2703 12th Street NE — Sale in Washington, DC

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Business
  • Location: Washington, DC 20018

Investment Figures

Cap rate
6.91%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

This mixed-use asset at 2703 12th Street NE offers investors the opportunity to acquire a stabilized, income-producing property in Washington, DC’s Brookland neighborhood. Priced at $768,000, the asset delivers a strong in-place return with a Year 1 cap rate of 6.67 Percent and net operating income of $51,226. The property consists of a ground-floor deli generating consistent foot traffic and two residential units above, providing diversified and reliable income streams. Its proximity to the Brookland Metro station enhances accessibility and supports continued tenant demand for both retail and residential uses. With stable cash flow and potential upside through rental growth and operational improvements, this asset is well-positioned for investors seeking a balanced mixed-use investment in a growing Northeast DC submarket. Investment Highlights: • Mixed-use asset with stable income: ground-floor deli plus two residential units, offering diversified revenue streams and strong tenant demand. • Prime Brookland location near Metro provides excellent connectivity, driving consistent foot traffic and residential appeal. • Value-add potential through rental optimization and long-term appreciation in a growing NE Washington, DC submarket.

Market Context

This mixed use in Washington, DC is listed for sale. It is offered at an approximate 6.9% capitalization rate, a key benchmark for income-producing mixed use assets. It has been on the market for 87 days. Compare it against other mixed use listings for sale in Washington, DC — view the full market.

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