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2016 P St NW
Washington, DC 20036 Dupont Circle

$2,650,000 USD

Storefront Retail Residential Condo For Sale  •  3,800 SF

Property Details

  • Property Type Storefront Retail Residential
  • Total Building Size 7,913 SF
  • Building Class A
  • Year Built 1918
  • Tenancy Multiple
  • Zoning MU-5A/DC
84 Transit Score
99 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit C1/C2 Retail 3,800 SF $2,650,000 USD
  • Unit Size: 3,800 SF
  • Condo Use: Retail
  • Price: $2,650,000 USD
  • Sale Type: Investment
  • Price/SF: $697.37 USD
Description
• Absolute net leased retail condos in Dupont Circle with +6.5 and +6 years 
remaining on the leases and substantial outdoor cafe seating
 • Both leases feature attractive 3% annual escalations in the primary base 
term and option periods
 • Tenants pay for all expenses including taxes, insurance, condo fees, repairs, 
and maintenance
 • Located on P Street NW, just west of the Dupont Circle Metro Station
 • Easily self-managed with condo association handling many responsibilities 
and expenses reimbursed by the tenants
 • Strong corner location in Dupont Circle, one of DC’s most attractive 
neighborhoods with growing rents

Highlights

Absolute net leased retail condos in Dupont Circle with +6.5 and +6 years remaining on the leases and substantial outdoor cafe seating
Both leases feature attractive 3% annual escalations in the primary base term and option periods
Tenants pay for all expenses including taxes, insurance, condo fees, repairs, and maintenance
Located on P Street NW, just west of the Dupont Circle Metro Station
Easily self-managed with condo association handling many responsibilities and expenses reimbursed by the tenants
Strong corner location in Dupont Circle, one of DC’s most attractive neighborhoods with growing rents

Property Flyers

Amenities

  • Corner Lot
  • Restaurant
  • Signage
  • Air Conditioning
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
6 min - 2.5 mi
6 min - 2.7 mi
Transit/SubwayDriveWalkDistance
Dupont Circle (Red Line - Washington Metropolitan Area Transit Authority Metrorail (Metrorail)) 2 min 6 min 0.3 mi
Farragut North (Red Line - Washington Metropolitan Area Transit Authority Metrorail (Metrorail)) 2 min 12 min 0.6 mi
Foggy Bottom-GWU (Blue Line - Washington Metropolitan Area Transit Authority Metrorail (Metrorail), Orange Line - Washington Metropolitan Area Transit Authority Metrorail (Metrorail), Silver Line - Washington Metropolitan Area Transit Authority Metrorail (Metrorail)) 2 min 15 min 0.7 mi
Farragut West (Blue Line - Washington Metropolitan Area Transit Authority Metrorail (Metrorail), Orange Line - Washington Metropolitan Area Transit Authority Metrorail (Metrorail), Silver Line - Washington Metropolitan Area Transit Authority Metrorail (Metrorail)) 2 min 15 min 0.8 mi
Mcpherson Square (Blue Line - Washington Metropolitan Area Transit Authority Metrorail (Metrorail), Orange Line - Washington Metropolitan Area Transit Authority Metrorail (Metrorail), Silver Line - Washington Metropolitan Area Transit Authority Metrorail (Metrorail)) 3 min 20 min 1.1 mi
AirportDriveWalkDistance
Ronald Reagan Washington Ntl 13 min - 6.1 mi
Washington Dulles International 43 min - 26.6 mi
Baltimore/Washington International Thurgood Marshall 49 min - 32.3 mi
Ian Weisz 202-869-1743 Greysteel Holdings
Ian Weisz 202-869-1743 Greysteel Holdings