Search
Renovated Basement Office Unit
For Lease
$1,500/Mo CAM $235 /USD/MO

1223 PENNSYLVANIA Avenue SE, Washington, DC 20003

CommercialLease, WASHINGTON, DC

Space SizeContact for details
Lot Size0.02 Acres
Days on Market62

Property Features for 1223 PENNSYLVANIA Avenue SE

General Information

Property type Other
Property subtype Office
Parking features On Street
Subdivision CAPITOL HILL
Elementary school district DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Middle school district DISTRICT OF COLUMBIA PUBLIC SCHOOLS
High school district DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Standard status Active
Lot size 0.02 Acres

Utilities

Heating system Forced Air
Cooling system Heat Pump

Building Details

Year built 1915
Number of units 2
Building materials Brick
Listing Agency: Realty Advantage of Maryland LLC
Listed By: Sonela Ardekani · License #SP40003073
Added: Jul 14 Changed: Sep 11 Last Checked: Sep 13 at 9:06PM
MLS# DCDC2273500

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

The basement floor at this 1915 brick property was renovated in July 2025 and is offered for immediate occupancy. The space is classified as an office unit and benefits from forced-air heating, heat-pump cooling, and on-street parking. The offering includes the basement floor only.

Located on Pennsylvania Avenue SE in Capitol Hill, the property is 0.3 miles from Potomac Ave Metro and 0.4 miles from Eastern Market Metro. The U.S. Capitol is within walking distance. Zoning supports a range of uses, including office, retail, restaurant, and spa applications. The property sits on a 0.0226-acre lot.

Key Highlights

  • Basement floor renovated in July 2025
  • Office unit with zoning supporting office, retail, restaurant, and spa uses
  • 0.3 miles from Potomac Ave Metro

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Friends Smoke Shop (Bike/Boat/Book/etc) Store Afrose Cosmetic Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Auto Parts Store Electrical Service Hair Salon Electronics & Wireless Store Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,870
Businesses Nearby

Demographics for 20003, DC

36,501
Population
20,817
Households
1.8
Avg Household Size
35
Median Age
81%
College-Educated
97%
High-School Grad
2.3 sq mi
ZIP Area
15,870
Density / Sq Mi
$159,604
Median Household Income
$107,846
Median Earnings
$2,630
Median Rent
$954,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Washington, DC

$32.05 /SF/Yr
Avg Asking Price
$2.31–$81.96 /SF/Yr
Price Range
9,042 SF
Avg Space Size

Vacancy Rate% for Office in Washington, DC

14.8% 2019
17% 2020
18.1% 2021
19.5% 2022
20.7% 2023
21.9% 2024
22.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office units - Brick commercial space near two Metro stations with zoning supporting office, retail, restaurant, and spa uses.
Where is this office units located?
The property is located at 1223 PENNSYLVANIA Avenue SE Washington, DC.
What is the lease rate?
The lease rate is $1,500/Mo.
What are key features of this property?
This property features: Basement floor renovated in July 2025; Office unit with zoning supporting office, retail, restaurant, and spa uses; 0.3 miles from Potomac Ave Metro
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message