924 Pennsylvania AveWashington, DC 20003

Property Details for 924 Pennsylvania Ave

Year built

1908

Construction

BRICK

Lot size

0.04 AC

Property size (Sq ft)

1,974 SF

Zone code

MU-25

Property type

Office properties

Property subtype

Office buildings

APN

0947 0006

APU

9470006

Description

This exceptional Class A executive office suite, located at 924 Pennsylvania Avenue SE in Washington, D.C.'s Capitol Hill neighborhood, offers a rare opportunity to acquire a prestigious, single-tenant space. The three-level, mid-block building encompasses a total of 1,974 square feet, currently vacant and ready for immediate occupancy. The property boasts a highly desirable location within Capitol Hill's vibrant commercial area, providing excellent visibility and accessibility. On-site parking is a significant advantage, with up to six vehicle spaces conveniently accessible from 10th Street SE. This boutique office space presents a unique chance to establish a prominent presence in a sought-after location. The building's design and layout are ideal for a variety of executive office uses, offering flexibility and ample space for a professional setting. The entire 1,974 square feet is available, allowing for a seamless and efficient workspace. This is an exceptional opportunity to own a prime piece of Capitol Hill real estate. The property's location offers easy access to major transportation routes, making it convenient for employees and clients alike. The building's Class A designation reflects its high-quality construction and modern amenities. Don't miss this chance to secure this exceptional office space in a thriving and prestigious location.

• CAP approach

  CAP return

  Valuation

  6%

  $510,141

  6.5%

  $470,900

  7%

  $437,264

• Comparable approach

  Method

  Valuation

  Relative Method

  $329,678

  Geo Method

  $329,678

• Alternative Use

  Use

  Valuation

  Residential

  $583,916

  Hospitality

  $534,863

  Educational

  $445,000

  Medical

  $460,304

  Retail

  $692,222

Location Insight

City

Washington

County

District Of Columbia

State

DC

Latitude

38.8837

Longitude

-76.9929

CBSA code

47900

CBSA name

WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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