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    603 I St Washington, DC 20001

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    For Lease
    Contact for pricing

    Multiple Suites Available, I Street NW

    Lot size:
    4,940 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail property at 603 I Street NW in Washington, DC offers 4,940 square feet of completely vacant space, ideal for multiple tenants. The property is located in Washington County, within the 20001 zip code, and presents a unique opportunity for businesses seeking high-visibility locations in the heart of the city. Three spaces are currently available, ranging from a minimum of 955 square feet to a maximum contiguous space of 2,458 square feet, providing flexibility for various business needs and sizes. The building's total square footage is 4,940 square feet, ensuring ample space for a variety of retail concepts. This prime location offers excellent street visibility and foot traffic, making it an attractive proposition for businesses seeking a strong presence in a vibrant urban environment. The property is classified as commercial retail and is suitable for multiple tenants, allowing for a diverse mix of businesses to thrive within the same building. This is a rare opportunity to secure a significant retail presence in a highly desirable area of Washington, DC. The address is 603 I Street NW, Washington, District of Columbia. The property is ready for immediate occupancy.

    Property Features for 603 I St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,940 SF

    Unit(s) available at that property

    Space
    Ground Level
    Size
    1,527 SF
    Space
    Lower Level
    Size
    2,458 SF
    Space
    P 1 Level
    Size
    955 SF

    HighLights

    • 4,940 SF retail space.
    • Excellent location between City Center DC and Mount Vernon Triangle.
    • Full renovation opportunity of a historic multi‑level townhome.
    • One block from Chinatown/Gallery Place Metro station.
    Property Profile Location Intelligence

    Current Use by Public Records

    Fujian Residents Association Association / Organization

    Suggested Use

    Restaurant Spa & Massage Realty agency Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Washington
    County
    Washington
    State
    District of Columbia
    Longitude
    -77.0202073
    Latitude
    38.9010353

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    FAQs

    What type of property is this?
    Retail property - Multiple Suites Available, I Street NW
    Where is this retail property located?
    The property is located at 603 I St Washington, DC.
    What are key features of this property?
    This property features: 4,940 SF retail space.; Excellent location between City Center DC and Mount Vernon Triangle.; Full renovation opportunity of a historic multi-level townhome.
    Request Owner's contact information
    603 I St Washington, DC 20001
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    Washington, DC 20001
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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
    603 I St Washington, DC 20001
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