1230 17TH Street NW, Washington, DC 20036
Renovated executive office building with rooftop terrace, each floor featuring a half bath for flexible tenant use.
- Added:
- Sep 19, 2023
- Days on Market:
- 1023
- Last Refresh:
- Jun 21 at 2:02 am
Property Features for 1230 17TH Street NW
General Information
- Standard status
- Active
- Size
- 5,220 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1900
Listing office TTR Sothebys International Realty
Listing date Sep 19, 2023
Source Ournexthouse
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of TTR Sothebys International Realty
HighLights
- Renovated in 2014, 4‑level building currently configured as executive office space
- Approximately 5,220 SF across 4 levels with a half bath on each floor
- Zoned for mixed use and currently set up for office use—suited for owner‑occupant or flexible‑use plans
- Small rooftop terrace
- Two blocks from the Metro
- Year built: 1900
Overview
Set on a peaceful street in the DuPont Circle area, the building is zoned for mixed use. It is approximately two blocks from the Metro, providing nearby transit access, and the surrounding area includes restaurants, retail, and cultural attractions.
For owner-occupants, the current office configuration offers an immediately usable layout for professional teams. For investors or operators, the mixed-use zoning provides flexibility for adapting the space to alternative uses consistent with local zoning requirements, while the multi-level structure and in-unit half baths help support a variety of office-focused occupancy plans.
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 | $263.1k | $50.40 |
| − Vacancy | −$42.1k | −$8.06 |
| EGI | $221.0k | $42.34 |
| − OpEx | −$55.2k | −$10.58 |
| NOI | $165.7k | $31.75 |
Alternative Uses
Current Use by Public Records
Map
- City
- Washington
- County
- District of Columbia
- State
- District of Columbia
- Longitude
- -77.0387775
- Latitude
- 38.9070621
