1601 18th St NW - Imperial House
1,600 SF Office/Retail Condo Unit Offered at $375,000 in Washington, DC 20009
INVESTMENT HIGHLIGHTS
- Delivered 100% Vacant at Closing | Ideal Owner/User Opportunity
- Flexible MU-15 Zoning Permits a Number of Uses Including Non-Profit Organizations, Accounting Practice, Governmental Office, Medical, and Other Uses
- Strong Neighborhood Demographics | $191,941 Average Household Income within 15-Minute Walk
- Located 2 Blocks from the Dupont Circle Metro Station
- Former Dentist Office with Seven Operatories, Dedication Lobby/Reception Area, Two Restrooms, and Two Points of Egress
PROPERTY FACTS
| Price | $375,000 |
| Unit Size | 1,600 SF |
| No. Units | 1 |
| Total Building Size | 93,000 SF |
| Property Type | Office (Condo) |
| Property Subtype | Office/Residential |
| Sale Type | Investment or Owner User |
| Building Class | B |
| Floors | 10 |
| Typical Floor Size | 9,300 SF |
| Year Built | 1962 |
| Lot Size | 0.23 AC |
| Parking Ratio | 0.02/1,000 SF |
1 UNIT AVAILABLE
Unit 3
| Unit Size | 1,600 SF |
| Price | $375,000 |
| Price Per SF | $234.38 |
| Condo Use | Office/Retail |
| Sale Type | Investment or Owner User |
| APN/Parcel ID | 0155-0000-0054 |
DESCRIPTION
Building Amenities: 24hr Concierge, Rooftop Lounge, Fitness Center
Condo Fee Inclusions: Insurance, Utilities, CAM, Capital Contributions, Contract Services
Condo Location: Raised Sublevel
Points of Egress: 2
Restrooms: 2
SALE NOTES
Feldman Ruel Urban Property Advisors is pleased to present 1601 18th Street NW #3, an approximately 1,600-square foot commercial condominium located in the Imperial House, a property consisting of a mix of residential and commercial condominiums. The subject property is located just one block from Dupont Circle itself, making it an excellent opportunity for an office user, specifically in the medical/dental field, to establish themselves in one of Washington D.C.’s premier neighborhoods. Unit 3 at 1601 18th Street NW will be delivered 100% vacant at closing, allowing an owner-user to occupy the unit immediately or an investor to quickly begin lease-up efforts. The unit lends itself well to a myriad of potential uses, including traditional office as well as medical/dental use and even residential conversion. The unit is currently built-out for medical/dental use with seven operatories and plumbing for dental chairs. There is a designated reception area with two restrooms at the main entrance of the unit as well as the building lobby, which features a 24-hour concierge to receive visitors. The subject property is zoned MU-15 meaning there are several permissible uses. Among them are medical care, office use, governmental use, art gallery and design, college or university use, accounting practice, nonprofit organization, and many other uses. The unit can also be converted into a residential condominium.
Interior Photo
Interior Photo
Interior Photo
Interior Photo
Floor Plan
AMENITIES
- Natural Light
ZONING
| Zoning Code | MU-15 |
