1011 New Hampshire Ave NW - Office FOR SALE


Washington, DC 20037- National Mall
$4,100,000 USD
202-728-3503
1011 New Hampshire Ave NW, Washington, DC for Sale
$4,100,000 USD
Office - FOR SALE
1/45
null | Request Cap Rate

1011 New Hampshire Ave NW
Washington, DC 20037
National Mall


HIGHLIGHTS

  • The building is used today as medical office but could be converted back to residential.

OVERVIEW

The Property’s corner location on New Hampshire Avenue NW between 22nd and L Streets NW is ideally located in the heart of Washington, DC’s Dupont Circle neighborhood and benefits from its access to transit and retail. With 300+ restaurants, 18 hotels, and 4,600+ multifamily units, Dupont Circle is one of Washington, DC’s most sought-after neighborhoods. Furthermore, the Property is situated in the heart of Washington Circle’s New Hampshire Avenue corridor. This corridor is also popular among associations, non profits, social organizations, universities, and other institutions that prioritize ownership in their real estate strategy. Despite this location’s plethora of assets, it has relatively low automobile traffic, which makes it ideal for commuters coming from all areas of the city and its suburbs. 1011 New Hampshire is a once-in-a-generation investment opportunity for value focused occupiers looking to make a mark in one of DC’s hottest neighborhoods. Investors will benefit from a long-term appreciation of this boutique asset and close proximity and access to DC’s best restaurants, nightlife, and the Central Business District, all while being a short ride away from the seats of power in the United States government.

FOR SALE DETAILS

PRICE

$4,100,000 USD

PRICE/SF

$732 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

5

BUILDING CLASS

B

YEAR BUILT

1895

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,307 SF

ZONING

RA-5

APN/PARCEL ID

0053-0014

ASK ABOUT THIS PROPERTY

Jarrett MorrellColliersMore Info
202-728-3503

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Jarrett MorrellColliersMore Info
202-728-3503

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.