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Investors seeking a stabilized asset in Washington DC will find this corner retail property with four apartments above a practical addition to an urban portfolio. Currently operating at full occupancy, the building presents a consistent income stream in the 20003 zip code. Situated on Pennsylvania Avenue Southeast, the site benefits from the dense connectivity and commercial activity characteristic of the District of Columbia. The dual-use configuration allows for diverse revenue generation, pairing ground-floor retail frontage with residential units on the upper levels. This asset type remains a staple for those looking to maintain a presence within the capital city's competitive real estate landscape, where transit access and local walkability continue to support long-term property demand. Whether looking to hold as-is or evaluate potential repositioning strategies, this site provides a functional footprint in an established neighborhood.
Run the numbers on this deal. All calculations are estimates — verify with your lender and accountant.