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Penn Quarter Place 600 E St NW 327 663 pi² Vacant Bureau Immeuble Washington, DC 20004 À vendre
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Faits saillants de l'investissement
- Quick access to Metrorail Yellow, Green and Red Lines via short two block walk
- Quick Access to major routes including Massachusetts Ave, Constitution Ave, and K Street.
- Surrounded by $2B in public-private investment
- Quick Access to Interstate 395, which provides an immediate route out of the City
- Fully vacant with 327,663 RSF and potential for 380K SF
Résumé de l'annonce
600 E Street NW presents a rare repositioning opportunity in the heart of Washington, D.C.’s Penn Quarter, one block from Capital One Arena and surrounded by premier cultural, governmental, and transit assets. This 327,663 RSF office building is fully vacant, offering developers a blank canvas to execute a transformative vision. With zoning that supports multifamily, mixed-use, hospitality, and Class A office redevelopment, the site is primed for conversion.
The property benefits from dual frontage on E Street and 6th Street, two levels of underground parking, and proximity to three Metro stations—Gallery Place, Judiciary Square, and Archives—within a two-block radius. The building’s D-6-R zoning allows for up to 9.06 FAR and 120-foot height, with additional density credits available. Concept plans by DEP Architecture outline a multifamily conversion yielding 300–425 units, with layouts ranging from studios to two-bedroom units. Ground-floor retail is strongly encouraged, with interest from grocery and restaurant anchors already emerging.
The surrounding area is undergoing a $2 billion revitalization led by Monumental Sports and the District, including a $515 million investment into Capital One Arena and adjacent developments. The property also qualifies for the Housing in Downtown (HID) program, offering a 20-year tax abatement for residential conversions, and is located within a Qualified Census Tract, enabling access to Low Income Housing Tax Credits.
This is a generational opportunity to acquire a flagship building in one of D.C.’s most dynamic submarkets, with flexible redevelopment paths and robust public-private incentives.
The property benefits from dual frontage on E Street and 6th Street, two levels of underground parking, and proximity to three Metro stations—Gallery Place, Judiciary Square, and Archives—within a two-block radius. The building’s D-6-R zoning allows for up to 9.06 FAR and 120-foot height, with additional density credits available. Concept plans by DEP Architecture outline a multifamily conversion yielding 300–425 units, with layouts ranging from studios to two-bedroom units. Ground-floor retail is strongly encouraged, with interest from grocery and restaurant anchors already emerging.
The surrounding area is undergoing a $2 billion revitalization led by Monumental Sports and the District, including a $515 million investment into Capital One Arena and adjacent developments. The property also qualifies for the Housing in Downtown (HID) program, offering a 20-year tax abatement for residential conversions, and is located within a Qualified Census Tract, enabling access to Low Income Housing Tax Credits.
This is a generational opportunity to acquire a flagship building in one of D.C.’s most dynamic submarkets, with flexible redevelopment paths and robust public-private incentives.
Faits sur la propriété
Type de vente
Investissement ou propriétaire utilisateur
Condition de vente
Projet de redéveloppement
Type de propriété
Bureau
Taille du bâtiment
327 663 pi²
Classe d’immeuble
B
Année de construction
1975
Pourcentage loué
Vacant
Location
Multiples
Hauteur du bâtiment
10 étages
Superficie de plancher typique
32 766 pi²
Dalle à dalle
10’
Coefficient d’occupation des sols de l’immeuble
9,06
Taille du lot
0,83 AC
Zonage
D-6-R - Développement commercial à haute densité
Stationnement
300 places (1 places par 1 000 pi² loué)
Commodités
- Accès 24 heures
- Accès contrôlé
- Installations de conférences
- Centre de conditionnement physique
- Gestionnaire d'immeuble sur place
- Système de sécurité
1 1
Exceptionnellement praticable à pied
100/100
Moyennement facile d’accès en voiture
60/100
Transports en commun exceptionnels
100/100
Très praticable en vélo
80/100
Impôts fonciers
| Numéro de lot | 0457-0039 | Évaluation des bâtiments | 33 816 149 $ CAD |
| Évaluation du terrain | 72 802 348 $ CAD | Évaluation totale | 106 618 497 $ CAD |
Impôts fonciers
Numéro de lot
0457-0039
Évaluation du terrain
72 802 348 $ CAD
Évaluation des bâtiments
33 816 149 $ CAD
Évaluation totale
106 618 497 $ CAD
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Penn Quarter Place | 600 E St NW
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