Property profile

1420 St Nw Unit T3 Washington, DC 20005

OFF-MARKET
Office Spaces
1,595 SF Built 1964
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Property summary

AI-generated overview

This exceptional 1,595 square foot commercial office space presents a unique investment opportunity in Washington, D.C.'s vibrant 14th Street Corridor, nestled between Logan and Thomas Circles. The property, encompassing units #T3, #T4, and #T6, has been thoughtfully combined to create a 19-room office space, complete with a welcoming reception area and a conference room. Each room features individual keypad locks, offering flexibility for leasing to multiple tenants or a single entity. The space boasts wide plank LVP flooring and neutral paint throughout. The building itself offers a welcoming front entry with a ramp and elevator for accessibility, along with a concierge service to enhance the tenant experience. Residents and tenants enjoy access to a rooftop pool and terrace with stunning city views, and convenient onsite laundry facilities. A reserved garage parking space (#P13 at 1440 N St NW) is included in the list price. The property's prime location offers unparalleled convenience, with numerous popular restaurants, including Call Your Mother Deli, Sweetgreen, Starbucks, Shake Shack, Van Leeuwen Ice Cream, and Whole Foods, within a short distance. Le Diplomate, Pearl Dive, and ChurchKey are also nearby. Capital Bikeshare stations and bus stops provide easy access to public transportation. The buyer may explore the possibility of converting the property back to residential use, subject to due diligence, confirmation with the condo association, and compliance with local zoning and tax regulations. The listed square footage is based on the combined tax record square footages of the three units.

Property profile

Verified
Property type Office Spaces
Year built 1964
Total area 1,595 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1420 St Nw Unit T3 Washington, DC 20005
Washington metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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