St SE
School District:District of Columbia Public Schools
| Name | Grades | Distance |
|---|---|---|
Tyler Elementary School 1001 G Street Southeast, Washington, DC 20003 | K-5 | 0.1 mi |
Jefferson Middle School Academy 801 7th Street Southwest, Washington, DC 20024 | 6-8 | 1.5 mi |
Eastern High School 1700 East Capitol Street Southeast, Washington, DC 20003 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 534 8th St SE
Date
Details
Price
Change
Source
6/22/2025
Price Reduced
$1,900,000
-5%
MLS
2/20/2025
Listed
$2,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 534 8th St SE
Year
Property Taxes
Change
Tax Assessment
Change
2025
$20,834
9%
$1,262,640
20%
2024
$19,159
5%
$1,055,600
12%
2023
$18,225
3%
$942,340
-12%
2022
$17,629
2%
$1,068,400
2%
2021
$17,323
38%
$1,049,900
5%
2020
$12,508
-16%
$1,000,620
11%
2019
$14,930
45%
$904,840
10%
2018
$10,267
10%
$821,350
10%
2017
$9,308
7%
$744,660
7%
2016
$8,669
2%
$693,500
2%
2015
$8,499
2%
$679,910
2%
2014
$8,354
—
$668,280
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 534 8th St SE
534 8th Street SE, Washington, DC 20003 (MLS# DCDC2184512) is a Commercial Institutional property. 534 8th Street SE is currently listed for $1,900,000 and was received on February 20, 2025. Want to learn more about 534 8th Street SE? Do you have questions about finding other Commercial Institutional real estate for sale in Washington? You can browse all Washington real estate or contact a Coldwell Banker agent to request more information.

