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Downtown DC Repositioning | Dupont Circle 1230 17th St NW 5,220 SF Vacant Office Building Washington, DC 20036 $2,500,000 ($478.93/SF)
INVESTMENT HIGHLIGHTS
- Rare investment opportunity to acquire a prime Queen Anne-style office building with value-add potential in the heart of Downtown Washington, DC.
- 1230 17th St NW is a highly accessible asset less than a mile from five metro stations and 13 parking garages, ideal for commuters.
- Located in an extremely business-friendly area with a strong talent pool that includes over 140,000 daytime employees.
- Situated near the corner of N St NW and 17th St NW, a strong location between Dupont Circle and The White House.
- Demographics within two miles include over 206,319 residents, 72% of which have a college degree and an average HHI above $149,300.
EXECUTIVE SUMMARY
Best suited for Office Space. Renovated in 2014. Rare investment opportunity to acquire a prime Queen Anne-style office building with value-add potential in the heart of Downtown Washington, DC. Situated near the corner of N St NW and 17th St NW, a strong location between Dupont Circle and The White House. 1230 17th St NW is a highly accessible asset less than a mile from five metro stations and 13 parking garages, ideal for commuters. Demographics within two miles include over 206,319 residents, 72% of which have a college degree and an average HHI above $149,300. Located in an extremely business-friendly area with a strong talent pool that includes over 140,000 daytime employees.
DATA ROOM Click Here to Access
- Offering Memorandum
- Operating and Financials
- Purchase Agreement
- Third Party Reports
- Title and Insurance
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
5,220 SF
Building Class
B
Year Built/Renovated
1903/2013
Price
$2,500,000
Price Per SF
$478.93
Percent Leased
Vacant
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
1,305 SF
Slab To Slab
10’
Building FAR
3.99
Lot Size
0.03 AC
Zoning
MU-15 - Mixed-Use zoning. Suitable for offices. Can also be converted to multi-family.
AMENITIES
- Central Heating
- Hardwood Floors
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Walk Score®
Walker's Paradise (99)
Transit Score®
Rider's Paradise (99)
Bike Score®
Biker's Paradise (92)
PROPERTY TAXES
| Parcel Number | 0159-0071 | Improvements Assessment | $2,253,110 |
| Land Assessment | $1,005,760 | Total Assessment | $3,258,870 |
PROPERTY TAXES
Parcel Number
0159-0071
Land Assessment
$1,005,760
Improvements Assessment
$2,253,110
Total Assessment
$3,258,870
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Downtown DC Repositioning | Dupont Circle | 1230 17th St NW
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