Office Unit Near Senate
For Sale
Contact for pricing
201 MASSACHUSETTS AVENUE NE #C-7, Washington, DC 20002
Office space near restaurants, Union Station, and regional rail and Metro connections.
Property Size1,080 SF
Price / SF$3.24
Days on Market74
Property Features for 201 MASSACHUSETTS AVENUE NE #C-7
General Information
Standard status
Active
Size
1,080 SF
Property subtype
Commercial
Site & Location
Neighborhood
Ft. Washington
Public Transit
Yes
Building Details
Year Built
1986
Listing Agency:
Coldwell Banker Realty - Washington
(202) 547-3525
Listed By:
Christopher T Cushman · License #AB98370811
(202) 327-4682
Source:
Cummingsrealtors
Added: Aug 14
Changed: Oct 26
Last Checked: Oct 24 at 5:25PM
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 Coldwell Banker Realty - Washington
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office unit is located at 201 Massachusetts Avenue NE, Suite C-7, in Washington, DC. The property was built in 1986 and is positioned near the US Senate office buildings and Congress.
Restaurants and lunch options are located within a couple of blocks. Union Station provides access to its food court and multiple transportation services, including Metro’s Red Line, MARC, VRE, and Amtrak.
Restaurants and lunch options are located within a couple of blocks. Union Station provides access to its food court and multiple transportation services, including Metro’s Red Line, MARC, VRE, and Amtrak.
Key Highlights
- Near the US Senate office buildings and Congress
- Restaurants and lunch options within a couple of blocks
- Access to Union Station, its food court, and rail services
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,028
Suggested Prices Based on Cap Rates
Cap Rate 5%
$720,560
$720.6K
Cap Rate 7%
$514,686
$514.7K
Cap Rate 9%
$400,311
$400.3K
Market Conditions
NOI Build-Up for 1,080 SF
Gross rent
$60.7K $56.16/SF
− Vacancy
−$12.6K −$11.68/SF
EGI
$48.0K $44.48/SF
− OpEx
−$12.0K −$11.12/SF
NOI
$36.0K $33.36/SF
Area
ZIP 20002
Vacancy
20.80%
Lease Rate
$56.16 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$720,560
Cap Rate 7%
$514,686
Cap Rate 9%
$400,311
Alternative Uses
Best Use
Office B
$514.7K
$450.4K – $600.5K
NOI $36,028 @ 7.0% cap · market cap 1,029.37%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$557.6K
$487.9K – $650.5K
NOI $39,032 @ 7.0% cap · market cap 1,115.20%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
6,052
Businesses Nearby
Explore this area
Business Placement
Demographics for 20002, DC
69,422
Population
38,459
Households
1.8
Avg Household Size
33
Median Age
70%
College-Educated
95%
High-School Grad
5.1 sq mi
ZIP Area
13,612
Density / Sq Mi
$114,482
Median Household Income
$82,909
Median Earnings
$2,140
Median Rent
$813,700
Median Home Value
Market
Vacancy Rate% for Office in Washington, DC
Frequently Asked Questions
What type of property is this?
Office unit - Office space near restaurants, Union Station, and regional rail and Metro connections.
Where is this office unit located?
The property is located at 201 MASSACHUSETTS AVENUE NE #C-7 Washington, DC.
What are key features of this property?
This property features: Near the US Senate office buildings and Congress; Restaurants and lunch options within a couple of blocks; Access to Union Station, its food court, and rail services
