1717 N Street NW
Fully-Occupied Four-Level Boutique Office Property with On-Site Parking
Marketing description
Feldman Ruel is pleased to present 1717 N Street NW, a fully-occupied, four-level, boutique office property totaling approximately 4,666 square feet. The subject property’s MU-1/DC zoning classification permits a wide-range of uses including retail, office, and residential. 1717 N Street NW will be delivered fully occupied upon sale. One of the three office suites is occupied by the owner, who is prepared to sign a six-to-12-month lease upon sale. Additionally, the shared conference room on the first level could be converted to another office space for an owner-occupant or tenant for additional revenue. Located only a few blocks from the Dupont Circle, Farragut North, and Farragut West Metro stations and surrounded by a bevy of retailers, restaurants, hotels, and other neighborhood amenities, 1717 N Street NW provides an excellent opportunity to acquire a stabilized office property in one of Washington, D.C.’s most dynamic neighborhoods.
Download Offering Memorandum: https://listings.feldmanruel.com/properties/1717-n-street-nw/
Investment highlights
- Flexible Occupancy | 1 Month-To-Month Tenant
- Sale-Leaseback Opportunity | Maximum 6-to-12 Month Term
- Unutilized GLA | Space on First Level can be Converted to Another Suite
- Recent Building Upgrades Include New HVAC, Fire Alarm, Intercom, Carpet, & Ceramic Façade
- Located Outside of DuPont Circle Business Improvement District
- Average Household Income of $151,862 within a 1-Mile Radius
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