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    3 Washington Cir Washington, DC 20037

    For Sale
    $740,000

    Prime DC location, medical office, 3 parking spaces.

    Property size:
    85,240 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional medical office condo, located in the highly desirable Foggy Bottom neighborhood of Washington, D.C., presents a unique investment opportunity. Situated at 3 Washington Circle NW, Unit 403, this fee-simple property boasts 85,240 square feet and offers a total of three parking spaces. The building itself is a stunning high-rise condominium complex, featuring a mix of residential units and office condos, reflecting the vibrant and diverse nature of the area. Its location within walking distance of the Foggy Bottom/GWU Metro station (Orange and Blue lines) provides unparalleled accessibility. The surrounding area is known for its proximity to numerous restaurants and upscale shopping destinations, catering to both residents and professionals. This specific unit is ideal for medical practices, benefiting from its location in a neighborhood that attracts healthcare industry professionals, lobbyists, financial services companies, and affluent residents. The monthly condo fee is $791.66, with additional space fees of $61.25 per month for each of the three assigned parking spaces (P19, P34, and P56). The asking price for this exceptional property is $740,000. This represents a rare opportunity to acquire a well-located, established medical office condo in one of Washington, D.C.'s most sought-after neighborhoods.

    Property Features for 3 Washington Cir

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    85,240 SF

    Building Details

    Year Built
    1981
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Map

    City
    Washington
    County
    District Of Columbia
    State
    District of Columbia
    Longitude
    -77.05057
    Latitude
    38.90337

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    FAQs

    What type of property is this?
    Office Property / Space - Prime DC location, medical office, 3 parking spaces.
    Where is this office property / space located?
    The property is located at 3 Washington Cir Washington, DC.
    What is the asking price?
    The asking price for this property is $740,000.
    (202) 361-3050
    Request Owner's contact information
    3 Washington Cir Washington, DC 20037
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3 Washington Cir Washington, DC 20037
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