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Medical Office Condo with Parking
For Sale
$640,000

3 WASHINGTON CIRCLE NW Unit 403, Washington, DC 20037

Medical office unit offered with fee simple ownership and three parking spaces as part of the package.

Property Size85,240 SF
Days on Market604

Property Features for 3 WASHINGTON CIRCLE NW Unit 403

General Information

Standard status Active
Size 85,240 SF
Total Parking Spaces 3
Property subtype Office

Taxes and HOA fees

Annual Taxes $6,080

Building Details

Building Size 85,240 SF
Year Built 1981
Listing Agency: Triple Net Investment Group LLC
Listed By: Robert Gamzeh · License #AB98367342
Source: Kwcapitalproperties
Added: Jan 30, 2025 Changed: Sep 23 Last Checked: Sep 24 at 3:52PM

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 Triple Net Investment Group LLC

Investment Insights

Based on property information with market context.

This medical office condominium is offered with fee simple ownership. The building is a high-rise, mixed-use property that also includes over 50 residential units and multiple office condos.

Located in the Washington Circle area, the property is described as within walking distance of the Foggy Bottom/GWU metro station, which serves the Orange and Blue lines. The listing also references access to nearby dining and shopping within a few miles.

The sale includes three parking spaces. Condo fees are listed as $791.66 per month, with space fees noted for P19, P34, and P56 at $61.25 per month each.

Key Highlights

  • Medical office unit sold with fee simple ownership.
  • Includes three parking spaces included with the sale.
  • Condo fee is $791.66 per month.

Property Analytics

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Current Use

Tim Fencing Washington ... General Contractor K Street Dental ... Dental Office Anant Corporation (Bike/Boat/Book/etc) Store Hassan E. Chehayeb ... Dental Office Mahshid Majlessi Koopaeei, ... Dental Office

Suggested Use

Top Pick Pet Grooming Service Butcher Fish Market (Bike/Boat/Book/etc) Store Tanning Salon Adult Day Care

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

17,858
Businesses Nearby
Under-served
Demand for This Use

Demographics for 20037, DC

14,945
Population
8,828
Households
1.7
Avg Household Size
29
Median Age
90%
College-Educated
99%
High-School Grad
0.7 sq mi
ZIP Area
21,350
Density / Sq Mi
$98,917
Median Household Income
$69,480
Median Earnings
$2,420
Median Rent
$743,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Washington, DC

14.8% 2019
17% 2020
18.1% 2021
19.5% 2022
20.7% 2023
21.9% 2024
22.8% 2025
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Similar Off Market Nearby

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  • Home Care for Animals — 1250 Connecticut Ave NW STE 200, Washington, DC 20036
  • Dupont Veterinary Clinic — 2022 P St NW, Washington, DC 20036

Frequently Asked Questions

What type of property is this?
Medical Office Space - Medical office unit offered with fee simple ownership and three parking spaces as part of the package.
Where is this medical office space located?
The property is located at 3 WASHINGTON CIRCLE NW Unit 403 Washington, DC.
What is the asking price?
The asking price for this property is $640,000.
What are key features of this property?
This property features: Medical office unit sold with fee simple ownership.; Includes three parking spaces included with the sale.; Condo fee is $791.66 per month.
More about this property
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