Property

Washington, DC 20018 2707 12Th Street NE

2707 12Th Street NE Washington, DC - Image 12707 12Th Street NE Washington, DC - Image 2
Presented By: Marcus & Millichap Real Estate
  • MLS# DCDC2206012
  • 06/13/2025
  • Request Tour
  • Request Info
  • SQFT • 1,800

Home Details

We are pleased to offer for sale the 1,800 square-foot mixed-use property located at 2702 12th Street NE in the Brookland submarket of Washington, D.C. This MU-3 zoned commercial building comprises two spacious three-bedroom, one-bath residential units and a street-facing retail space on the ground floor. Each unit is separately metered, allowing for efficient utility management. Recent capital improvements include upgrades to the windows, electrical and plumbing systems, and the installation of central HVAC for both the retail space and the top-floor residential unit. The property currently has a voucher tenant in one residential unit, while the second unit is vacant. There is immediate value-add potential with one vacant residential unit and a vacant retail space. The pro forma CAP rate is projected at 8.38 percent, making this an attractive opportunity for both seasoned investors and those seeking a stable urban asset. The availability of seller financing further reduces acquisition barriers, enhancing the property's overall appeal. Situated in the highly desirable and rapidly evolving Brookland neighborhood of Northeast D.C., the property is just steps from the commercial corridor along Rhode Island Avenue and minutes from the Brookland-CUA Metro Station. It is ideally positioned to benefit from neighborhood foot traffic and strong connectivity to downtown Washington and the greater metropolitan area. The Brookland neighborhood has undergone significant transformation over the past decade. Once known for its religious institutions and quiet residential character, Brookland has emerged as one of Northeast D.C.s most sought-after enclaves, driven by new development, public investment, and an influx of young professionals attracted to its affordability, walkability, and strong sense of community. The nearby Monroe Street Market (0.09 miles away) has become a major destination, offering retail, art studios, dining, and year-round events that draw visitors from across the region.
Presented By: Marcus & Millichap Real Estate

Interior Features for 2707 12Th Street NE

Other Interior Features

Central Air Y/NYes
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas

General for 2707 12Th Street NE

Acceptable FinancingSeller Financing, Cash, Conventional
AccessibilityNone
Business TypeOther/General Retail
CityWASHINGTON
Construction MaterialsBrick
Cool FuelElectric
CoolingCentral A/C
CountyWASHINGTON
DirectionsSee Google Maps
DisclosuresLead Based Paint - Federal, Lead Based Paint - State, Prop Disclaimer, Prop Disclosure
HeatingForced Air
Lease Considered Y/NNo
Legal SubdivisionBrookland
Lot Size Square Feet956.00
Lot Size UnitsSquare Feet
ModificationTimestamp2025-06-13T11:54:16
New ConstructionNo
Number Of Units Total3
OwnershipFee Simple
PossessionImmediate, Settlement
Price Per Sq Ft Total AG318.88
Property SubtypeMixed Use
Property TypeCommercial Sale
SewerPublic Sewer, Public Septic
Standard StatusActive
StatusACTIVE
Subdivision NameBROOKLAND
Tax Annual Amount5159.0
Tax Assessed Value307170.0
Tax Lot42
Tax Year2024
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1925
Year Built SourceAssessor
ZoningMU-3

Exterior for 2707 12Th Street NE

Building Area Total2352.00
Car Parking Spaces
Land Assessed Value91680.00
Land Use Code
Lot Size Acres0.02
Lot Size SourceAssessor
Navigable Water Y/NNo
Soil TypesUnknown
Total Loading Docks0
Total Parking Spaces0
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Ebonie Clerier

Associate
Price $750,000
MLS#DCDC2206012
List Date 06/13/2025
Property Type Commercial
Request Tour
Request Info
Visit My Website

Similar Properties to 2707 12Th Street NE

Get Pre-approved