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    1442 Pennsylvania Ave Washington, DC 20003

    For Lease
    Contact for pricing

    Prime 2,870 SF Retail, Capitol Hill, DC

    Lot size:
    2,870 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 2,870 square foot retail space is ideally situated at the corner of 15th Street SE and Pennsylvania Avenue SE in Washington, DC's vibrant Capitol Hill neighborhood. Boasting high visibility due to its corner location, this second-generation retail space offers immediate occupancy. The property benefits from a high daily traffic count of 21,905 vehicles. Its convenient location provides easy access to public transportation, with the Potomac Avenue Metro Station (serving the Blue, Orange, and Silver lines) just a short distance away, boasting an average daily ridership of 1,751. Ample metered street parking is readily available directly in front of the property, ensuring convenient access for customers and employees. The space is perfect for a single tenant seeking a prominent location in a bustling and densely populated area. This is a unique opportunity to establish a thriving business in a highly desirable and well-connected location within the District of Columbia. The property is classified as a single-tenant retail space and is ready for immediate lease. The address is 1442 Pennsylvania Ave. SE, Washington, DC 20003.

    Property Features for 1442 Pennsylvania Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,870 SF

    Unit(s) available at that property

    Space
    Size
    2,870 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Washington
    County
    District Of Columbia
    State
    District of Columbia
    Longitude
    -76.9839727
    Latitude
    38.8800627

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    FAQs

    What type of property is this?
    Retail property - Prime 2,870 SF Retail, Capitol Hill, DC
    Where is this retail property located?
    The property is located at 1442 Pennsylvania Ave Washington, DC.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1442 Pennsylvania Ave Washington, DC 20003
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