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$2,215,000
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Property Description
GREAT STORE LEVEL OPPORTUNITY or BAKERY TO GO! Perfect MU investment with over 4850 gross sf in an exceptionally well maintained and updated classic on Barracks Row in Capitol Hill. Superb location on one of most popular commercial areas in city with easy access from major Metro stop at Eastern Market and well trafficked 8th Street artery to Md or VA. Easy stroll from the Capitol to the popular shops and restaurants of Capitol Hill Built in 1915 and completely renovated in 1985 the 1st Floor and connecting basement with nearly 2300sf provides an ideal location for retail, food or professional office space. 2nd and 3rd flr each floor has an office space and apartment space. FULL BAKERY WITH EQUIPMENT CAN BE AVAILABLE! Excellent rental opportunity and flexibility in this combination of retail or Bakery/Cafe, office and residential opportunity. Ideal location with flexible space for your business or fully maximize the higher rentals with Metro location and Barracks Row location. VACANT and READY for BUSINESS!
Full Property Details
Full Property Details for 705 8th St SE
General
- Price: $2,215,000
- Taxes: $17,283 (2024)
- Status: Under Contract
- Type: Apartment
- Source: BrightMLSMidAtlantic
- MLS ID: DCDC2152586
- Updated: 1/5/2026
- Added to Site: 517 day(s) ago
Business
- Business Type: Banquet Facility/Lodge, Apartment Building, Day Care
Interior
- Flooring: Wood
Additional Information
- Security/Safety: Monitored, Motion Detectors, Security System
Parking
- Parking Type: On Street
Location
- County: WASHINGTON
- Driving Directions: Go south on 8th St SE from Pennsylvania Ave SE/8th St SE. Located directly across from Marine Barracks
- Historic District: Yes
- City Limits: Yes
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C, Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electric Available, Natural Gas Available
Structural Information
- Construction: Brick
- Stories/Levels: 3
- Building Size: 4858
- Year Built: 1912
- Year Built Source: Assessor
- Property Condition: Very Good
Unit Information
- # Tenants: Multiple
- Other Units: Unit 1, Unit 1, Unit 1, Unit 1, Unit 1
Lot Features
- Lot Size (Acres): 0.04
- Lot Size (Sq. Ft.): 1,800
- Lot Size Source: Assessor
- Lot Dimensions: 20' x 90'
- Zoning: CHC2A
- Lot Description: Backs - Open Common Area, Private
Financial Considerations
- Price Per Sq. Ft.: $455.95
- Assessment Year: 2024
- City/TownTax: $17,283
- City/TownTax Freq: Annually
- Tax w/Assessment: $1,498,660
- Tax Amount: $17,283
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: Excludes all equipment and furniture that is property of existing tenants
- Inclusions: To be determined
- Lot Number: 825
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Schools
Schools serving 705 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 | 0.2 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 | 1.1 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 705 8th St SE
Date
Details
Price
Change
Source
12/09/2024
Price Reduced
$2,215,000
-19.45%
MLS
8/21/2024
Listed
$2,750,000
—
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 705 8th St SE
Year
Property Taxes
Change
Tax Assessment
Change
2025
$21,273
23%
$1,498,660
23%
2024
$17,283
—
$1,217,600
—
2023
$17,283
—
$1,217,600
—
2022
$17,283
—
$1,217,600
—
2021
$17,283
25%
$1,217,600
3%
2020
$13,867
10%
$1,185,250
10%
2019
$12,607
20%
$1,077,500
20%
2018
$10,506
10%
$897,920
10%
2016
$9,551
—
$816,290
—
2015
$9,551
-15%
$816,290
—
2014
$11,292
—
$816,290
—
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 705 8th St SE
705 8th Street SE, Washington, DC 20003 (MLS# DCDC2152586) is a Apartment property. 705 8th Street SE is currently listed for $2,215,000 and was received on August 21, 2024. This property is listed by Chuck Burger from our Capitol Hill Office.Want to learn more about 705 8th Street SE? Do you have questions about finding other Apartment real estate for sale in Washington? You can browse all Washington real estate or contact a Coldwell Banker agent to request more information.


