Medical Office Suite with Private
For Sale
Contact for pricing
4600 CONNECTICUT AVENUE NW, Washington, DC 20008
RA-3 zoning restricts the space to medical care businesses within a secured mixed-use building.
Property Size575 SF
Price / SF$3.67
Days on Market101
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Property Features for 4600 CONNECTICUT AVENUE NW
General Information
Standard status
Active
Size
575 SF
Property subtype
Commercial
Zoning
RA-3
Site & Location
Public Transit
Yes
Utilities to Site
Yes
Amenities
courtyard
community room
fitness center
secured building
Building Details
Year Built
1989
Tenancy
Multi
Listing Agency:
CENTURY 21 Commercial New Millennium
(703) 753-7910
Listed By:
Venita Jacobson · License #37452
(240) 305-3449
Source:
Cummingsrealtors
Added: Jul 7
Changed: Oct 15
Last Checked: Oct 15 at 12:01AM
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 CENTURY 21 Commercial New Millennium
Investment Insights
Based on property information with market context.
Medical Suite 4 provides 575 SF of office space within The Saratoga, a mixed-use property combining residential apartments with commercial medical suites. The suite has its own entrance, an en suite restroom, and laminate wood flooring. CAM, taxes, insurance, interior maintenance for plumbing and electrical systems, and building amenities are included. The occupant is responsible for unit electric, water, and sewer utilities.
Building amenities include a courtyard, community room, fitness center, and secured access. Garage and off-street parking are available for a separate fee. The property is in Forest Hills near the UDC Van Ness Metro station and public transportation, with established surrounding neighborhoods and residents in the building. RA-3 zoning permits medical care businesses only. The building was constructed in 1989.
Building amenities include a courtyard, community room, fitness center, and secured access. Garage and off-street parking are available for a separate fee. The property is in Forest Hills near the UDC Van Ness Metro station and public transportation, with established surrounding neighborhoods and residents in the building. RA-3 zoning permits medical care businesses only. The building was constructed in 1989.
Key Highlights
- 575 SF medical office suite
- Private entrance and en suite restroom
- RA‑3 zoning for medical care businesses only
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,665
Suggested Prices Based on Cap Rates
Cap Rate 5%
$213,300
$213.3K
Cap Rate 7%
$152,357
$152.4K
Cap Rate 9%
$118,500
$118.5K
Market Conditions
NOI Build-Up for 575 SF
Gross rent
$19.3K $33.60/SF
− Vacancy
−$1.5K −$2.69/SF
EGI
$17.8K $30.91/SF
− OpEx
−$7.1K −$12.36/SF
NOI
$10.7K $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%
$213,300
Cap Rate 7%
$152,357
Cap Rate 9%
$118,500
Alternative Uses
Best Use
Office B
$260.8K
$228.2K – $304.3K
NOI $18,257 @ 7.0% cap · market cap 865.67%
Second Best
Healthcare Medical
$152.4K
$133.3K – $177.8K
NOI $10,665 @ 7.0% cap · market cap 505.69%
Theoretical Best
Office A
$295.8K
$258.8K – $345.1K
NOI $20,703 @ 7.0% cap · market cap 981.65%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,350
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
- Friendship Hospital For Animals — 4105 Brandywine St NW, Washington, DC 20016
- Armour Veterinary Ophthalmology — 4105 Brandywine St NW, Washington, DC 20016
Frequently Asked Questions
What type of property is this?
Medical Office Space - RA-3 zoning restricts the space to medical care businesses within a secured mixed-use building.
Where is this medical office space located?
The property is located at 4600 CONNECTICUT AVENUE NW Washington, DC.
What are key features of this property?
This property features: 575 SF medical office suite; Private entrance and en suite restroom; RA‑3 zoning for medical care businesses only
