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218 7th St SE 9,939 sq ft 20% Let Retail Property Washington, DC 20003 £3,740,150 (£376.31/sq ft)



EXECUTIVE SUMMARY
218 7th st SE is a mixed-use property consisting of one retail unit, two live/work units, and two residential units totaling 9,939 square feet gross with
7,088 square feet of net rentable area. The retail unit accounts for just about 4,000 square feet between the basement and the first floor of the building and is currently vacant. The live/ work units account for 795 square feet and 646 square feet, respectively, on the second floor of the building. There are identical units each contain one bedroom and two bathrooms across the third and fourth floors and account for 998 square feet and 934 square feet respectively. The building was originally constructed in 1983 and presents in great condition with 20 feet of frontage on the major commercial corridor of 7th Street SE. The property is situated on a 2,406 square foot parcel in an MU-25 zone at the Eastern Market.
7,088 square feet of net rentable area. The retail unit accounts for just about 4,000 square feet between the basement and the first floor of the building and is currently vacant. The live/ work units account for 795 square feet and 646 square feet, respectively, on the second floor of the building. There are identical units each contain one bedroom and two bathrooms across the third and fourth floors and account for 998 square feet and 934 square feet respectively. The building was originally constructed in 1983 and presents in great condition with 20 feet of frontage on the major commercial corridor of 7th Street SE. The property is situated on a 2,406 square foot parcel in an MU-25 zone at the Eastern Market.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER sq ft |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per sq ft | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per sq ft | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
PROPERTY FACTS
Sale Type
Investment or Owner Occupier
Property Type
Retail
Property Subtype
Property Size
9,939 sq ft
Costar Property Class
C
Year Built
1983
Price
£3,740,150
Price per sq ft
£376.31
Occupancy Rate
20%
Tenancy
Multiple
Number of Floors
3
Plot ratio
3.00
Total Plot Size
0.08 ac
Use Class
MU-25 - permits moderate-density mixed-use development, allowing a mix of commercial, institutional, and multi-family residential uses,
Parking
2 Spaces (0.2 Spaces per 1,000 sq ft Leased)
Frontage
20 ft on 7th St
AMENITIES
- Signage
SPACE AVAILABILITY
- SPACE
- SIZE
- USE
- POSITION
- AVAILABLE
Great space, on two floors.
Great space, on two floors.
| Space | Size | Space Use | Position | Available |
| Lower Level | 2,200 sq ft | Retail | In-Line | Now |
| 1st Floor | 1,800 sq ft | Retail | In-Line | Now |
Lower Level
| Size |
| 2,200 sq ft |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
1st Floor
| Size |
| 1,800 sq ft |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
1 of 28
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Lower Level
| Size | 2,200 sq ft |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
Great space, on two floors.
1st Floor
| Size | 1,800 sq ft |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
Great space, on two floors.
Walk Score®
Excellent pedestrian access (94)
Transit Score®
Excellent Public Transport (82)
Bike Score®
Ideal For Cyclists (97)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0900-0068 | Improvements Assessment | £2,182,428 (2025) |
| Land Assessment | £548,262 (2025) | Total Assessment | £2,730,690 (2025) |
PROPERTY TAXES
Parcel Number
0900-0068
Land Assessment
£548,262 (2025)
Improvements Assessment
£2,182,428 (2025)
Total Assessment
£2,730,690 (2025)
1 of 7
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Homesource United
218 7th St SE
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