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1717 N St NW 4,666 sq ft 100% Let Office Property Washington, DC 20036 £2,318,893 (£496.98/sq ft)

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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
Property Size
4,666 sq ft
Costar Property Class
C
Year Built/Renovated
1900/1986
Price
£2,318,893
Price per sq ft
£496.98
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
4
Typical Floor Size
1,167 sq ft
Plot ratio
2.68
Total Plot Size
0.04 ac
Use Class
MU-1/DC
Parking
2 Spaces (0.43 Spaces per 1,000 sq ft Leased)

AMENITIES

  • Air Conditioning
Walk Score®
Excellent pedestrian access (99)
Transit Score®
Rider's Paradise (99)
Bike Score®
Ideal For Cyclists (92)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures how walkable a location is.
Transit Score® measures access to public transport.
Bike Score® measures how accessible a location is by bike
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures how walkable
a location is. Transit Score®
measures access to public transport. Bike Score®
measures how accessible a location is by bike®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0158-0801
Land Assessment
£847,731
Improvements Assessment
£497,510
Total Assessment
£1,345,240
  • Listing ID: 31642839

  • Date on Market: 29/04/2024

  • Last Updated:

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

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