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4400 Macarthur Boulevard NW, Unit 101Washington, DC 20007Price: $999,500

  • Price: $999,500
  • 4 Days on Market
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Federal 30-year interest rate: 6.29% last updated on Sep 22, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $999,500List Price
  • 1981Year Built

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Listed by Andrew O'Neill of O'Neill Realty Advisors,LLC
Commercial Condo with flexible zoning and condo permitted uses Opportunity to occupy as owner or lease as investor Solid investment income with local, historically stable tenancy and low vacancy, and strong historical rent growth The property is vacant and can be immediately occupied or leased upon sale The property is located within the Palisades, one of Washington, DC's most desirable neighborhoods with rich history and attractive architecture, and close to Georgetown and Reagan Airport The property's proximity to Washington, DC, Northern VA and Bethesda, MD as well as the vehicular corridors of I-495, I-270, and Canal Road. Property has excellent visibility and exposure along the MacArthur Blvd corridor The property's proximity to retail, food, restaurants, and other amenities for employees The property has MU-3A Zoning, therefore it enjoys great flexibility and can be permitted by mater of right many uses, including office, medical, daytime care, schools and others The property has six (6) parking on site that convey and additional free parking behind the bldg. and on the street The property can be easily self-managed and has no operating expenses The property is set in a tranquil and quiet environment and backs up to the Old Trolley Line Hiking Trail. The C&O Canal and Potomac River are steps away The building has ample restrooms and multi-zoned HVAC for each leasable space. Current private office setup with flexible floor plan attractive to both owner occupants and investors The property's garage has easy ingress and egress for vehicles The garage is sprinklered for fire suppression The supply for this type of property, and the availability to purchase them, is very limited High barrier to entry in this neighborhood for any commercial properties Solar panels on roof as common element for cost reduction of electricity costs

Property Details of 4400 Macarthur Boulevard NW, Unit 101

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