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4600 N Park Ave - Park Avenue Centre

1,465 SF Office/Medical Condo Unit Offered at $650,000 in Chevy Chase, MD 20815

Investment Highlights

  • Downtown Urban Area minutes to shops
  • Surrounded by windows and balcony, well lit with outdoor space to relax
  • High Traffic and High Income Area
  • Within walking distance to Friendship Heights metro station.

Executive Summary

Approximately 1500 sqft Office in the heart of Chevy Chase. Within walking distance to restaurants, shops, and Friendship Heights metro station. Design of this office allows for a wide range of uses with a large open space as you enter and 3 private offices to the left and right. Open space can be used for cubicles, multi purpose space, presentation area, etc. Large bathroom within the unit and kitchenette. This is not your average condo, its filled with sunlight with windows on all sides and has a perfect balcony to enjoy the outdoors and get a fresh breath of air. Property is in Class B garden style building with an open courtyard and sitting area. Building is fully ADA compliant with two new elevators installed. Neighbors include medical offices, real estate, lawyer, title company, engineering and consulting firms. 3 dedicated parking spots deeded with the condo. Alarm system, internet and phone are all ready to go. Strong Demographics with average household income of $146,000 and 26,000 people within 1 mile. Daytime employee population of 21,000 people. Highly trafficked high income area.

Property Facts

Price $650,000
Unit Size 1,465 SF
No. Units 1
Total Building Size 32,146 SF
Property Type Office (Condo)
Property Subtype Medical
Sale Type Investment or 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 1S

Unit Size 1,465 SF
Price $650,000
Price Per SF $443.69
Condo Use Office/Medical
Sale Type Investment or Owner User
No. Parking Spaces 3
Description

Approximately 1500 sqft Office in the heart of Chevy Chase. Within walking distance to restaurants, shops, and Friendship Heights metro station. Design of this office allows for a wide range of uses with a large open space as you enter and 3 private offices to the left and right. Open space can be used for cubicles, multi purpose space, presentation area, etc. Large bathroom within the unit and kitchenette. This is not your average condo, its filled with sunlight with windows on all sides and has a perfect balcony to enjoy the outdoors and get a fresh breath of air.
Property is in Class B garden style building with an open courtyard and sitting area. Building is fully ADA compliant with two new elevators installed. Neighbors include medical offices, real estate, lawyer, title company, engineering and consulting firms.
3 dedicated parking spots deeded with the condo. Alarm system, internet and phone are all ready to go.

Strong Demographics with average household income of $146,000 and 26,000 people within 1 mile. Daytime employee population of 21,000 people. Highly trafficked high income area.
Condo fee is very low for the area at $715 monthly

Sale Notes

Currently 3 parking spots are rented out for $300 total. Individual office with private entrance is rented out for $1500 on a month to month lease. Buyer's choice to continue leasing or can be conveyed at settlement vacant

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.®

Amenities

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

zoning

Zoning Code CR (Commercial or Medical)
CR (Commercial or Medical)
  • Listing ID: 29393144

  • Date on Market: 8/29/2023

  • Last Updated:

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

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