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4400 MacArthur Blvd NW
3,030 SF Office Condo Unit Offered at $1,400,000 in Washington, DC 20007
Property Facts
Price | $1,400,000 | Building Class | B |
Unit Size | 3,030 SF | Floors | 3 |
No. Units | 1 | Typical Floor Size | 10,000 SF |
Total Building Size | 30,000 SF | Year Built | 1981 |
Property Type | Office (Condo) | Lot Size | 0.31 AC |
Property Subtype | Medical | Parking Ratio | 2/1,000 SF |
Sale Type | Owner User |
Price | $1,400,000 |
Unit Size | 3,030 SF |
No. Units | 1 |
Total Building Size | 30,000 SF |
Property Type | Office (Condo) |
Property Subtype | Medical |
Sale Type | Owner User |
Building Class | B |
Floors | 3 |
Typical Floor Size | 10,000 SF |
Year Built | 1981 |
Lot Size | 0.31 AC |
Parking Ratio | 2/1,000 SF |
1 Unit Available
Unit 100
Unit Size | 3,030 SF | Condo Use | Office |
Price | $1,400,000 | Sale Type | Owner User |
Price Per SF | $462.05 |
Unit Size | 3,030 SF |
Price | $1,400,000 |
Price Per SF | $462.05 |
Condo Use | Office |
Sale Type | Owner User |
Description
-Opportunity to occupy as owner or lease as investor
-Solid investment income with local, historically stable tenancy and low vacancy, and strong historical rent growth
-The property is vacant and can be immediately occupied or leased upon sale
-The property is located within the Palisades, one of Washington, DC's most desirable neighborhoods with rich history and attractive architecture, and close to Georgetown and Reagan Airport
-The property’s proximity to Washington, DC, Northern VA and Bethesda, MD as well as the vehicular corridors of I-495, I-270, and Canal Road
-Property has excellent visibility and exposure along the MacArthur Blvd corridor
-The property’s proximity to retail, food, restaurants, and other amenities for employees
-The property has MU-3A Zoning, therefore it enjoys great flexibility and can be permitted by mater of right many uses, including office, medical, daytime care, schools and other uses
-The property has seven (7) separately deeded, garage parking spaces on site that convey and additional free parking behind the bldg. and on the street
-The property can be easily self-managed and has low operating expenses
-The property is set in a tranquil and quiet environment and backs up to the Old Trolley Line Hiking Trail. The C&O Canal and Potomac River are steps away
-The unit has separate restrooms and HVAC for heating and AC
-Current private office setup with flexible floor plan attractive to both owner occupants and investors
-The property’s garage has easy ingress and egress for vehicles
-The garage is sprinklered for fire suppression
-The supply for this type of property, and the availability to purchase them, is very limited
-High barrier to entry in this neighborhood for any commercial properties
-Solar panels on roof as common element for cost reduction of electricity costs
Amenities
- 24 Hour Access
- Courtyard
- Wi-Fi
- Outdoor Seating
- Balcony
zoning
Zoning Code | MU-3A (Commercial, Medical and some Retail Uses) |
MU-3A (Commercial, Medical and some Retail Uses) |
Learn More About Investing in Office Space
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4400 MacArthur Blvd NW
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