For Sale
Call for price

840 1St StWashington, DC 20002

Prime DC Office: 253,164 SF, 16% Occupancy

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 253,164-square-foot, Class B office building at 840 First Street NE in Washington, DC's NoMa neighborhood presents a unique investment opportunity. Built in 2003, this 12-story, free-standing building boasts 23,000-square-foot floor plates and stunning views of the DC skyline. Currently 16% occupied, with a projected occupancy date of February 1, 2024, the property offers immediate potential for value appreciation. The building features a multi-tenant configuration with four current tenants, including Carefirst, The Children's Defense Fund, Brady Campaign to Prevent Gun Violence, and Jazz Solutions. Its strategic location, one block from Union Station, provides unparalleled access to public transportation, including Amtrak, Acela, and the Red Line Metro. The vibrant NoMa neighborhood offers a wealth of amenities, including extensive retail, dining, and residential options. The property's D-5 zoning and ample parking (218 spaces per 1,000 sq ft) further enhance its appeal. This is a rare chance to acquire a prime office asset in a rapidly growing area, just minutes from the US Capitol Building and other key government buildings. The property is offered free and clear of any in-place financing. This presents an exceptional investment opportunity with significant long-term value potential.

Property Details for 840 1St St

Property type
Office properties
Square Feet
253,164 SF
Class
B
Year Built
2003
Buildings
1
Stories
12

Location Insight

City
Washington
County
District Of Columbia
State
District of Columbia
Latitude
38.900986161299
Longitude
-77.006415054249
840 1St St, Washington, District of Columbia

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840 1St St
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