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4600 N Park Ave - Park Avenue Centre

2,997 SF Office/Medical Condo Unit Offered at $1,800,000 in Chevy Chase, MD 20815

Virtual Tour

Investment Highlights

  • Park Avenue Centre, located at 4600 North Park Avenue in Chevy Chase, is an esteemed three-story structure with a striking brick-and-concrete façade.
  • Surrounded by professional offices and residential high rises, it is a premier business hub that fosters collaboration and connectivity.
  • Chevy Chase offers a relaxed suburban vibe 7 miles from Washington, DC, providing a dynamic setting with ample cultural and retail opportunities.
  • Unit GN1 offers luxurious office space, featuring eleven private offices or exam rooms, making it an attractive option for medical professionals.
  • This condominium office building is between River Road and Wisconsin Avenue and offers swift access to Friendship Heights Metro, just a block away.
  • Swift access to Interstate 495 and a quick 30-minute drive to Ronald Reagan Airport (DCA) make Park Avenue Centre an ideal business location.

Executive Summary

Park Avenue Centre at 4600 North Park Avenue in Chevy Chase is a three-story professional property with an outstanding brick and concrete façade, complemented by abundant windows that flood the interior with natural light, creating an inviting atmosphere for tenants. Situated between River Road and Wisconsin Avenue, this condominium office building offers unparalleled access to the Friendship Heights Metro, just a block away, ensuring seamless connectivity for commuting professionals. Surrounded by a blend of professional offices and residential high rises, Park Avenue Centre serves as a premier business hub, fostering collaboration and connectivity among industry leaders. Adjacent to Hubert Humphrey Park, a serene outdoor square that borders The Hills Plaza, South Park Avenue, and Friendship Boulevard, the location provides a tranquil retreat amidst a bustling urban landscape. Chevy Chase exudes charm with its tree-lined streets and early 20th-century architecture, offering a relaxed suburban vibe just seven miles from the renowned neoclassical buildings and historic monuments of Washington, DC. This unincorporated census-designated locale in Montgomery County is a welcoming community and a dynamic setting with a wealth of cultural, shopping, and dining opportunities. The nearby Friendship Heights community showcases a vibrant shopping district boasting malls, boutique stores, and diverse culinary offerings a mere 2.5 miles from Connecticut Avenue. For travelers, swift access to Interstate 495 and a convenient 30-minute drive to Ronald Reagan Washington National Airport (DCA) ensure effortless connectivity to other destinations. Discover the perfect balance of distinction, accessibility, and community at Park Avenue Centre, where businesses are set to thrive.

Property Facts

Price $1,800,000
Unit Size 2,997 SF
No. Units 1
Total Building Size 32,146 SF
Property Type Office (Condo)
Property Subtype Medical
Sale Type Owner User
Building Class B
Floors 3
Typical Floor Size 8,000 SF
Year Built 1991
Lot Size 0.29 AC
Parking Ratio 0.22/1,000 SF

1 Unit Available

Unit GN1

Unit Size 2,997 SF
Price $1,800,000
Price Per SF $600.60
Condo Use Office/Medical
Sale Type Owner User
No. Parking Spaces 3
Description

Step into a luxury workspace in the heart of Chevy Chase with this meticulously renovated Class A boutique condo. No detail has been overlooked in this stunning transformation. From the newly reinforced flooring to the cutting-edge intelligent lighting system, every aspect of this office exudes elegance and sophistication.
  
Enjoy abundant natural light streaming through the newly installed glass doors, creating a seamless connection to the outdoors. Energy-efficient LED lighting illuminates the space while reducing utility costs. The electric and plumbing systems have been expertly redone, ensuring optimal functionality and peace of mind.
  
Indulge in the exquisite interior, adorned with premium finishes and thoughtful design touches curated by an experienced interior designer. Freshly painted walls in a chic two-tone palette provide the perfect backdrop for its style to shine.
  
Stay comfortable year-round by adding a brand-new HVAC unit tailored to comfort. The floor plan has been completely reimagined, optimizing every inch of the expansive 3,000-square-foot layout.
  
Take advantage of this unparalleled opportunity to own this rare offering in Chevy Chase and experience luxury in this exclusive locale.

Sale Notes

Unit GN1 offers approximately 2,997 square feet of space and is in a Commercial Residential (CR) zone. It includes three designated underground garage parking spaces with additional street-side parking available.
  
This modern office/medical condo has been recently updated with brand-new interior finishes. The unit features eleven private offices or exam rooms, a break room, and two restrooms.
  
Its convenient location, within walking distance of various restaurants and retail shops, makes it an attractive option for business or medical professionals seeking a versatile and accessible workspace.

Unit GN1 - Medical Office
Unit GN1 - Private Office
Unit GN1 - Restroom
Unit GN1 - Open Floor Plan Medical/Office
Unit GN1 - Open Floor Plan Medical/Office

+9 More

Unit GN1 - Private Office
View Photo Unit GN1 - Medical Office
View Photo Unit GN1 - Private Office
View Photo Unit GN1 - Restroom
View Photo Unit GN1 - Open Floor Plan Medical/Office
View Photo Unit GN1 - Open Floor Plan Medical/Office
View Photo Unit GN1 - Private Office
View Photo Unit GN1 - Private Office
View Photo Unit GN1 - Kitchen
View Photo Unit GN1 - Private Office
View Photo Unit GN1 - Private Office
View Photo Unit GN1 - Private Office
View Photo Unit GN1 - Private Office
View Photo Unit GN1 - Private Office
View Photo Unit GN1 - Private Office
Walk Score ®
Very Walkable (88)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
2020 Population
26,618
157,875
566,987
2024 Population
26,694
151,821
535,431
Population Growth '20-'24
0.3%
-3.8%
-5.6%
2020 Households
11,982
70,619
254,457
2024 Households
12,336
67,796
238,782
Household Growth '20-'24
3.0%
-4.0%
-6.2%
Average Age
45
43
40
Median Household Income
$150,511
$159,691
$128,467
Daytime Employees
22,303
146,971
451,478
Total Businesses
2,892
14,552
50,860
College Degree + Higher
83%
85%
74%

Amenities

  • 24 Hour Access
  • Kitchen
  • Central Heating
  • Natural Light
  • Air Conditioning
  • Balcony

Nearby Amenities

Hospitals

Sibley Memorial Hospital Acute Care 4 min drive 2.6 mi
Walter Reed National Military Med Cen Acute Care 6 min drive 3 mi
Suburban Hospital Acute Care 8 min drive 3.3 mi
MedStar Georgetown University Hospital Acute Care 9 min drive 4.7 mi
Holy Cross Hospital Acute Care 13 min drive 7.3 mi

Restaurants

Elizabeth Deli & Market Deli $ 1 min walk
Alfio's La Trattoria - - 4 min walk
Lia's American $$$ 5 min walk
Starbucks Cafe $ 7 min walk
Le Pain Quotidien - - 8 min walk
Sushiko Japanese $$$ 9 min walk

Retail

MyEyeDr. Optical 4 min walk
Truist Bank 6 min walk
Whole Foods Market Supermarket 7 min walk
Arthur Murray Dance Centers Dance 6 min walk
Bloomingdale's Dept Store 8 min walk

Hotels

Courtyard
226 rooms
3 min drive
Embassy Suites by Hilton
198 rooms
2 min drive
AC Hotels by Marriott
220 rooms
5 min drive
Residence Inn
188 rooms
5 min drive
Ritz-Carlton
86 rooms
10 min drive
Rosewood
57 rooms
10 min drive

zoning

Zoning Code CR (Commercial or Medical)
CR (Commercial or Medical)

Sale Advisor

Sale Advisor

(301) 821-5588
Contact
Zubin David, Advisory Services
(301) 821-5588
Contact
Prior to joining KLNB, Zubin David was the associate vice president for Cassidy Turley (now Cushman & Wakefield) as a corporate services transaction specialist.  Since 2005, he has negotiated in excess of 400 commercial real estate transactions.  Mr. David specializes in formulating real estate strategy for the leasing and sale of privately-owned real estate and tenant representation in the Baltimore Washington corridor. He is licensed in Maryland, Virginia and the District of Columbia.
  • Listing ID: 28194343

  • Date on Market: 4/10/2023

  • Last Updated:

  • Address: 4600 N Park Ave, Chevy Chase, MD 20815

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