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Renovated Office and Retail Floors
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1223 PENNSYLVANIA AVENUE SE, Washington, DC 20003

Renovated first and second floors available with flexible zoning for retail, office, or other permitted uses.

Property Size1,980 SF
Price / SF$2.02
Days on Market115

Property Features for 1223 PENNSYLVANIA AVENUE SE

General Information

Standard status Active
Size 1,980 SF
Property subtype Commercial

Building Details

Year Built 1915
Year Renovated 2025
Stories 2
Listing Agency: Realty Advantage of Maryland LLC
Listed By: Sonela Ardekani · License #SP40003073
Source: Cummingsrealtors
Added: May 19 Changed: Sep 10 Last Checked: Sep 10 at 6:03AM

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.

Beautifully renovated first and second floors are available in the heart of Capitol Hill, located just a short walk from the U.S. Capitol. Major renovation was completed in July 2025, and the space is described as being in pristine condition and ready for immediate occupancy. The offering includes the first and second floors only, with an option to lease the entire building at a discounted total monthly rent.

The property is approximately 0.3 miles from Potomac Ave Metro and 0.4 miles from Eastern Market Metro, supporting convenient access for employees, clients, and customers.

Zoning allows for a variety of uses, including retail, office, restaurant, and spa, among others. The space is offered as a triple net lease, with triple net payment estimated at $470 per month. Showings are available by appointment only.

Key Highlights

  • Renovated first and second floors in a 1915‑built building on Capitol Hill, with major renovation completed July 2025
  • Lease offered as a triple net lease (NNN); estimated triple net payment of $470 per month
  • 0.3 miles to Potomac Ave Metro and 0.4 miles to Eastern Market Metro for convenient access

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.

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

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
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Frequently Asked Questions

What type of property is this?
Office units - Renovated first and second floors available with flexible zoning for retail, office, or other permitted uses.
Where is this office units located?
The property is located at 1223 PENNSYLVANIA AVENUE SE Washington, DC.
What are key features of this property?
This property features: Renovated first and second floors in a 1915‑built building on Capitol Hill, with major renovation completed July 2025; Lease offered as a triple net lease (NNN); estimated triple net payment of $470 per month; 0.3 miles to Potomac Ave Metro and 0.4 miles to Eastern Market Metro for convenient access
More about this property
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