Commercial Condo Office
4801 Wisconsin Ave Nw Washington, DC 20016
4801 Wisconsin Ave Nw, Washington, DC, 20016
$460,000
For Sale
$460,000
Approximately 700 SF office condo with prominent frontage along Wisconsin Ave NW in Washington, DC.
Property Size700 SF
Price / SF$657.14
Days on Market29
Property Features for 4801 Wisconsin Ave Nw
General Information
- Standard status
- Active
- Size
- 700 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1982
Listing agency
GREYSTEEL COMPANY LLC
(202) 280-2722
Listed by
ARI FIROOZABADI · License #SP200205538
Source
Corcoran
Added: Jun 23 Updated: Jul 21 at 2:39AM Checked: Jul 21 at 5:27AM
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 GREYSTEEL COMPANY LLC
Investment Insights
Based on property information with market context.
This offering is a commercial condo office suite of approximately 700 square feet, located on the 4800 block of Wisconsin Ave NW in Washington, DC. The property is positioned for visibility with prominent frontage for signage exposure along Wisconsin Ave NW.
It sits within walking distance of both Tenleytown and Friendship Heights Metro stations, at approximately 0.3 miles and 0.6 miles respectively. The location is described as being between Friendship Heights and Tenleytown, in a well-established commercial area with access to nearby retail, dining, and daily-needs services.
The suite is well-suited for an owner/user looking for a boutique presence in this sub-market.
It sits within walking distance of both Tenleytown and Friendship Heights Metro stations, at approximately 0.3 miles and 0.6 miles respectively. The location is described as being between Friendship Heights and Tenleytown, in a well-established commercial area with access to nearby retail, dining, and daily-needs services.
The suite is well-suited for an owner/user looking for a boutique presence in this sub-market.
Key Highlights
- Approximately 700 SF office commercial condo on the 4800 block of Wisconsin Ave NW in Washington, DC
- Built in 1982
- Prominent frontage along Wisconsin Ave NW for signage exposure
Local 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 | $35.3k | $50.40 |
| − Vacancy | −$5.6k | −$8.06 |
| EGI | $29.6k | $42.34 |
| − OpEx | −$7.4k | −$10.58 |
| NOI | $22.2k | $31.75 |
700 SF · lease $50.40/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$317.5K
$277.8K – $370.4K
NOI $22,226 @ 7.0% cap · market cap 4.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$360.1K
$315.1K – $420.1K
NOI $25,204 @ 7.0% cap · market cap 5.48%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Dr. Brian Gray
Dental Office
Ali Safayan, MD, ...
Physician
Nadina Lambert
Dental Office
Odyssey Tutors
Tutoring Service
Defense Attache Office ...
State Government Office
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FAQs
What type of property is this?
Office units - Approximately 700 SF office condo with prominent frontage along Wisconsin Ave NW in Washington, DC.
Where is this office units located?
The property is located at 4801 Wisconsin Ave Nw Washington, DC.
What is the asking price?
The asking price for this property is $460,000.
What are key features of this property?
This property features: Approximately 700 SF office commercial condo on the 4800 block of Wisconsin Ave NW in Washington, DC; Built in 1982; Prominent frontage along Wisconsin Ave NW for signage exposure
