Renovated Corner End-Unit Office
For Sale
Contact for pricing
3628 12TH STREET NE, Washington, DC 20017
Fully renovated three-level end-unit with secure entry, multiple offices and restrooms, kitchenette, and up to seven parking spaces.
Property Size2,100 SF
Price / SF$2.64
Days on Market101
Property Features for 3628 12TH STREET NE
General Information
Standard status
Active
Size
2,100 SF
Total Parking Spaces
7
Property subtype
Commercial
Site & Location
Neighborhood
University Heights
Amenities
fob entrance
security system
conference room
Wifi/printing room
multiple work stations
natural light
hardwood floors
loading door
storage spaces
central A/C and heating
kitchenette
full bath with shower
Building Details
Year Built
1923
Stories
3
Listing Agency:
Thos D. Walsh, Inc.
(202) 237-8488
Listed By:
Cameron Goodman · License #SP98377231
(202) 413-9030
Source:
Cummingsrealtors
Added: Jul 18
Changed: Oct 25
Last Checked: Oct 24 at 6:51PM
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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Investment Insights
Based on property information with market context.
A fully renovated 2,100 SF commercial end-unit offering three finished levels designed for flexible, mixed-use business operations. The layout includes multiple work stations and private offices, a conference room, and a WiFi/printing room, with hardwood floors on the upper levels and strong natural light. Three restrooms are provided, including a full bath with a quartz tile shower. Additional improvements include a kitchenette, full A/C and central heat, and a secure fob entrance with security system installed for access from both the front and back.
The property features rare off-street parking with up to seven private spaces, plus a loading door and storage area. Located on a prominent corner on Old Brookland’s Main Street, it offers visibility and easy access to Metro, bus, and commuter rail.
With flexible mixed-use zoning supporting a wide range of permitted uses, the building can support office, medical, retail, salon/spa, daycare, fitness, veterinary, and other compatible business types.
The property features rare off-street parking with up to seven private spaces, plus a loading door and storage area. Located on a prominent corner on Old Brookland’s Main Street, it offers visibility and easy access to Metro, bus, and commuter rail.
With flexible mixed-use zoning supporting a wide range of permitted uses, the building can support office, medical, retail, salon/spa, daycare, fitness, veterinary, and other compatible business types.
Key Highlights
- Fully renovated 2,100 SF end‑unit commercial building with three finished levels and multiple business‑ready spaces
- Flexible mixed‑use zoning allows office, medical, retail, salon/spa, daycare, fitness, veterinary, and more permitted uses
- Up to 7 private off‑street parking spaces plus a loading door and storage area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,949
Suggested Prices Based on Cap Rates
Cap Rate 5%
$778,980
$779.0K
Cap Rate 7%
$556,414
$556.4K
Cap Rate 9%
$432,767
$432.8K
Market Conditions
NOI Build-Up for 2,100 SF
Gross rent
$70.6K $33.60/SF
− Vacancy
−$5.6K −$2.69/SF
EGI
$64.9K $30.91/SF
− OpEx
−$26.0K −$12.36/SF
NOI
$38.9K $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%
$778,980
Cap Rate 7%
$556,414
Cap Rate 9%
$432,767
Alternative Uses
Best Use
Office B
$952.6K
$833.5K – $1.11M
NOI $66,679 @ 7.0% cap · market cap 1,201.42%
Second Best
Healthcare Medical
$556.4K
$486.9K – $649.2K
NOI $38,949 @ 7.0% cap · market cap 701.78%
Theoretical Best
Office A
$1.08M
$945.2K – $1.26M
NOI $75,612 @ 7.0% cap · market cap 1,362.38%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,239
Businesses Nearby
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Business Placement
Demographics for 20017, DC
20,293
Population
9,252
Households
2.2
Avg Household Size
37
Median Age
59%
College-Educated
92%
High-School Grad
2.2 sq mi
ZIP Area
9,224
Density / Sq Mi
$101,543
Median Household Income
$74,399
Median Earnings
$1,793
Median Rent
$686,400
Median Home Value
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Market
Vacancy Rate% for Office in Washington, DC
Frequently Asked Questions
What type of property is this?
Office building - Fully renovated three-level end-unit with secure entry, multiple offices and restrooms, kitchenette, and up to seven parking spaces.
Where is this office building located?
The property is located at 3628 12TH STREET NE Washington, DC.
What are key features of this property?
This property features: Fully renovated 2,100 SF end‑unit commercial building with three finished levels and multiple business‑ready spaces; Flexible mixed‑use zoning allows office, medical, retail, salon/spa, daycare, fitness, veterinary, and more permitted uses; Up to 7 private off‑street parking spaces plus a loading door and storage area
