Property Listing No Longer Available for Sale

3 Washington Circle NW Ste. 305

Washington, DC

Health Care for Sale - $2,400,000 - 4,950 Sq. Ft. on 0.45 acres


Property Info

CIMLS#918055
Location
  3 Washington Circle NW Ste. 305
  Washington DC 20037
UpdatedJanuary 15th, 2020
TypeHealth Care
Price$2,400,000
Building4,950 Sq. Ft.
Land0.45 acres

Property Description

K&M Commercial Real Estate is pleased to exclusively represent the owner in the sale of 3 Washington Circle NW Ste. 305, Washington DC, which consists of 4,950 SF Medical Office Condo located in Foggy Bottom. Partitioned into two spaces, 2,850 SF currently leased to a long-term tenant with 2,100 SF available for end-user. Also, there is an opportunity to purchase 14 parking space separately from the owner at a price of $50,00 each, current income for the parking space is $300 per area per month. For more information, please call 703-734-2822

Location Description:

The Chancellor is a high-rise condo building located on Washington Circle between 23rd Street and 24th Street in Foggy Bottom. This 10-story building was erected in 1909 and was converted to condos in 1981 and is now home to a mix of 57 residences and multiple medical office condos.The building is located on the corner of 23rd Street and Washington Circle, directly across from George Washington University Hospital. The closest Metro station is Foggy Bottom/GWU (Orange/Blue Lines).

Highlights:

>> 4,950 SF Medical Office Condo, End-Use with Investment

>> 2,850 SF currently lease to long term tenant

>> 2,100 SF available for end-user

>> Up to 14 parking spaces available for sale.

>> Condo Dues, $4,237 per month*

>> Taxes, $3,650 per month

* Email for additional photos

** This property also has spaces available for lease.


Financials

Cash at closing