1723 N ST NW new to site Save Request In-Person Tour Request Virtual Tour
Washington,DC 20036
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 6,391 sqft
Price per Sqft $297
MLS Listing ID DCDC2201060
Year Built 1984
Annual Tax Amount $43,509
Tax Year 2024
Lot Size 2,366 Sqft
Acres 0.05
Property Sub-Type Office
Source BRIGHT
Property Description
Being marketed in conjunction with the property immediately next door, 1719 N Street NW (MLS# DCDC2201046). 1719 N Street NW and 1723 N Street NW, are two adjacent, historic commercial buildings being delivered vacant and unencumbered, providing unmatched flexibility for a broad spectrum of buyers — whether an investor seeking repositioning potential, a developer planning a transformative adaptive reuse project with over 25,000 square feet of density if both assets are purchased together, or an owner-user looking to establish a presence in one of the District's most desirable urban locations.
Each property is currently configured for commercial office use and is situated on an attractive, tree-lined block just steps from the Circle itself — a hub of cultural vibrancy, commerce, and diplomatic activity. The buildings sit within the MU-1/DC commercial zoning district, which permits a wide range of uses including office, residential, lodging, institutional, and educational functions. This zoning allows the new owner to capitalize on strong local demand drivers while tailoring the property's future to their strategic goals.
Originally constructed near the turn of the 20th century, the properties reflect classic Washingtonian architectural charm, with red-brick façades, ornate cornices, and original design features that offer the potential for stunning restoration or stylish modern interiors. Each building is improved with rear alley access and off-street parking, a valuable amenity in this dense and highly walkable neighborhood where vehicular convenience is increasingly rare.
The offering represents a unique chance to own quality real estate that hasn't sold in over 80 years in a location that combines historical prestige, dense foot traffic, and strong market fundamentals. Buyers may choose to acquire the properties individually or as a portfolio, offering both scale and versatility depending on investment strategy.
Whether repositioned as high-end office space, converted into residential flats or condominiums, transformed into boutique hospitality, or held as long-term assets in a trophy location, 1719 and 1723 N Street NW offer an extraordinary canvas for value creation in the heart of the nation's capital.
Location
State DC
County Washington
Zoning MU-1/DC
Interior
Hot Water Other
Heating Other
Cooling Central A/C
Heat Source Other
Exterior
Garage Spaces 2.0
Water Access N
Accessibility None
Total Parking Spaces 2
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Tax ID 0158//0802
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard