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1717 N St NW

4,666 SF 100% Leased Office Building Washington, DC 20036 £2,433,472 (£522/SF)

Investment Highlights

  • • Flexible Occupancy | 1 Month-To-Month Tenant
  • • Unutilized GLA | Space on First Level can be Converted to Another Suite
  • • Located Outside of DuPont Circle Business Improvement District
  • • Sale-Leaseback Opportunity | Maximum 6-to-12 Month Term
  • • Recent Building Upgrades Include New HVAC, Fire Alarm, Intercom, Carpet, & Ceramic Façade
  • • Average Household Income of $151,862 within a 1-Mile Radius

Executive Summary

Feldman Ruel is pleased to present 1717 N Street NW, a fully-occupied, four-level, boutique office property totaling approximately 4,666 square feet. The subject property’s MU-1/DC zoning classification permits a wide-range of uses including retail, office, and residential. 1717 N Street NW will be delivered fully occupied upon sale. One of the three office suites is occupied by the owner, who is prepared to sign a six-to-12-month lease upon sale. Additionally, the shared conference room on the first level could be converted to another office space for an owner-occupant or tenant for additional revenue. Located only a few blocks from the Dupont Circle, Farragut North, and Farragut West Metro stations and surrounded by a bevy of retailers, restaurants, hotels, and other neighborhood amenities, 1717 N Street NW provides an excellent opportunity to acquire a stabilized office property in one of Washington, D.C.’s most dynamic neighborhoods.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
4,666 SF
Building Class
C
Year Built/Renovated
1900/1986
Price
£2,433,472
Price Per SF
£522
Percent Leased
100%
Tenancy
Multiple
Number of Floors
4
Typical Floor Size
1,167 SF
Building FAR
2.68
Land Acres
0.04 AC
Zoning
MU-1/DC
Parking
2 Spaces (0.43 Spaces per 1,000 SF Leased)

Amenities

  • Air Conditioning
Walk Score ®
Walker's Paradise (99)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Biker's Paradise (92)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0158-0801
Land Assessment
£872,470
Improvements Assessment
£721,744
Total Assessment
£1,594,215
  • Listing ID: 31642839

  • Date on Market: 29/04/2024

  • Last Updated:

  • Address: 1717 N St NW, Washington, DC 20036

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