2626 PENNSYLVANIA AVE NW Washington DC 20037 |Home for sale at $18,500,000| Damon Nicholas
38.9040298461914 -77.0554122924805

2626 PENNSYLVANIA AVE NW Washington, DC 20037

308768470 38.9040298461914 -77.0554122924805 230 /listing/308768470-150210799/2626-pennsylvania-ave-nw-washington-dc-20037 False 0 18500000.0000 32750 101 DCDC2029018 False
  • $18,500,000
  • 32,750 sqft
  • 0.20 lot
  • Est payment $99312/mo

Property & Neighborhood Info

Courtesy Of CENTURY 21 Commercial New Millennium, stephen.karlbelk@realmarkets.com

Commercial in WASHINGTON

Rare redevelopment opportunity to purchase a five-story urban office building located at 2626 Pennsylvania Avenue, NW in Washington, DC. Exceptionally well-positioned just outside of Georgetown in the West End submarket, this 32,750 SF office building rests on 0.20 acres and has significant residential redevelopment potential. The property offers a prestigious Pennsylvania Avenue address and the building overlooks Rock Creek Park with spectacular views from window lines on three sides, across the bridge from Georgetown. This area will always be valuable and in high demand, and any property that is redeveloped would be considered a trophy location. It is presently owner-occupied by The Salvation Army DC/VA Headquarters. The Salvation Army plans on relocating from this property but will consider a sale/rent back not to exceed 9 – 12 months as they transition to a new location. The building was constructed in 1975 and renovated in 1998. There are five floors of offices with two levels of underground parking garage with 42 parking spaces. The property benefits from immediate access near the end of I-66, Whitehurst Freeway, and K Street while being only five blocks from the Foggy Bottom Metro Station. There is convenient access to Georgetown’s popular restaurants, entertainment, and shopping destinations. Numerous windowed offices and the rooftop offer panoramic views of Washington, DC and the Potomac River. The buyer may consider a light renovation of the building and continue to hold the property while generating income with a new tenant, but the building has many other possibilities for redevelopment under the MU-10, Mixed Use zoning. Redevelopment should be able to get up to ten (10) floors, plus the underground garage levels, with a variance from the DC government. A more in-depth description and additional property details are included in the Offering Memorandum, available through the Listing Agent.

Courtesy Of CENTURY 21 Commercial New Millennium, stephen.karlbelk@realmarkets.com
  1. 32,750 Sq. Ft.
  2. 0.20 Lot

Main Features

  • Listing Status: Off Market
  • Year Built: 1974
  • Garage: 42.0
  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • County: WASHINGTON
  • Tax Year: 2021
  • Zoning: Mixed Use
  • MLS Number:DCDC2029018

Additional Features

  • Accessibility Features:
    • Elevator
    • Ramp - Main Level
  • Air Conditioning:
    • Yes
  • Building Area Source:
    • Assessor
  • Business Type:
    • Professional
  • Cooling:
    • Central A/C
  • Cooling Fuel:
    • Electric
  • Doors/Windows:
    • Atrium
  • Heating:
    • Forced Air
  • Heating Fuel:
    • Electric
  • Location:
    • Urban
  • Lot Description:
    • Backs to Trees
    • Road Frontage
  • New Construction:
    • No
  • Parking:
    • Lighted Parking
    • Paved Parking
    • Private
  • Possession:
    • Negotiable
  • Rental Features:
    • No
  • Security Features:
    • Exterior Cameras
    • Fire Detection System
    • Security System
    • Sprinkler System - Indoor
    • Surveillance Sys
  • Sewer:
    • Public Sewer
  • Soil:
    • Unknown
  • View:
    • City
    • Creek/Stream
    • Panoramic
    • River
    • Street
    • Trees/Woods
    • Water
  • Water Access:
    • No
  • Water Heater:
    • Electric
  • Water Source:
    • Public
  • Waterfront:
    • No
  • Sourced By:
    • Bright MLS
Neighborhood info courtesy of Homes.com © 2023

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
38.9040298461914 -77.0554122924805

2626 PENNSYLVANIA AVE NW Washington, DC 20037

308768470 38.9040298461914 -77.0554122924805 230 /listing/308768470-150210799/2626-pennsylvania-ave-nw-washington-dc-20037 False 0 18500000.0000 32750 101 DCDC2029018 False
  • $18,500,000
  • 32,750 sqft
  • 0.20 lot
  • Est payment $99312/mo