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Office Condominium with Parking

3232 GEORGIA Avenue NW Washington, DC 20010

3232 GEORGIA Avenue NW, Washington, DC, 20010
$1,200,000
For Sale
Claim this Listing
$1,200,000

Commercial Sale - WASHINGTON, DC

Property Size2,567 SF
Price / SF$467.47
AddedJun 4
Days on Market42
Last RefreshJul 15 at 6:06 pm

Property Features for 3232 GEORGIA Avenue NW

General Information

Property type
Other
Property subtype
Office
Parking
10
Parking features
Garage
Standard status
Active

Taxes and HOA fees

Tax Annual Amount
23185

Utilities

Heating system
Heat Pump (Heating), Forced Air, Electric (Heating)
Cooling system
Central Air

Building Details

Year built
2019
Number of units
1

Listing agent Jesse Elliott

Listing office Samson Properties 4720 Langston Boulevard, Chantilly, DC

Listing date Jun 4, 2026

MLS# DCDC2266612

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

Unit 100 is a professional office condominium offering 2,567 SF of efficiently designed space. The layout includes 7 private offices, 3 conference rooms, a large open-concept workspace, a kitchen/break area, 2 restrooms, and a dedicated office supply or storage room. The unit is currently vacant and available for immediate occupancy, with space that can support a range of professional and administrative operations.

The property is located on the highly visible Georgia Avenue NW corridor in Washington, DC, within a professionally managed building. The listing describes convenient proximity to major transportation routes and public transit, along with nearby restaurants, retail services, and neighborhood amenities, supporting day-to-day client and employee access.

For tenants and owner-users, the combination of multiple enclosed offices, conference rooms, and an open work area supports both focused work and collaborative meetings. For buyers, the offering includes parking convenience with 7 private parking spaces plus 3 guest parking spaces, which can help accommodate employees, clients, and visitors. Monthly condo fee is $1,001.34, with an additional parking fee of $111.44.

Key Highlights

  • Professional office condo (Unit 100) with 2,567 SF of office space
  • Efficient layout includes 7 private offices, 3 conference rooms, open workspace, kitchen/break area, 2 restrooms, and a supply/storage room
  • Parking included: 7 private parking spaces plus 3 guest parking spaces

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $129.4k $50.40
− Vacancy −$20.7k −$8.06
EGI $108.7k $42.34
− OpEx −$27.2k −$10.58
NOI $81.5k $31.75
2,567 SF · lease $50.40/SF/yr · vacancy 16.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.16M
$1.02M – $1.36M (±1% cap)
NOI $81,507 @ 7.0% cap · market cap 6.79%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.32M
$1.16M – $1.54M (±1% cap)
NOI $92,427 @ 7.0% cap · market cap 7.70%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office Units

FAQs

What type of property is this?
Office units - Professional office unit with private parking, multiple offices and conference rooms, and immediate occupancy in DC.
Where is this office units located?
The property is located at 3232 GEORGIA Avenue NW Washington, DC.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Professional office condo (Unit 100) with 2,567 SF of office space; Efficient layout includes 7 private offices, 3 conference rooms, open workspace, kitchen/break area, 2 restrooms, and a supply/storage room; Parking included: 7 private parking spaces plus 3 guest parking spaces
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