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    406 5Th St Washington, DC 20001

    For Lease
    Contact for pricing

    Historic building, boutique office suites

    Lot size:
    3,525 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional commercial property at 406 5th Street NW in Washington, DC offers a unique opportunity to lease prime office space in a historic building. The property, a Class C building constructed in 1874, totals 3,525 square feet and is situated on a 0.04-acre lot. Currently, 2,040 square feet of space is available, divisible into units ranging from a minimum of 890 square feet to a maximum contiguous space of 1,150 square feet. The building features a mix of retail and office space, with the available space ideal for small to medium-sized businesses. The lower level retail space includes a rear patio, perfect for outdoor seating. This location offers unparalleled convenience, being within walking distance of the District of Columbia Court of Appeals, the metro, and Capital One Arena. Its proximity to the intersection of Pennsylvania Avenue and 6th Street in Northwest DC further enhances its accessibility and visibility. The property's historic charm combined with its modern convenience makes it an attractive option for a variety of professional organizations, particularly law firms seeking office space near the courthouse. The multiple tenancy structure allows for flexibility in lease terms and space configuration. This is a rare opportunity to secure a well-located, historically significant commercial property in the heart of Washington, DC. The property is located in the 20001 zip code.

    Property Features for 406 5Th St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,525 SF
    Class
    C

    Building Details

    Year Built
    1874

    Unit(s) available at that property

    Space
    2nd Floor
    Size
    1,150 SF
    Space
    3rd Floor
    Size
    890 SF

    HighLights

    • Ground floor retail space with rear patio.
    • Boutique office/retail condo.
    • Three‑story office building with ground‑floor retail.
    • Excellent location, walking distance to D.C. Court of Appeals.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dansie & Dansie LLP Law Firm Fuel Injectors For Sale ... Shopping Mall Daniel A. Gross Attorney Lambertsyard Consultant The Law Office of Jennifer ... Law Firm

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Washington
    County
    District of Columbia
    State
    District of Columbia
    Longitude
    -77.0191953
    Latitude
    38.8950426

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    FAQs

    What type of property is this?
    Office Property / Space - Historic building, boutique office suites
    Where is this office property / space located?
    The property is located at 406 5Th St Washington, DC.
    What are key features of this property?
    This property features: Ground floor retail space with rear patio.; Boutique office/retail condo.; Three-story office building with ground-floor retail.
    Request Owner's contact information
    406 5Th St Washington, DC 20001
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    Washington, DC 20001
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    406 5Th St Washington, DC 20001
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