Downtown DC Repositioning | Dupont Circle | 1230 17th St NW
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Downtown DC Repositioning | Dupont Circle 1230 17th St NW
5,220 SF Vacant Office Building Washington, DC 20036 $2,700,000 ($517/SF)
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.
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 User
Property Type
Office
Property Subtype
Office/Residential
Building Size
5,220 SF
Building Class
B
Year Built/Renovated
1903/2013
Price
$2,700,000
Price Per SF
$517
Percent Leased
Vacant
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
1,305 SF
Slab To Slab
10’
Building FAR
3.99
Lot Size
0.03 AC
Zoning
MU-15 - Mixed-Use zoning. Suitable for offices. Can also be converted to multi-family.
Amenities
- Central Heating
- Hardwood Floors
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Walk Score ®
Walker's Paradise (99)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Biker's Paradise (92)
PROPERTY TAXES
Parcel Number | 0159-0071 | Improvements Assessment | $2,002,270 |
Land Assessment | $1,005,760 | Total Assessment | $3,008,030 |
PROPERTY TAXES
Parcel Number
0159-0071
Land Assessment
$1,005,760
Improvements Assessment
$2,002,270
Total Assessment
$3,008,030
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Downtown DC Repositioning | Dupont Circle | 1230 17th St NW
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