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    405 Rhode Island Ave NE Washington, DC 20002

    For Lease
    $5,800 /Mo ($53 SF/Yr)

    CommercialLease - WASHINGTON, DC

    Type:Retail
    Lot size:
    0.03 Acres
    Days on Market:
    12
    Last Refresh:
    Dec 6 at 12:06 am

    Property Features for 405 Rhode Island Ave NE

    General Information

    Property type
    Other
    Property subtype
    Retail
    Standard status
    Active
    Parking features
    On Street
    Lot size
    0.03 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1923
    Building materials
    Brick

    DC Real Property,LLC (202) 468-5917 [email protected]

    Listing agent Kenn B Blagburn (202) 800-8389 License #PB98373602

    Listing date Nov 25, 2025

    Copyright © 2025 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.

    Overview

    Prime Retail Space Near Metro

    This two-level retail property is located two blocks from the Rhode Island Ave-Brentwood Metro Station. The property features a two-level retail/commercial layout and a separate rear office/storage/production area. It offers direct visibility and signage on Rhode Island Ave, which sees approximately 11,000-12,000 vehicles per day. The property is situated in a retail corridor with national tenants such as Home Depot, McDonald's, 7-Eleven, AutoZone, Popeyes, Exotic Wine & Liquors, and UPS Store nearby, as well as Giant Food and CVS in Rhode Island Row. Major mixed-use developments are located across the street, including Bryant Street NE with Alamo Drafthouse Cinema and Bryant Street Market, and Rhode Island Row with 327 units plus retail. The location benefits from traffic driven by Kraken Kourts & Skates, Other Half Brewing, Busboys & Poets, Smith Public Trust, and Zeke's Coffee. The property is supported by residential density, including the Bryant Street NE Development with over 1,500 planned residential units, Rhode Island Row, and the Edgewood/Eckington/Brookland Neighborhoods, with proximity to Catholic University, Trinity Washington University, and Howard University/Med School.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Washington
    County
    District of Columbia
    State
    DC
    Longitude
    -77.0002
    Latitude
    38.91961

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    FAQs

    What type of property is this?
    Retail space - Two-level retail space near national retailers and metro.
    Where is this retail space located?
    The property is located at 405 Rhode Island Ave NE Washington, DC.
    What is the lease rate?
    The lease rate is $53 SF/Yr.
    What are key features of this property?
    This property features: - Prime Location: Just two blocks from the Rhode Island Ave-Brentwood Metro Station (Red Line).; - High Visibility: Direct frontage on Rhode Island Avenue with significant signage opportunities and 11,000-12,000 vehicles passing daily.; - Anchored Retail Corridor: Surrounded by major national retailers like Home Depot, McDonald's, and Giant Food.
    (202) 800-8389
    Request Owner's contact information
    405 Rhode Island Ave NE Washington, DC 20002
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    Washington, DC 20002
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    405 Rhode Island Ave NE Washington, DC 20002
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