Laura Gilley Listing Details!

bedrooms |
full baths
0.21 ACRES
Year Built: 1933
deleted
~Opportunity to add value through increased rent. ~Solid investment income with local, historically stable tenancy.~The property is located in the town of Glen Echo, one of Washington, DC's most desirable neighborhoods with rich history and attractive architecture.~The property~s proximity to Washington, DC, Northern VA and Bethesda, MD as well as the vehicular corridors of I-495, I-270, Clara Barton Parkway and Massachusetts Avenue.~Property has excellent visibility and exposure along the MacArthur Blvd corridor. This gives signage potential to users and owners. ~The property~s proximity to retail, food, restaurants and other amenities for employees.~The property has CRT Zoning, therefore it enjoys great flexibility and can be permitted by mater of right many uses, including office, retail or residential.~The property has abundant parking on site that conveys.~The building has been updated recently with floor plates that are divisible and set up for multi-tenancy. ~The building is easily self-managed.~Property enjoys excellent demographics: Median household income= $208,578/year (one mile radius), 2018 total population= 305,240 (five mile radius), Median home value= $930,532 (three mile radius).~The property is set in a tranquil and quiet environment.~The building has ample restrooms and multi-zoned HVAC for each leasable space.~Current private office setup with flexible floor plans.~The property can be vacated immediately upon sale.~The property has good visibility and easy ingress and egress for vehicles. ~The property is fully sprinklered for fire suppression.~The spaces/floors can be divided, attractive to both owner occupants and investors.~The supply for this type of property, and the availability to purchase them, is very limited.~High barrier to entry in this neighborhood.
Property Details
MLS #
MDMC651492
Property Type
Commercial Sale
Listing Status
deleted
Listing Price
$3,250,000
Year Built
1933
Lot Acreage
NA
Subdivision
City
GLEN ECHO
County
MONTGOMERY
Water Source
Public
Sewer
Public Sewer
Zoning
C1
Exterior Details
Home Type
Parking
Driveway
Parking Lot
Interior Details
Interior Space
sq ft
Heating
Natural Gas - Forced Air
Cooling
Electric - Central A/C,Window Unit(s)
Hot Water
Multi-tank,Natural Gas
Accessibility Features
2+ Access Exits
Financial Details
County Tax
$15,784.00
Refuse Fee
$358
Special Tax Assessment
$0
Tax Year
2019
Total Assessment
$1,204,567
Total Taxes
$15,784
Listing Courtesy of
Listing Office
O'Neill Realty Advisors, LLC
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