2501 Pennsylvania Ave NW - Apartments FOR SALE


Washington, DC 20037- West End
$3,000,000 USD
202-536-3783
2501 Pennsylvania Ave NW, Washington, DC for Sale
$3,000,000 USD
Apartments - FOR SALE
1/3
null | Request Cap Rate

2501 Pennsylvania Ave NW
Washington, DC 20037
West End


HIGHLIGHTS

  • 3,972 SF Tenant Space on the Ground Floor
  • Perfect for Retail, Medical Office, and Office Uses
  • Affluent West End Location Between Georgetown and the White House
  • Faces Pennsylvania Avenue

OVERVIEW

The commercial condominium faces Pennsylvania Avenue with its main entrance. There are additional side entrances along Pennsylvania Avenue and 25th Street. The building was remodeled from office to residential condominiums in 2008 with two ground floor commercial condo units. The property is located in the affluent and busy West End neighborhood. It neighbors Georgetown to the west, Foggy Bottom to the south, the White House to the east and Dupont Circle to the north. A busy Trader Joe’s is immediately across the street. Within the surrounding couple of blocks are The Ritz Carlton hotel, George Washington University Hospital and notable restaurants Ris, Nobu and Blue Duck Tavern. The condominium is in the District of Columbia’s real property tax parcel database as Square 0014, Lot 2250. It has a zoning use code 048- Commercial-Retail.

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$312 USD /SF

# OF UNITS

1

PRICE/UNIT

$3,000,000

CAP RATE

Request Cap Rate

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1926

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,147 SF

ZONING

C2A

APN/PARCEL ID

0014-2232,0014-2234,0014-2236

ASK ABOUT THIS PROPERTY

David CrottsInstitutional Property AdvisorsMore Info
202-536-3783

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David CrottsInstitutional Property AdvisorsMore Info
202-536-3783

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