1601 18th St NW
Washington, DC 20009 Dupont Circle

• Unit Size: 1,600 SF
• Condo Use: Office/Retail
• Price: $375,000 USD
• Sale Type: Investment or Owner User
• Price/SF: $234.38 USD

Description

Building Amenities: 24hr Concierge, Rooftop Lounge, Fitness Center
Condo Fee Inclusions: Insurance, Utilities, CAM, Capital Contributions, Contract Services
Condo Location: Raised Sublevel
Points of Egress: 2
Restrooms: 2

Sale Notes

Feldman Ruel Urban Property Advisors is pleased to present 1601 18th Street NW #3, an approximately 1,600-square foot commercial condominium located in the Imperial House, a property consisting of a mix of residential and commercial condominiums. The subject property is located just one block from Dupont Circle itself, making it an excellent opportunity for an office user, specifically in the medical/dental field, to establish themselves in one of Washington D.C.’s premier neighborhoods. Unit 3 at 1601 18th Street NW will be delivered 100% vacant at closing, allowing an owner-user to occupy the unit immediately or an investor to quickly begin lease-up efforts. The unit lends itself well to a myriad of potential uses, including traditional office as well as medical/dental use and even residential conversion. The unit is currently built-out for medical/dental use with seven operatories and plumbing for dental chairs. There is a designated reception area with two restrooms at the main entrance of the unit as well as the building lobby, which features a 24-hour concierge to receive visitors. The subject property is zoned MU-15 meaning there are several permissible uses. Among them are medical care, office use, governmental use, art gallery and design, college or university use, accounting practice, nonprofit organization, and many other uses. The unit can also be converted into a residential condominium.