Medical Office
New
For Sale
Contact for pricing
2604 CONNECTICUT AVENUE NW #202, Washington, DC 20008
The suite includes access to shared waiting areas and bathrooms, plus a dedicated mini-split heating and cooling system.
Property Size200 SF
Price / SF$7
Days on Market5
Property Features for 2604 CONNECTICUT AVENUE NW #202
General Information
Standard status
Active
Size
200 SF
Property subtype
Commercial
Additional Details
Public Transit
Yes
Amenities
Fireplace
Coded Security Entrance
Building Details
Year Built
1900
Tenancy
Multi
Listing Agency:
Thos D. Walsh, Inc.
(202) 237-8488
Listed By:
Cameron Goodman · License #SP98377231
(202) 413-9030
Source:
Cummingsrealtors
Added: Oct 14
Changed: Oct 16
Last Checked: Oct 16 at 1:58PM
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 Thos D. Walsh, Inc.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
A medical office suite in a building constructed in 1900, with a private mini-split system controlled by remote. Tenants share waiting areas, a lobby, bathrooms and some storage; the office also has closet space and three street-facing windows. Building entry is secured with a coded door, and the property is a one-floor walk-up.
The Connecticut Avenue address is within one block of the Woodley Park Metro station. Open City Diner, Chipotle, CVS, Nando’s Peri-Peri and District Kitchen are also identified nearby. The owner is seeking occupants in therapy or counseling practices.
The Connecticut Avenue address is within one block of the Woodley Park Metro station. Open City Diner, Chipotle, CVS, Nando’s Peri-Peri and District Kitchen are also identified nearby. The owner is seeking occupants in therapy or counseling practices.
Key Highlights
- Medical office suite in a building built in 1900
- Three windows facing the street
- Private mini‑split heating and cooling with remote
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$3,709
Suggested Prices Based on Cap Rates
Cap Rate 5%
$74,180
$74.2K
Cap Rate 7%
$52,986
$53.0K
Cap Rate 9%
$41,211
$41.2K
Market Conditions
NOI Build-Up for 200 SF
Gross rent
$6.7K $33.60/SF
− Vacancy
−$538 −$2.69/SF
EGI
$6.2K $30.91/SF
− OpEx
−$2.5K −$12.36/SF
NOI
$3.7K $18.55/SF
Area
Washington, DC
Vacancy
8.00%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$74,180
Cap Rate 7%
$52,986
Cap Rate 9%
$41,211
Alternative Uses
Best Use
Office B
$90.7K
$79.4K – $105.8K
NOI $6,350 @ 7.0% cap · market cap 453.57%
Second Best
Healthcare Medical
$53.0K
$46.4K – $61.8K
NOI $3,709 @ 7.0% cap · market cap 264.93%
Theoretical Best
Office A
$102.9K
$90.0K – $120.0K
NOI $7,201 @ 7.0% cap · market cap 514.36%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,569
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 20008, DC
30,143
Population
18,083
Households
1.7
Avg Household Size
38
Median Age
89%
College-Educated
98%
High-School Grad
3.1 sq mi
ZIP Area
9,724
Density / Sq Mi
$123,653
Median Household Income
$87,607
Median Earnings
$2,202
Median Rent
$894,100
Median Home Value
Market
Vacancy Rate% for Office in Washington, DC
Similar Off Market Nearby
- Black Dog Treatment Center — Connecticut Ave NW, Washington, DC 20009, United States
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- Boone Jerrold B DVM — 2112 18th St NW #1, Washington, DC 20009
- Banfield Pet Hospital — 1700 Columbia Rd NW, Washington, DC 20009
Frequently Asked Questions
What type of property is this?
Medical Office Space - The suite includes access to shared waiting areas and bathrooms, plus a dedicated mini-split heating and cooling system.
Where is this medical office space located?
The property is located at 2604 CONNECTICUT AVENUE NW #202 Washington, DC.
What are key features of this property?
This property features: Medical office suite in a building built in 1900; Three windows facing the street; Private mini‑split heating and cooling with remote
