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Retail and Residential Mixed-Use Building
For Sale
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1203 Talbert St SE, Washington, DC 20020

Main-floor liquor store with 30+ years in operation plus two upstairs 2-bedroom units and shared laundry room.

Property SizeContact for details
Days on Market125

Property Features for 1203 Talbert St SE

General Information

Standard status Active
Property subtype Retail

Additional Details

Business Included Yes
Multifamily Units 2
Listing Agency: Fairfax Realty Select
Listed By: Howard Whang · License #VA
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 3:57PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fairfax Realty Select

Investment Insights

Based on property information with market context.

This mixed-use property includes an operating liquor store on the main floor and two upstairs residential units. The upper level is configured as two separate 2-bedroom units, each with one full bathroom and a kitchen. In total, the upstairs offers 4 bedrooms, 2 bathrooms, 2 kitchens, a laundry room, and two family rooms.

The seller’s remarks note continued operation of the liquor store for more than 30 years, providing established retail presence within the building.

Overall, the asset combines income-producing retail space with residential living areas under one ownership, with clear separation between the main-floor commercial operation and the upstairs units.

Key Highlights

  • Main‑floor liquor store operating for 30+ years
  • Two upstairs units: each unit has 2 bedrooms and 1 full bathroom
  • Upstairs layout totals 4 BR, 2 BA, 2 kitchens, plus a laundry room

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Hair Salon Spa & Massage Center Kitchen & Bath Showroom Nail Salon Building Supply

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

2
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,044
Businesses Nearby

Demographics for 20020, DC

51,616
Population
26,376
Households
2
Avg Household Size
34
Median Age
28%
College-Educated
89%
High-School Grad
4.6 sq mi
ZIP Area
11,221
Density / Sq Mi
$53,015
Median Household Income
$48,752
Median Earnings
$1,317
Median Rent
$442,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Main-floor liquor store with 30+ years in operation plus two upstairs 2-bedroom units and shared laundry room.
Where is this retail space located?
The property is located at 1203 Talbert St SE Washington, DC.
What are key features of this property?
This property features: Main‑floor liquor store operating for 30+ years; Two upstairs units: each unit has 2 bedrooms and 1 full bathroom; Upstairs layout totals 4 BR, 2 BA, 2 kitchens, plus a laundry room
More about this property
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