Listing Agency: Feldman Ruel

Listed By: Ian Ruel · License #DC BR200201389

Source: Crexi

Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 3:09PM

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Investment Insights

Based on property information with market context.

This retail space is located at 1603 Good Hope Road SE in Washington, D.C. The property is situated within the Anacostia neighborhood and is offered for sale.

Key Highlights

• Retail space at 1603 Good Hope Road SE
• Located in Washington, D.C.
• Situated within the Anacostia neighborhood

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Real Estate Agency Spa & Massage Center Nail Salon Building Supply Hair Salon

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

1,140

Businesses Nearby

6k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 71% Shops & Services 29%

Starbucks Dining

4,578 visits/mo 0.4 miles

Truist Shops & Services

1,899 visits/mo 0.2 miles

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 Retail in Washington, DC

4.9% 2019

5.4% 2020

5.6% 2021

4.8% 2022

4.6% 2023

4.2% 2024

4.6% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Retail space - Located on Good Hope Road SE in Washington, D.C., within the Anacostia neighborhood.

Where is this retail space located?

The property is located at 1603 Good Hope Road Se Washington, DC.

What are key features of this property?

This property features: Retail space at 1603 Good Hope Road SE; Located in Washington, D.C.; Situated within the Anacostia neighborhood