Medical Office Condo with
3 Washington Circle NW Unit 206 Washington, DC 20037
For Sale
$250,000
Condo suite includes two private offices, a waiting area, and an in-suite restroom within a high-rise office building.
Property Size481 SF
Price / SF$519.75
Days on Market332
Property Features for 3 Washington Circle NW Unit 206
General Information
- Standard status
- Active
- Size
- 481 SF
- Property subtype
- Office
Building Details
- Year Built
- 1981
Listing Agency:
Coldwell Banker Realty
(240) 731-5562
Listed By:
Washington
(240) 731-5562
Source:
Xome
Added: Aug 29, 2025
Changed: Jul 21
Last Checked: Jul 26 at 3:12AM
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
Investment Insights
Based on property information with market context.
This medical office condo suite is located in a high-rise building on Washington Circle in Foggy Bottom. The professionally designed layout includes two private offices, a welcoming waiting area, and an in-suite restroom, supporting medical or professional use.
The property is described as being just steps from the Foggy Bottom–GWU Metro Station (Orange & Blue Lines). The mixed-use building also contains residential units and multiple office condos.
Unit 206 is offered for sale as part of the condominium office offering within the building, giving buyers access to an interior suite configuration with dedicated office space and an in-suite restroom.
The property is described as being just steps from the Foggy Bottom–GWU Metro Station (Orange & Blue Lines). The mixed-use building also contains residential units and multiple office condos.
Unit 206 is offered for sale as part of the condominium office offering within the building, giving buyers access to an interior suite configuration with dedicated office space and an in-suite restroom.
Key Highlights
- Medical office condo suite in a high‑rise building at Washington Circle in Foggy Bottom
- Suite layout includes 2 private offices, a welcoming waiting area, and an in‑suite restroom
- Central air cooling
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 | $24.2k | $50.40 |
| − Vacancy | −$3.9k | −$8.06 |
| EGI | $20.4k | $42.34 |
| − OpEx | −$5.1k | −$10.58 |
| NOI | $15.3k | $31.75 |
481 SF · lease $50.40/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$218.2K
$190.9K – $254.6K
NOI $15,273 @ 7.0% cap · market cap 6.11%
Second Best
Healthcare Medical
$127.4K
$111.5K – $148.7K
NOI $8,921 @ 7.0% cap · market cap 3.57%
Theoretical Best
Office A
$247.4K
$216.5K – $288.7K
NOI $17,319 @ 7.0% cap · market cap 6.93%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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
Similar Off Market Nearby
- Dupont Veterinary Clinic — 2022 P St NW, Washington, DC 20036
- Georgetown Veterinary Hospital — 3251 Prospect St NW Unit 100, Courtyard, Washington, DC 20007
- Home Care for Animals — 1250 Connecticut Ave NW STE 200, Washington, DC 20036
- InVictaVets — 1730 M St NW #7, Washington, DC 20036
- Veterinary Emergency Group — 2311 M St NW, Washington, DC 20037
FAQs
What type of property is this?
Medical Office Space - Condo suite includes two private offices, a waiting area, and an in-suite restroom within a high-rise office building.
Where is this medical office space located?
The property is located at 3 Washington Circle NW Unit 206 Washington, DC.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Medical office condo suite in a high‑rise building at Washington Circle in Foggy Bottom; Suite layout includes 2 private offices, a welcoming waiting area, and an in‑suite restroom; Central air cooling
