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1324 18th St NW 17,833 SF 100% Leased Office Building Washington, DC 20036 $9,495,000 ($532.44/SF)
EXECUTIVE SUMMARY
Premier Development Opportunity in Dupont Circle
1324 18th Street NW is a fully permitted, shovel-ready project located just off Dupont Circle. Approved for a high-end 55-unit boutique short term rental/hotel concept or residential development, the plans preserve the striking historic façade while introducing a thoughtfully designed new-construction tower at the rear. Permitted as a short term rental/hotel. Also can be residential by right. This is a rare opportunity to deliver hospitality or luxury residences in one of DC’s most desirable and walkable neighborhoods.
1324 18th Street NW is a fully permitted, shovel-ready project located just off Dupont Circle. Approved for a high-end 55-unit boutique short term rental/hotel concept or residential development, the plans preserve the striking historic façade while introducing a thoughtfully designed new-construction tower at the rear. Permitted as a short term rental/hotel. Also can be residential by right. This is a rare opportunity to deliver hospitality or luxury residences in one of DC’s most desirable and walkable neighborhoods.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Office
Property Subtype
Office/Residential
Building Size
17,833 SF
Building Class
C
Year Built
1870
Price
$9,495,000
Price Per SF
$532.44
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
5,944 SF
Building FAR
2.88
Lot Size
0.14 AC
Zoning
MU-1/DC, MU-9B/DC - Industrial
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Walk Score®
Walker's Paradise (99)
Transit Score®
Excellent Transit (88)
Bike Score®
Biker's Paradise (95)
PROPERTY TAXES
| Parcel Number | 0137-0061 | Improvements Assessment | $2,612,620 |
| Land Assessment | $2,972,950 | Total Assessment | $5,585,570 |
PROPERTY TAXES
Parcel Number
0137-0061
Land Assessment
$2,972,950
Improvements Assessment
$2,612,620
Total Assessment
$5,585,570
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1324 18th St NW
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