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    625 Monroe St Washington, DC 20017

    Sponsored
    For Lease
    Contact for pricing

    Vibrant DC location, multiple units available.

    Lot size:
    16,267 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail opportunity is situated at the entrance to Catholic University and the Brookland-CUA Metro station in Northeast Washington, DC. The Monroe Street Market is part of a thriving mixed-use development encompassing 720 multi-family residential units, 45 townhouses, and over 80,000 square feet of retail space. The property also includes 15,025 square feet of dedicated artist space and a 3,000 square foot community arts center, ensuring a vibrant and diverse customer base. The total building size is 16,267 square feet, with multiple spaces available ranging from a minimum of 1,008 square feet to a maximum contiguous space of 4,718 square feet. Currently, 19,529 square feet is vacant. The property benefits from excellent vehicular access, with multiple traffic-signalized intersections at Michigan Avenue NE & Monroe Street NE, Michigan Avenue NE & 7th Street NE, and Monroe Street NE & 7th Street NE. This prime location offers unparalleled visibility and accessibility, making it an ideal investment for a variety of retail businesses. The property is located in Washington County.

    Property Features for 625 Monroe St

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    16,267 SF

    Unit(s) available at that property

    Space
    Suite E2
    Size
    2,985 SF
    Space
    Suite C4
    Size
    1,008 SF
    Space
    Suite B7
    Size
    1,476 SF
    Space
    Suite A
    Size
    1,738 SF

    HighLights

    • Prime location at the entrance to Catholic University and the Brookland‑CUA Metro station.
    • 720 multifamily units, 45 townhouses, and over 80,000 SF of retail space within the development, plus artist studios and a community arts center.
    • Excellent vehicular access via multiple signalized intersections.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Map

    City
    Washington
    County
    Washington
    State
    District of Columbia
    Longitude
    -76.9971246
    Latitude
    38.9318318

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    FAQs

    What type of property is this?
    Lifestyle center - Vibrant DC location, multiple units available.
    Where is this lifestyle center located?
    The property is located at 625 Monroe St Washington, DC.
    What are key features of this property?
    This property features: Prime location at the entrance to Catholic University and the Brookland-CUA Metro station.; 720 multifamily units, 45 townhouses, and over 80,000 SF of retail space within the development, plus artist studios and a community arts center.; Excellent vehicular access via multiple signalized intersections.
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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
    625 Monroe St Washington, DC 20017
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