5165 Macarthur Blvd, Washington, DC 20016
8,232 SF | 15% Leased | Office Building | Washington, DC 20016 | $2,750,000 ($334/SF)
For Sale
Active
- Date Added:
- September 16, 2024
- Days on Market:
- 15 days
Asking Price $2,750,000
- Property Type
-
Office
- Square Feet
- 8,232 SF
- Price / Square Foot
- $334
Listing Contacts
Ian Ruel
Josh Feldman
LaMarr Datcher
Pete Barnard
- Property Info
Property Overview
Feldman Ruel Urban Property Advisors is pleased to present 5165 MacArthur Boulevard NW, a five-level property historically utilized as office space with a rear parking area that can accommodate as many as 12 vehicles. Delivered vacant at closing, the subject property is ideal for an owner-user, and also represents an excellent opportunity for a multifamily conversion project.
Property Details
- Class
- C
- Year Built/Renovated
- 1989/2023
- Stories
- 5
- Lot Size (sq. ft)
- 5,663 SF
Highlights
- Ideal for an Owner-User | Delivered 100% Vacant at Closing
- MU-3A Allows a Wide Range of Uses Including Office, Retail, Multifamily, Medical, Educational, & Childcare
- Rear On-Site Parking for up to 12 Vehicles Along with Ample Street Parking
- Existing Building Configuration Extremely Well Suited for a Multifamily Conversion
- Recent Capital Improvements | New Fleece-Back TPO Roof, New HVAC Package Units, New Exterior Painting & More
- Strong Demographics | Average Household Income of $232,112 and a Median Home Value of $1,104,365 within a 1-Mile Radius
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