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1420 N St NW - Towne Terrace East 1,820 SF Office Condo Unit Offered at $275,000 in Washington, DC 20005
INVESTMENT HIGHLIGHTS
- Exclusive Offering: 1,820 SF Lower Level Office Condo on the 1400 block of N St NW.
- Cost-Effective Ownership: Benefit from stable, long-term cost control compared to rising rental rates in the area.
- Well Maintained Property: Professionally managed building with amenities such as parking, building security, and a pool.
- Prime Downtown Location: Situated in the heart of DC, just minutes from Logan Circle, Dupont Circle, and the CBD.
- Accessibility & Transit: Convenient access to Metro stations (McPherson Square & Dupont Circle), major roadways, and public transit options.
- Versatile Use: Ideal for owner-users, professional firms, or investors seeking stable occupancy in a sought-after corridor.
PROPERTY FACTS
| Total Building Size | 173,760 SF | Typical Floor Size | 5,000 SF |
| Property Type | Multifamily (Condo) | Year Built | 1964 |
| Property Subtype | Apartment | Lot Size | 0.41 AC |
| Building Class | B | Parking Ratio | 0.01/1,000 SF |
| Floors | 10 | ||
| Zoning | MU2 - Allows for office/retail and medical/dental, or convert back to residential. MAY be opportunity for AirBnB/short term rental. | ||
| Total Building Size | 173,760 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 10 |
| Typical Floor Size | 5,000 SF |
| Year Built | 1964 |
| Lot Size | 0.41 AC |
| Parking Ratio | 0.01/1,000 SF |
| Zoning | MU2 - Allows for office/retail and medical/dental, or convert back to residential. MAY be opportunity for AirBnB/short term rental. |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Concierge
- Laundry Facilities
- Pool
- Property Manager on Site
- Roof Terrace
- Storage Space
- Bicycle Storage
- Conference Rooms
- Elevator
- Public Transportation
1 UNIT AVAILABLE
Unit T-1
| Unit Size | 1,820 SF | Sale Type | Investment |
| Price | $275,000 | No. Parking Spaces | 1 |
| Price Per SF | $151.10 | Sale Conditions | High Vacancy Property |
| Condo Use | Office | APN/Parcel ID | 0212-0000-2006 |
| Unit Size | 1,820 SF |
| Price | $275,000 |
| Price Per SF | $151.10 |
| Condo Use | Office |
| Sale Type | Investment |
| No. Parking Spaces | 1 |
| Sale Conditions | High Vacancy Property |
| APN/Parcel ID | 0212-0000-2006 |
DESCRIPTION
1,820 SF Lower-Level Office Condo
SALE NOTES
Vacant Single-Tenant Lower-Level Condo on the 1400 Block of N Street NW
If purchased, pricing of parking space is an additional $42,000.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 100 | - | - |
| 2+1 | 41 | - | - |
1 1
Walk Score®
Walker's Paradise (98)
Transit Score®
Rider's Paradise (100)
Bike Score®
Biker's Paradise (96)
MAJOR TENANT INFORMATION Click Here to Access
| TENANT | SF OCCUPIED | LEASE END DATE |
|---|---|---|
| F. S. Taylor & Associates, P.C. |
-
|
Jan 0000
|
CONTACTS
-
Ian Weisz -
John Spaller -
Benjamin Wilson -
Burke McLaughlin -
Yassi Ghashghai -
Greysteel Holdings
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1420 N St NW - Towne Terrace East
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