Street-Level Storefront with
For Sale
Contact for pricing
2100 RHODE ISLAND AVENUE NE, Washington, DC 20018
Existing retail fixtures and rear parking accompany the street-level commercial space.
Property Size2,201 SF
Price / SF$1.52
Days on Market53
Property Features for 2100 RHODE ISLAND AVENUE NE
General Information
Standard status
Active
Size
2,201 SF
Total Parking Spaces
2
Property subtype
Commercial
Zoning
MU-4
Site & Location
Neighborhood
Ft. Washington
Frontage
25 ft
Traffic Count
30,000 vehicles/day
Additional Details
Floor
Ground
Building Details
Year Built
1923
Listing Agency:
Keller Williams Capital Properties
(202) 243-7700
Listed By:
Joseph Ewing Martin Jr. · License #5022591
(561) 716-5970
Source:
Cummingsrealtors
Added: Sep 11
Changed: Nov 1
Last Checked: Nov 1 at 6:02AM
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 Keller Williams Capital Properties
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Investment Insights
Based on property information with market context.
This street-level storefront at 2100 Rhode Island Avenue NE includes an existing second-generation retail configuration with fixtures from the prior user. The property is associated with a building constructed in 1923 and includes two rear parking spaces. MU-4 zoning supports a range of potential commercial uses, subject to applicable zoning and permitting requirements.
The property fronts Rhode Island Avenue NE in Northeast Washington, DC, with approximately 25 feet of frontage and reported daily traffic of approximately 30,000 vehicles. Major roads and public transportation are accessible from the site, which is surrounded by neighborhood businesses, restaurants, retail shops, and service providers.
The property fronts Rhode Island Avenue NE in Northeast Washington, DC, with approximately 25 feet of frontage and reported daily traffic of approximately 30,000 vehicles. Major roads and public transportation are accessible from the site, which is surrounded by neighborhood businesses, restaurants, retail shops, and service providers.
Key Highlights
- Approximately 25 feet of frontage along Rhode Island Avenue NE
- Reported traffic of approximately 30,000 vehicles per day
- MU‑4 zoning supports a range of potential commercial uses, subject to approvals
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,313
Suggested Prices Based on Cap Rates
Cap Rate 5%
$706,260
$706.3K
Cap Rate 7%
$504,471
$504.5K
Cap Rate 9%
$392,367
$392.4K
Market Conditions
NOI Build-Up for 2,201 SF
Gross rent
$52.8K $24.00/SF
− Vacancy
−$2.4K −$1.08/SF
EGI
$50.4K $22.92/SF
− OpEx
−$15.1K −$6.88/SF
NOI
$35.3K $16.04/SF
Area
Washington, DC
Vacancy
4.50%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$706,260
Cap Rate 7%
$504,471
Cap Rate 9%
$392,367
Alternative Uses
Best Use
Retail
$504.5K
$441.4K – $588.6K
NOI $35,313 @ 7.0% cap · market cap 1,056.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.13M
$990.6K – $1.32M
NOI $79,249 @ 7.0% cap · market cap 2,369.89%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
30,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
1,039
Businesses Nearby
19k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 96%
Electronics 4%
Family Dollar
Shops & Services
7,797 visits/mo
0.2 miles
Shell
Shops & Services
5,929 visits/mo
0.2 miles
Exxon
Shops & Services
3,390 visits/mo
0.2 miles
Midas
Shops & Services
1,084 visits/mo
0.4 miles
Boost Mobile
Electronics
753 visits/mo
0.3 miles
Demographics for 20018, DC
20,646
Population
9,753
Households
2.1
Avg Household Size
39
Median Age
46%
College-Educated
89%
High-School Grad
3.0 sq mi
ZIP Area
6,882
Density / Sq Mi
$92,569
Median Household Income
$71,947
Median Earnings
$1,245
Median Rent
$672,100
Median Home Value
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Market
Vacancy Rate% for Retail in Washington, DC
Similar Off Market Nearby
- Ode à la Rose — 2414 Douglas St NE, Washington, DC 20018
- Petals To The Metal Florist LLC — 2316 Rhode Island Ave NE, Washington, DC 20018
Frequently Asked Questions
What type of property is this?
Storefront property - Existing retail fixtures and rear parking accompany the street-level commercial space.
Where is this storefront property located?
The property is located at 2100 RHODE ISLAND AVENUE NE Washington, DC.
What are key features of this property?
This property features: Approximately 25 feet of frontage along Rhode Island Avenue NE; Reported traffic of approximately 30,000 vehicles per day; MU‑4 zoning supports a range of potential commercial uses, subject to approvals
