3223 M St Northwest — Sale in Washington, DC

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Washington, DC 20007

Description

FULLY LEASED - 3223 M St FULLY LEASED SIZE Ground: ±1,940 SF 2nd Floor: ±1,079 SF 3rd Floor: ±1,079 SF Total: ±4,098 SF

Market Context

This retail in Washington, DC is listed for sale. It has been on the market for 195 days. Compare it against other retail listings for sale in Washington, DC — view the full market.

As of Q4 2025, the Washington D.C. retail market showed a 3.4% vacancy rate, average asking rents near $34.00/SF/yr, rents up 2.4% year over year, and cap rates around 6.8%.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Retail market FAQ

What is the typical cap rate for retail in Washington D.C.?
About 6.8% as of Q4 2025.
Is the Washington D.C. retail market tightening or softening?
Vacancy is around 3.4%, with asking rents rising year over year (Q4 2025).

Estimated Market Rate

$538.18/SF – $728.12/SF

Mid: $633.15/SF

Rate estimator only; cost-of-business estimate unavailable.

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