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    Property profile & analytics
    OFF-MARKET Estimated value $2,440,000
    Office buildings

    1101 Pennsylvania NW Ave, Washington, DC 20004-2504

    336,271 SF 0.49 ac lot Built 1898
    Individually Owned 16-yr Hold Free & Clear
    Property ID
    US16-0211998
    Property summary
    AI-generated overview

    This exceptional Class A office space at 1101 Pennsylvania Avenue NW, Suite 300, Washington, DC 20004, offers a prestigious address in a landmark building. The property boasts 20,475 square feet across 350 suites, with 5,970 square feet currently vacant. The building underwent renovations in 2019 and features modern elevators. Suites range from a minimum of 10 square feet to a maximum contiguous space of 1,300 square feet, catering to diverse business needs. The property is ideal for businesses seeking executive offices, coworking spaces, or creative office environments. Its location, just three blocks from the White House, places it within a thriving business district, surrounded by law firms, federal agencies, and professional services companies. The building offers a blend of luxurious, design-led workspaces and welcoming common areas. Convenient amenities include nearby restaurants, including a highly-rated steakhouse, and a variety of dining options. The space is fully furnished and equipped, with options ranging from serviced offices to custom solutions, including disaster recovery spaces and day offices. A comprehensive benefits program provides exclusive discounts and procurement support. This is an unparalleled opportunity to establish a presence in one of Washington, D.C.'s most desirable locations. The property is located in Washington County, District of Columbia.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1898
    Construction TILT-UP CONCRETE
    Total area 336,271 SF
    Lot 0.49 ac (21,328 SF)
    Zoning code D-7
    APN 0322 0021
    UPID US16-0211998
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $2.44M
    Owner & transaction history
    1101 Pennsylvania Avenue T-c · 16 yrs held
    1101 Pennsylvania Avenue T-c
    since 2010
    2 recorded transactions
    2010
    $178.0M
    1969
    Zoning & alternative use
    D-7 · Washington, DC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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