Building Details

Year Built 1923

Stories 2

Listed By: Raven Charles Show Phone

Source: Elliman

Added: Jun 24 Changed: Sep 3 Last Checked: Sep 12 at 7:38AM

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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 Raven Charles

Investment Insights

Based on property information with market context.

This highly visible two-level commercial space is configured with two levels of flexible space for a variety of business needs, along with a separate rear office, storage, or production area. The property is described as offering strong frontage and signage exposure to support customer-facing operations.

The building is located along the Rhode Island Avenue NE corridor, with convenient access approximately two blocks from the Rhode Island Ave–Brentwood Metro Station (Red Line). The surrounding area includes a mix of residential neighborhoods, new multifamily development, national retailers, restaurants, and entertainment and fitness uses.

Nearby destinations called out in the marketing materials include Rhode Island Row, Giant Food, CVS, Home Depot, Alamo Drafthouse Cinema, and Metrobar. Tenant and tenant’s agent should independently verify zoning, permitted use, occupancy requirements, and square footage.

Key Highlights

• 1923‑built two‑level commercial space near the Rhode Island–Brentwood Metro (Red Line), about two blocks away
• Flexible commercial layout with two levels plus a separate rear office, storage, or production area
• Strong transit and walkability scores: Walk Score 67, transitScore 62, bikeScore 53

Property Analytics

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Current Use

MAVEN (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Auto Parts Store Spa & Massage Center Accounting Firm Acupuncture

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

1,658

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 20002, DC

69,422

Population

38,459

Households

1.8

Avg Household Size

33

Median Age

70%

College-Educated

95%

High-School Grad

5.1 sq mi

ZIP Area

13,612

Density / Sq Mi

$114,482

Median Household Income

$82,909

Median Earnings

$2,140

Median Rent

$813,700

Median Home Value

Market

Lease Benchmarks for Washington, DC

$37.03 /SF/Yr

Avg Asking Price

$25–$52.17 /SF/Yr

Price Range

3,701 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

Questions? Ask Rey

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What type of property is this? Where is this storefront properties located? What is the lease rate? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Storefront property - Two-level commercial space with a separate rear office, storage, or production area near the Rhode Island–Brentwood Metro.

Where is this storefront property located?

The property is located at 405 RHODE ISLAND Ave NE Washington, DC.

What is the lease rate?

The lease rate is $5,800/Mo.

What are key features of this property?

This property features: 1923‑built two‑level commercial space near the Rhode Island–Brentwood Metro (Red Line), about two blocks away; Flexible commercial layout with two levels plus a separate rear office, storage, or production area; Strong transit and walkability scores: Walk Score 67, transitScore 62, bikeScore 53