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$18,500,000
320 Days Online

2626 Pennsylvania Avenue NW
Washington, DC 20037

For Sale|Commercial|Pending
0
Beds
0
Full Baths
0
Partial Baths

SqFt

/SqFt
1974
Built
County:
Washington

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2626 Pennsylvania Avenue NW2626 Pennsylvania Avenue NW2626 Pennsylvania Avenue NW2626 Pennsylvania Avenue NW
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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.

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Listing Snapshot
Price 
$18,500,000
Days Online 
320 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.2 Acres
Year Built 
1974
MLS Number 
DCDC2029018
Status 
Pending
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 days agoListing updated with changes from the MLS
5 months agoStatus changed to Pending
5 months agoPrice changed to $18,500,000
11 months agoListing first seen online
General Features
Water 
Public
Sewer 
Public Sewer
Parking 
Lighted ParkingPaved ParkingPrivate
Construction Materials 
ConcreteBrick
Zoning 
MU-10
Interior Features
Heating 
Forced Air
Cooling 
Central A/C
Central Air 
Yes
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Exterior Features
View 
CityCreek/StreamPanoramicRiverStreetTrees/WoodsWater
Lot Features 
Backs to TreesRoad Frontage
Community Features
Security 
Exterior CamerasFire Detection SystemSecurity SystemSprinkler System - IndoorSurveillance Sys
Accessibility Features 
ElevatorRamp - Main Level
Listing courtesy of CENTURY 21 Commercial New Millennium (703) 858-2770



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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