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    1717 Street Expy Washington, DC 20036

    For Sale
    $3,100,000

    Fully occupied, 4,666 sq ft office building

    Property size:
    4,666 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This fully occupied, four-story office building at 1717 N Street NW, Washington, DC 20036, offers 4,666 square feet of space. Built in 1900, the property features a traditional office layout and boasts 100% occupancy. The asking price is $3,100,000, translating to $664.38 per square foot. The MU-1/DC zoning allows for a variety of uses, including retail, office, and residential. One suite is currently occupied by the owner, who is willing to lease back the space for six to twelve months post-sale. The first floor includes a shared conference room with potential for conversion into additional office space. Recent upgrades include a new HVAC system, fire alarm, intercom system, carpeting, and ceramic façade. The building benefits from its prime location, just blocks from several Metro stations (Dupont Circle, Farragut North, and Farragut West) and surrounded by numerous retail establishments, restaurants, and hotels. On-site parking is available. The average household income within a one-mile radius is $151,862. This presents a unique opportunity to acquire a stabilized income-producing property in a highly desirable Washington, D.C. neighborhood. The property includes one building with four stories. The APN is 0158-0000-0801.

    Property Features for 1717 Street Expy

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    4,666 SF

    Building Details

    Year Built
    1900
    Buildings
    1
    Stories
    4

    HighLights

    • Flexible lease terms available, including month‑to‑month options.
    • Sale‑leaseback opportunity with a maximum 6‑12 month lease term.
    • First‑floor space adaptable for conversion into an additional suite.
    • Recently upgraded with new HVAC, fire alarm system, intercom, carpeting, and ceramic façade.
    • Convenient location outside the DuPont Circle BID.
    • High‑income demographic: average household income within 1 mile is $151,862.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Building Supply Daycare Center Gym & Fitness

    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
    -77.039280944147
    Latitude
    38.907249294845

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    FAQs

    What type of property is this?
    Office Property / Space - Fully occupied, 4,666 sq ft office building
    Where is this office property / space located?
    The property is located at 1717 Street Expy Washington, DC.
    What is the asking price?
    The asking price for this property is $3,100,000.
    What are key features of this property?
    This property features: Flexible lease terms available, including month-to-month options.; Sale-leaseback opportunity with a maximum 6-12 month lease term.; First-floor space adaptable for conversion into an additional suite.
    Request Owner's contact information
    1717 Street Expy Washington, DC 20036
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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
    1717 Street Expy Washington, DC 20036
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