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Downtown DC Repositioning | Dupont Circle 1230 17th St NW 5,220 sq ft Vacant Office Property Washington, DC 20036 £1,852,325 (£354.85/sq ft)
INVESTMENT HIGHLIGHTS
- Rare investment opportunity to acquire a prime Queen Anne-style office building with value-add potential in the heart of Downtown Washington, DC.
- 1230 17th St NW is a highly accessible asset less than a mile from five metro stations and 13 parking garages, ideal for commuters.
- Located in an extremely business-friendly area with a strong talent pool that includes over 140,000 daytime employees.
- Situated near the corner of N St NW and 17th St NW, a strong location between Dupont Circle and The White House.
- Demographics within two miles include over 206,319 residents, 72% of which have a college degree and an average HHI above $149,300.
EXECUTIVE SUMMARY
Best suited for Office Space. Renovated in 2014. Rare investment opportunity to acquire a prime Queen Anne-style office building with value-add potential in the heart of Downtown Washington, DC. Situated near the corner of N St NW and 17th St NW, a strong location between Dupont Circle and The White House. 1230 17th St NW is a highly accessible asset less than a mile from five metro stations and 13 parking garages, ideal for commuters. Demographics within two miles include over 206,319 residents, 72% of which have a college degree and an average HHI above $149,300. Located in an extremely business-friendly area with a strong talent pool that includes over 140,000 daytime employees.
DATA ROOM Click Here to Access
- Offering Memorandum
- Operating and Financials
- Purchase Agreement
- Third Party Reports
- Title and Insurance
PROPERTY FACTS
Sale Type
Investment or Owner Occupier
Property Type
Office
Property Subtype
Office / Residential
Property Size
5,220 sq ft
Costar Property Class
B
Year Built/Renovated
1903/2013
Price
£1,852,325
Price per sq ft
£354.85
Occupancy Rate
Vacant
Tenancy
Multiple
Number of Floors
4
Typical Floor Size
1,305 sq ft
Floor To Floor Height
10 ft
Plot ratio
3.99
Total Plot Size
0.03 ac
Use Class
MU-15 - Mixed-Use zoning. Suitable for offices. Can also be converted to multi-family.
AMENITIES
- Central Heating
- Wooden Floors
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Walk Score®
Excellent pedestrian access (99)
Transit Score®
Rider's Paradise (99)
Bike Score®
Ideal For Cyclists (92)
PROPERTY TAXES
| Parcel Number | 0159-0071 | Improvements Assessment | £1,684,560 |
| Land Assessment | £751,967 | Total Assessment | £2,436,527 |
PROPERTY TAXES
Parcel Number
0159-0071
Land Assessment
£751,967
Improvements Assessment
£1,684,560
Total Assessment
£2,436,527
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Downtown DC Repositioning | Dupont Circle | 1230 17th St NW
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