Renovated Basement Office
For Lease
$1,500/Mo NNN
1223 PENNSYLVANIA Avenue SE, Washington, DC 20003
CommercialLease - WASHINGTON, DC
Space SizeContact for details
Lot Size0.02 Acres
Days on Market48
Property Features for 1223 PENNSYLVANIA Avenue SE
General Information
Property type
Other
Property subtype
Office
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: Jul 15
Last Checked: Aug 30 at 7:06AM
MLS# DCDC2273500
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.
A renovated basement floor office suite is available for lease in Washington, DC. The space underwent major renovation in July 2025 and is described as being in pristine condition, with showings available by appointment only. The listing includes the basement floor only.
The property is positioned on Pennsylvania Avenue SE on Capitol Hill, described as a short walk to the U.S. Capitol. It is also noted as approximately 0.3 miles from the Potomac Ave Metro and 0.4 miles from the Eastern Market Metro.
The space is offered as a triple net lease, with triple net payment estimated at $235 per month. According to the remarks, zoning allows for a variety of uses, including office, retail, restaurant, and spa. The owner also encourages leasing the entire building for a discounted total monthly rent of $5,500.
The property is positioned on Pennsylvania Avenue SE on Capitol Hill, described as a short walk to the U.S. Capitol. It is also noted as approximately 0.3 miles from the Potomac Ave Metro and 0.4 miles from the Eastern Market Metro.
The space is offered as a triple net lease, with triple net payment estimated at $235 per month. According to the remarks, zoning allows for a variety of uses, including office, retail, restaurant, and spa. The owner also encourages leasing the entire building for a discounted total monthly rent of $5,500.
Key Highlights
- Basement floor available on Capitol Hill, short walk to the U.S. Capitol
- Renovation completed July 2025; space described as in pristine condition and ready for immediate occupancy
- Triple net lease offered; estimated triple net payment of $235 per month
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
2,870
Businesses Nearby
Explore this area
Business Placement
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
Market
Lease Benchmarks for Washington, DC
$34.44 /SF/Yr
Avg Asking Price
$1.65–$81.96 /SF/Yr
Price Range
9,983 SF
Avg Space Size
Vacancy Rate% for Office in Washington, DC
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Renovated basement floor suite available by appointment near Potomac Avenue and Eastern Market Metro stations.
Where is this office units located?
The property is located at 1223 PENNSYLVANIA Avenue SE Washington, DC.
What is the lease rate?
The lease rate is $1,500/Mo.
What are key features of this property?
This property features: Basement floor available on Capitol Hill, short walk to the U.S. Capitol; Renovation completed July 2025; space described as in pristine condition and ready for immediate occupancy; Triple net lease offered; estimated triple net payment of $235 per month
