Renovated Two-Level Retail
For Lease
$4,000/Mo CAM $470 /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
Retail
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
(301) 881-9800
Listed By:
Sonela Ardekani · License #SP40003073
(202) 316-2103
Added: Jul 14
Changed: Sep 11
Last Checked: Sep 13 at 5:06PM
MLS# DCDC2273444
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 available premises comprise the first and second floors of a brick property built in 1915. A major renovation completed in July 2025 updated the space, which is described as ready for immediate occupancy. Zoning supports a range of commercial applications, including retail, office, restaurant, and spa uses. The offering is structured as a triple-net lease, with on-street parking available.
Located at 1223 Pennsylvania Avenue SE in Washington, DC, the property is within Capitol Hill and near the U.S. Capitol. Potomac Ave Metro is 0.3 miles away, while Eastern Market Metro is 0.4 miles away. Showings are available by appointment only.
Located at 1223 Pennsylvania Avenue SE in Washington, DC, the property is within Capitol Hill and near the U.S. Capitol. Potomac Ave Metro is 0.3 miles away, while Eastern Market Metro is 0.4 miles away. Showings are available by appointment only.
Key Highlights
- First- and second‑floor retail space available
- Major renovation completed in July 2025
- Zoning supports retail, office, restaurant, spa, and other uses
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
2,870
Businesses Nearby
77k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 59%
Shops & Services 36%
Home Improvements & Furnishings 3%
Electronics 1%
McDonald's
Dining
32,170 visits/mo
0.4 miles
BP
Shops & Services
9,147 visits/mo
0.3 miles
Sunoco
Shops & Services
8,371 visits/mo
0.1 miles
Jeni's Splendid Ice Creams
Dining
6,636 visits/mo
0.3 miles
Exxon
Shops & Services
6,608 visits/mo
0.1 miles
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Washington, DC
$41.2 /SF/Yr
Avg Asking Price
$3.24–$81.96 /SF/Yr
Price Range
6,521 SF
Avg Space Size
Vacancy Rate% for Retail in Washington, DC
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Updated first- and second-floor premises accommodate retail, office, restaurant, spa, and other zoning-supported uses.
Where is this retail space located?
The property is located at 1223 PENNSYLVANIA Avenue SE Washington, DC.
What is the lease rate?
The lease rate is $4,000/Mo.
What are key features of this property?
This property features: First- and second‑floor retail space available; Major renovation completed in July 2025; Zoning supports retail, office, restaurant, spa, and other uses
