1501 M St NW | Washington, DC 20005
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- LoopNet Team
1501 M St NW
Washington, DC 20005
1501 M St · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Nearly $13 million invested into building since 2017. Updated Lobby, Common Areas, Restrooms, Mechanicals, and Creation of Town Hall
- Boutique Building: Designed by Hartman Cox
- Corner Building: Provides window line on over 90% of the building
- 3-Story Town Hall is the best in the city; opportunity to expand it by two floors
- Class A Building: Well positioned to capitalize on the market's flight-to-quality
- Immediate In-Place Income: 63% leased with WALT of 4.4 years
PROPERTY FACTS
Property Type
Office
Building Size
178,233 SF
Building Class
A
LoopNet Rating
4 Star
Year Built/Renovated
1991/2020
Percent Leased
71%
Tenancy
Multiple
Building Height
11 Stories
Typical Floor Size
16,235 SF
Slab To Slab
11’
Building FAR
10.49
Lot Size
0.39 AC
Zoning
MU-2/DC - Mixed-Use
Parking
170 Spaces (0.82 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $35,874,810 | |
| Land Assessment | $31,894,270 | Total Assessment | $67,769,080 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$31,894,270
Improvements Assessment
$35,874,810
Total Assessment
$67,769,080
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