For Sale
$1,240,000

3 Washington Cir Washington, DC 20037

Foggy Bottom, DC: 5,000 SF Medical Office, High Visibility

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional Class A medical office building, located at 3 Washington Circle NW in Washington, DC's Foggy Bottom submarket, presents a unique investment opportunity. The 5,000 square foot property, fully renovated in 2016, boasts a desirable multi-tenant occupancy. Currently, 25% occupied, the building comprises a 3,800 square foot dental suite featuring seven dental chairs, a reception area, X-ray room, bathroom, and kitchen. Additionally, a 1,200 square foot chiropractic suite includes three treatment rooms, a restroom, storage, and a spacious waiting room. Its prime location directly across from George Washington University Hospital ensures high visibility and accessibility. The existing chiropractic tenant is open to a sale-leaseback agreement, offering potential for immediate income generation. Furthermore, the seller is open to providing seller financing, making this an attractive proposition for various investment strategies. The property is zoned RA-4 and offers a modified lease type. This is a rare opportunity to acquire a well-maintained, strategically located medical office building in a thriving Washington, DC neighborhood. The asking price is $1,240,000, with a price per square foot of $240. The building was originally constructed in 1981.

Highlights

  • Prime Foggy Bottom, Washington, DC location.
  • Completely renovated in 2016.
  • 3,800 SF dental suite with seven operatories, ample reception area, X-ray room, and staff facilities.
  • 1,200 SF chiropractic suite featuring three treatment rooms, restroom, storage, and a large waiting area.
  • Across from George Washington University Hospital.
  • Chiropractic suite available with sale-leaseback option.

Property Details for 3 Washington Cir

Property type
Office properties, Medical offices
Square Feet
5,000 SF
Class
A
Year Built/Renovated
1981/2016

Location Insight

City
Washington
County
District of Columbia
State
District of Columbia
Latitude
38.903287
Longitude
-77.0504648

FAQs

What type of property is this?
Office property - Foggy Bottom, DC: 5,000 SF Medical Office, High Visibility
Where is the office property located?
The property is located at 3 Washington Cir Washington, DC.
What is the asking price?
The asking price for this property is $1,240,000.
What are key features of this property?
This property features: Prime Foggy Bottom, Washington, DC location.; Completely renovated in 2016.; 3,800 SF dental suite with seven operatories, ample reception area, X-ray room, and staff facilities.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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3 Washington Cir
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