926 Pennsylvania AveWashington, DC 20003
- Office properties
- 3,159 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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