3 Washington Cir Nwg1, Washington, DC 20037-2356
- Office Spaces
- 4,000 SF
- 0.02 lot acres
Current Use by Public Records
- Office Spaces
Property Details for 3 Washington Cir Nwg1
- Year built
- 1981
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.02 lot acres
- Zone code
- RA4
- Property type
- Office Spaces
- APN
- 0038 2160
- APU
- 382160
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| — | — | Yousefi Washington Clinic PC | — | Deed Of Trust · related | $330k · First Union National Bank Va |
Description
This exceptional Class A medical office space, located at 3 Washington Circle Northwest - Unit G1 in Washington, DC's Foggy Bottom submarket, presents a unique investment opportunity. The 5,000 square foot building, constructed in 1981 and extensively renovated in 2016, boasts a desirable RA-4 zoning classification. Currently, 3,800 square feet are available for lease, previously configured as a state-of-the-art dental suite. This expansive space includes seven dental chairs, a reception area, a dedicated X-ray room, a bathroom, and a well-equipped kitchen. An additional 1,200 square feet is currently occupied by a chiropractic practice, featuring three treatment rooms, a restroom, ample storage, and a spacious waiting area. The building's prime location directly across from George Washington University Hospital ensures high visibility and convenient access to a large patient base. This property offers a rare chance to acquire a well-maintained, modern medical office space in a highly sought-after location within the District of Columbia county, zip code 20037. The building's multiple tenancy structure provides flexibility for various medical practices. This is an ideal opportunity for expansion or establishment of a thriving medical business in a vibrant and convenient urban setting.
Value Estimations
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,024,000
Market price range: $203k - $1.83M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $1,605,000 Current use
- COMMERCIAL (GENERAL)
- $1,740,000 Change: +9% Conversion: Easy
- RETAIL STORES
- $1,360,000 Change: -15% Conversion: Moderate
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Location Insight
- Map
- Local Demand
- City
- Washington
- County
- District Of Columbia
- State
- DC
- Longitude
- -77.0506
- Latitude
- 38.9032
- CBSA code
- 47900
- CBSA name
- WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
