Office Condominium with Private
3232 GEORGIA Avenue NW Washington, DC 20010
For Sale
$1,100,000
Commercial Sale - WASHINGTON, DC
Property Size2,567 SF
Price / SF$428.52
Days on Market50
Property Features for 3232 GEORGIA Avenue NW
General Information
- Property type
- Other
- Property subtype
- Office
- Parking
- 10
- Parking features
- Garage
- Standard status
- Active
Taxes and HOA fees
- Tax Annual Amount
- 23185
Utilities
- Heating system
- Forced Air, Heat Pump (Heating), Electric (Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 2019
- Number of units
- 1
Listing Agency:
Samson Properties
(703) 378-8810
Listed By:
Jesse Elliott
(571) 422-0575
Added: Jun 4
Changed: Jul 17
Last Checked: Jul 23 at 11:06PM
MLS# DCDC2266612
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Unit 100 is a professionally designed office condominium offering 2,567 SF of workspace configured with 7 private offices, 3 conference rooms, a large open-concept area, a kitchen/break area, 2 restrooms, and a dedicated office supply/storage room. The unit is currently vacant and available for immediate occupancy, providing straightforward move-in for an owner-user or a tenant upon leasing.
The building is located on Georgia Avenue NW in Northwest Washington, DC, positioned along a highly visible corridor. Unit 100 also includes 7 private parking spaces and 3 guest parking spaces for convenient employee and visitor access. The property is professionally managed, and the monthly condo fee is $1,001.34 with an additional parking fee of $111.44. The surrounding area provides access to major transportation routes and public transit, along with nearby restaurants and retail services.
The building is located on Georgia Avenue NW in Northwest Washington, DC, positioned along a highly visible corridor. Unit 100 also includes 7 private parking spaces and 3 guest parking spaces for convenient employee and visitor access. The property is professionally managed, and the monthly condo fee is $1,001.34 with an additional parking fee of $111.44. The surrounding area provides access to major transportation routes and public transit, along with nearby restaurants and retail services.
Key Highlights
- 2,567 SF office condominium (Unit 100) built in 2019, with forced air/electric and heat pump heating plus central air
- Efficient layout with 7 private offices, 3 conference rooms, large open workspace, kitchen/break area, and dedicated office supply/storage room
- Includes 2 restrooms within the unit
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 | $129.4k | $50.40 |
| − Vacancy | −$20.7k | −$8.06 |
| EGI | $108.7k | $42.34 |
| − OpEx | −$27.2k | −$10.58 |
| NOI | $81.5k | $31.75 |
2,567 SF · lease $50.40/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.16M
$1.02M – $1.36M
NOI $81,507 @ 7.0% cap · market cap 7.41%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.32M
$1.16M – $1.54M
NOI $92,427 @ 7.0% cap · market cap 8.40%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
32 Thirty-Two Apartments
Apartment Building
Neighborhood Development Company
Construction Company
Reunion Hot Yoga
Gym & Fitness Center
Smoke Something Smoke ...
(Bike/Boat/Book/etc) Store
The General Beauty Parlor
Hair Salon
FAQs
What type of property is this?
Office units - Vacant office condominium with 7 private and 3 guest parking spaces and a layout featuring seven private offices and conference rooms.
Where is this office units located?
The property is located at 3232 GEORGIA Avenue NW Washington, DC.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 2,567 SF office condominium (Unit 100) built in 2019, with forced air/electric and heat pump heating plus central air; Efficient layout with 7 private offices, 3 conference rooms, large open workspace, kitchen/break area, and dedicated office supply/storage room; Includes 2 restrooms within the unit
