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1420 N St NW
Washington, DC 20005

$1,399,900 USD

Apartments Condo For Sale  •  3,300 SF

Property Details

  • Property Type Apartments
  • Total Building Size 173,760 SF
  • Lot Size 0.41 AC
  • Building Class B
  • Year Built 1964
  • Cap Rate 8.60 %
  • Tenancy Multiple
  • Zoning MU2
100 Transit Score
98 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit T3,T4,T6 Flex 3,300 SF $1,399,900 USD
  • Unit Size: 3,300 SF
  • Condo Use: Flex
  • Price: $1,399,900 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $424.21 USD
Description
**UNIQUE OPPORTUNITY TO OWN OVER 3,000 SQ FT OF COMMERCIAL OFFICE SPACE IN PRIME DC LOCATION** Located nicely along the 14th Street Corridor between Logan and Thomas Circles, you'll find this expansive commercial office space that features a welcoming reception area, conference room, and bathroom. This office space combined three units in the building to create a 19-ROOM + RECEPTION OFFICE SPACE that can be used in a variety of ways - including leasing the space to one tenant or individually leasing each room - the possibilities are endless! The space has wide plank LVP flooring throughout, neutral paint, and most rooms have individual keypad locks for security and the ability to lease the rooms to multiple tenants. The building has a very WELCOMING FRONT ENTRY with a ramp and elevator for easy access and CONCIERGE to provide a welcoming first impression for office tenants and assist with building entry.  The building also has a rooftop pool with a nice terrace and great city views and onsite laundry facilities. One RESERVED GARAGE PARKING SPACE IS INCLUDED. The parking space is located at the neighboring property (1440 N ST NW) and included in the list price. Buyer may have the option to convert back to residential property (buyer to perform their own due diligence and must confirm with condo association and local zoning and tax offices). TENANTS WILL LOVE THE CONVENIENT LOCATION - this property is just one to two blocks to popular quick serve restaurants including Call Your Mother Deli, Sweetgreen, Starbucks, Shake Shack, Van Leeuwen Ice Cream, and Whole Foods, plus other popular restaurants including Le Diplomate, Pearl Dive, ChurchKey, and so many more! The property is also located near several Capital Bikeshare stations, bus stops, and more!

Sale Notes
List price includes units #T3, #T4, #T6 and parking space #P13 (at 1440 N St NW). Square footage based on the combination of the tax record square footages of all three units. Additional square feet from hallways and other previously common spaces may exist and is included.

Highlights

Excellent location
Fantastic building amenities
Divisible into multiple spaces

Financial Summary

Cap Rate: 8.60 %
Total Expenses: $0 USD

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Controlled Access
  • Concierge
  • Laundry Facilities
  • Pool
  • Property Manager on Site
  • Heating
  • Kitchen
  • Tub/Shower
  • Roof Terrace
  • Storage Space
  • Bicycle Storage
  • Conference Rooms
  • Elevator
  • Public Transportation

Public Transportation

Commuter RailDriveWalkDistance
L'enfant (Fredericksburg Line - Virginia Railway Express, Manassas Line - Virginia Railway Express) 4 min - 2.0 mi
Union Station (Brunswick Line - Maryland Area Regional Commuter Trains (The MARC), Camden Line - Maryland Area Regional Commuter Trains (The MARC), Fredericksburg Line - Maryland Area Regional Commuter Trains (The MARC), Manassas Line - Maryland Area Regional Commuter Trains (The MARC), Penn Line - Maryland Area Regional Commuter Trains (The MARC), Red Line - Maryland Area Regional Commuter Trains (The MARC)) 5 min - 2.1 mi
Transit/SubwayDriveWalkDistance
Mcpherson Square (Blue Line - Washington Metropolitan Area Transit Authority Metrorail (Metrorail), Orange Line - Washington Metropolitan Area Transit Authority Metrorail (Metrorail), Silver Line - Washington Metropolitan Area Transit Authority Metrorail (Metrorail)) 2 min 9 min 0.5 mi
Farragut North (Red Line - Washington Metropolitan Area Transit Authority Metrorail (Metrorail)) 2 min 12 min 0.6 mi
Mount Vernon Square/7Th St-Convention Center (Green Line - Washington Metropolitan Area Transit Authority Metrorail (Metrorail), Yellow Line - Washington Metropolitan Area Transit Authority Metrorail (Metrorail)) 2 min 13 min 0.7 mi
Dupont Circle (Red Line - Washington Metropolitan Area Transit Authority Metrorail (Metrorail)) 2 min 14 min 0.7 mi
Farragut West (Blue Line - Washington Metropolitan Area Transit Authority Metrorail (Metrorail), Orange Line - Washington Metropolitan Area Transit Authority Metrorail (Metrorail), Silver Line - Washington Metropolitan Area Transit Authority Metrorail (Metrorail)) 2 min 15 min 0.8 mi
AirportDriveWalkDistance
Ronald Reagan Washington Ntl 10 min - 5.4 mi
Washington Dulles International 44 min - 27.2 mi
Baltimore/Washington International Thurgood Marshall 47 min - 31.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 1
Type: Covered
Included in Rent: Yes
David Bediz 202-642-1616 Keller Williams Capital Properties
David Bediz 202-642-1616 Keller Williams Capital Properties