3224 16th St NW - The Henderson Buildings
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3224 16th St NW - The Henderson Buildings
40,402 SF Specialty Building Offered For Sale in Washington, DC 20010
INVESTMENT HIGHLIGHTS
- Three floors of instruction space, administrative space, and basement
- RA-4 Zoned - Permit flexibility of design by permitting all types of urban residential development
- 40,402 SF on 0.54 Acres
- Dedicated Surface Parking Spaces
- Maximum Floor Area is 3.5, which allows 81,683 SF of development on the site
EXECUTIVE SUMMARY
CBRE is pleased to present The Henderson Buildings, located at 3220 16th St NW, 3224 16th Street NW, and 1604 Park Road NW. The site is located in the heart of the nation’s capital, flanked by five major hospitals, multiple universities, dense residential, and exciting new developments. Additionally, it benefits from its close proximity to major access roads to include I-395, I-495, New Hampshire Ave, as well as nearby metro lines, bus lines, and international airports. Furthermore, the campus is the benefactor of a robust market which has the highest percentage of “recession-resistant” jobs in the country, as 41% are in Education, Government, and Health Services, making it the 6th largest economy in the United States.
The opportunity sets itself apart by its incredible visibility on major commuter roadway, 16th Street and its well-maintained historic grandeur. Built in 1920 by Mary Foote Henderson, known for her social activism and much of the existing historic development in Mount Pleasant and Meridian Hill, this 40,402 SF site is now the home of three schools.
The opportunity sets itself apart by its incredible visibility on major commuter roadway, 16th Street and its well-maintained historic grandeur. Built in 1920 by Mary Foote Henderson, known for her social activism and much of the existing historic development in Mount Pleasant and Meridian Hill, this 40,402 SF site is now the home of three schools.
PROPERTY FACTS
| Sale Type | Investment or Owner User | Lot Size | 0.55 AC |
| Property Type | Specialty | Building Size | 40,402 SF |
| Property Subtype | School | No. Stories | 3 |
| Building Class | C | Year Built | 1920 |
| Sale Type | Investment or Owner User |
| Property Type | Specialty |
| Property Subtype | School |
| Building Class | C |
| Lot Size | 0.55 AC |
| Building Size | 40,402 SF |
| No. Stories | 3 |
| Year Built | 1920 |
AMENITIES
- Property Manager on Site
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Walk Score®
Walker's Paradise (98)
Transit Score®
Excellent Transit (79)
Bike Score®
Biker's Paradise (95)
PROPERTY TAXES
| Parcel Number | 2608-1041 | Improvements Assessment | $9,277,940 |
| Land Assessment | $4,709,610 | Total Assessment | $13,987,550 |
PROPERTY TAXES
Parcel Number
2608-1041
Land Assessment
$4,709,610
Improvements Assessment
$9,277,940
Total Assessment
$13,987,550
ZONING
| Zoning Code | R5B, Washington |
| R5B, Washington |
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3224 16th St NW - The Henderson Buildings
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