Listing Agency: H&R Retail - Washington, DC Show Phone

Listed By: Bradley Buslik Show Phone

Source: Moodyscre

Added: Mar 28, 2025 Changed: Jul 29 Last Checked: Jul 31 at 9:45AM

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Investment Insights

Based on property information with market context.

Retail storefront space totaling 4,940 SF at 603 I St NW in Washington, DC. The configuration is described as a full multi-level historic townhome renovation opportunity, offering a chance to reimagine interior layouts across multiple levels.

The property is positioned between the City Center DC and Mount Vernon areas, with transit convenience highlighted as being one block from the Chinatown/Gallery Place Metro. This walkable access may support tenant concepts that benefit from nearby daily activity.

Ideal for a tenant seeking to customize a multi-level retail environment, the space lends itself to renovations that align with a new operating plan while keeping the existing townhome-inspired structure as a starting point.

Key Highlights

• 4,940 SF retail space at 603 I St NW, Washington, DC
• Full multi‑level historic townhome renovation opportunity
• One block to the Chinatown/Gallery Place Metro

Property Analytics

Current Use

Fujian Residents Association Association / Organization

Suggested Use

Top Pick Butcher Tanning Salon (Bike/Boat/Book/etc) Store Clothing & Fashion Store Buffet Tattoo & Piercing Shop

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

11,437

Businesses Nearby

112k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Hotels & Casinos 43% Groceries 25% Shops & Services 23% Dining 9%

Safeway Groceries

28,133 visits/mo 0.3 miles

Washington Marriott At Metro Center Hotels & Casinos

24,363 visits/mo 0.5 miles

TD Bank Shops & Services

11,904 visits/mo 0.2 miles

Hampton Inn Washington Downtown Convention Center Hotels & Casinos

6,622 visits/mo 0.2 miles

HSBC Shops & Services

6,258 visits/mo 0.2 miles

Demographics for 20001, DC

49,040

Population

26,728

Households

1.8

Avg Household Size

32

Median Age

78%

College-Educated

95%

High-School Grad

2.0 sq mi

ZIP Area

24,520

Density / Sq Mi

$138,730

Median Household Income

$94,675

Median Earnings

$2,464

Median Rent

$844,500

Median Home Value

Market

Lease Benchmarks for Washington, DC

$37.23 /SF/Yr

Avg Asking Price

$6.32–$62.68 /SF/Yr

Price Range

4,580 SF

Avg Space Size

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?

Storefront property - Retail space with a multi-level historic townhome renovation opportunity near the Chinatown/Gallery Place Metro.

Where is this storefront property located?

The property is located at 603 I St NW Washington, DC.

What are key features of this property?

This property features: 4,940 SF retail space at 603 I St NW, Washington, DC; Full multi‑level historic townhome renovation opportunity; One block to the Chinatown/Gallery Place Metro