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Downtown DC Repositioning | Dupont Circle 1230 17th St NW 5,220 SF 100% Leased Office Building Washington, DC 20036 $3,372,325 CAD ($646.04 CAD/SF)
Investment Highlights
- Rare investment opportunity to acquire a prime Queen Anne-style office building with value-add potential in the heart of Downtown Washington, DC.
- 1230 17th St NW is a highly accessible asset less than a mile from five metro stations and 13 parking garages, ideal for commuters.
- Located in an extremely business-friendly area with a strong talent pool that includes over 140,000 daytime employees.
- Situated near the corner of N St NW and 17th St NW, a strong location between Dupont Circle and The White House.
- Demographics within two miles include over 206,319 residents, 72% of which have a college degree and an average HHI above $149,300.
Executive Summary
Best suited for Office Space. Renovated in 2014. Rare investment opportunity to acquire a prime Queen Anne-style office building with value-add potential in the heart of Downtown Washington, DC. Situated near the corner of N St NW and 17th St NW, a strong location between Dupont Circle and The White House. 1230 17th St NW is a highly accessible asset less than a mile from five metro stations and 13 parking garages, ideal for commuters. Demographics within two miles include over 206,319 residents, 72% of which have a college degree and an average HHI above $149,300. Located in an extremely business-friendly area with a strong talent pool that includes over 140,000 daytime employees.
Data Room Click Here to Access
- Offering Memorandum
- Operating and Financials
- Purchase Agreement
- Third Party Reports
- Title and Insurance
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
5,220 SF
Building Class
B
Year Built/Renovated
1903/2013
Price
$3,372,325 CAD
Price Per SF
$646.04 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
1,305 SF
Slab To Slab
10’
Building FAR
3.99
Lot Size
0.03 AC
Zoning
MU-15 - Mixed-Use zoning. Suitable for offices. Can also be converted to multi-family.
Amenities
- Central Heating
- Hardwood Floors
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Walk Score®
Walker's Paradise (99)
Transit Score®
Rider's Paradise (99)
Bike Score®
Biker's Paradise (92)
Property Taxes
| Parcel Number | 0159-0071 | Improvements Assessment | $3,087,166 CAD |
| Land Assessment | $1,378,072 CAD | Total Assessment | $4,465,239 CAD |
Property Taxes
Parcel Number
0159-0071
Land Assessment
$1,378,072 CAD
Improvements Assessment
$3,087,166 CAD
Total Assessment
$4,465,239 CAD
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Downtown DC Repositioning | Dupont Circle | 1230 17th St NW
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