926 Pennsylvania AveWashington, DC 20003

  • Office properties
  • 3,159 SF
For Sale

Property Details for 926 Pennsylvania Ave

Year built
1908
Construction
BRICK
Lot size
0.03 AC
Property size (Sq ft)
3,159 SF
Zone code
MU-25
Property type
Office properties
Property subtype
Office buildings
APN
0947 0005
APU
9470005

Description

This exceptional Class A executive office suite, located at 926 Pennsylvania Avenue Southeast in Washington, D.C.'s vibrant Capitol Hill neighborhood, offers 2,800 square feet of premium workspace. The three-level corner property boasts a highly desirable location, currently leased until October 31, 2025, with a potential five-year extension option. The lease can be terminated upon purchase, providing flexibility for the new owner. The building offers on-site parking for up to six vehicles, conveniently accessible from 10th Street SE. This is a rare opportunity to acquire a boutique office space with the added benefit of secure parking in one of Capitol Hill's most sought-after commercial areas. The property's address is 926 Pennsylvania Avenue Southeast, Washington, DC 20003, situated in Columbia County. This presents a unique investment opportunity in a thriving and prestigious location. The property is categorized as an Executive Office within the Office property type.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $816,381
    6.5%
    $753,582
    7%
    $699,755
  • Comparable approach

    Method
    Valuation
    Relative Method
    $527,585
    Geo Method
    $527,585
  • Alternative Use

    Use
    Valuation
    Residential
    $934,442
    Hospitality
    $855,944
    Educational
    $712,135
    Medical
    $736,627
    Retail
    $1,107,766
926 Pennsylvania Ave, Washington, District of Columbia

Location Insight

City
Washington
County
District Of Columbia
State
DC
Latitude
38.8836
Longitude
-76.9928
CBSA code
47900
CBSA name
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$13,703
$367,310
$477,510
$844,820
-
$367,310
$477,510
$844,820

FAQs

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