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Renovated Capitol Hill Commercial Space
For Lease
$5,000/Mo NNN

1223 Pennsylvania Ave Se, Washington, DC 20003

Renovated commercial property in Capitol Hill, near two metro stations.

Space SizeContact for details
Days on Market420

Property Features for 1223 Pennsylvania Ave Se

General Information

Standard status Active

Building Details

Year Built 1915
Listing Agency: REALTY ADVANTAGE OF MARYLAND LLC
Listed By: SONELA ARDEKANI · License #SP40003073
Source: Corcoran
Added: Jul 21, 2025 Changed: Mar 16 Last Checked: Aug 25 at 4:56AM

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 REALTY ADVANTAGE OF MARYLAND LLC

Investment Insights

Based on property information with market context.

This beautifully renovated commercial property features exceptional first and second floors in the heart of Capitol Hill. The location is within walking distance of the U.S. Capitol and is conveniently located 0.3 miles from the Potomac Ave Metro station and 0.4 miles from the Eastern Market Metro station. The property underwent a full renovation in July 2025 and is in pristine condition. The zoning allows for multiple uses such as retail, office, restaurant, and spa. The owner is open to leasing the entire building for a total monthly rent of $7,000. The property is offered as a triple net lease.

Key Highlights

  • Prime Capitol Hill location, steps from the U.S. Capitol.
  • Excellent accessibility: just a short walk to Potomac Ave Metro and Eastern Market Metro.
  • Recently renovated in July 2025 and in pristine condition.

Property Analytics

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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
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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
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Frequently Asked Questions

What type of property is this?
Office units - Renovated commercial property in Capitol Hill, near two metro stations.
Where is this office units located?
The property is located at 1223 Pennsylvania Ave Se Washington, DC.
What is the lease rate?
The lease rate is $5,000/Mo.
What are key features of this property?
This property features: Prime Capitol Hill location, steps from the U.S. Capitol.; Excellent accessibility: just a short walk to Potomac Ave Metro and Eastern Market Metro.; Recently renovated in July 2025 and in pristine condition.
More about this property
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