Turn-Key Mixed-Use Investment
1451 MARYLAND Ave NE, Washington, DC 20002
Fully renovated mixed-use property with stable income in growing DC area.
Type:Investment
- Added:
- Apr 24, 2026
- Days on Market:
- 39
- Last Refresh:
- Apr 24 at 3:32 pm
Property Features for 1451 MARYLAND Ave NE
General Information
- Standard status
- Active
- Property subtype
- Investment
Building Details
- Year Built
- 1900
Listing agent Daniel M Heider License #DCSP98373256 (202) 938-3685
Listing office TTR SOTHEBY'S INTERNATIONAL REALTY (202) 938-3685
Listing date Apr 24, 2026
Source Elliman
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of TTR SOTHEBY'S INTERNATIONAL REALTY
HighLights
- Prime location in Northeast DC's rapidly growing Starburst Intersection, near the $3.7 billion RFK Stadium redevelopment project.
- Turn‑key, mixed‑use investment property generating $156,935 in annual NOI with stable, long‑term income.
- Anchored by Daru, a Michelin Bib Gourmand‑awarded restaurant with a Triple Net lease until 4/1/2031, covering a significant portion of property expenses.
- Luxurious residential penthouse with high‑end finishes (wide plank white oak floors, JennAir appliances, spa‑inspired baths, private outdoor terraces) leased until 5/1/2026.
- Comprehensive $1M renovation in 2021, including new MEP systems, basement excavation, penthouse addition, and rooftop decks.
- Minimal owner expenses due to tenants paying utilities and Daru's NNN lease, offering a hands‑off, low‑risk investment.
Overview
This mixed-use property is located in Northeast DC's Starburst Intersection, near the upcoming RFK Stadium redevelopment. The fully renovated asset, modernized in 2021, offers stable, long-term income. The ground floor is occupied by Daru, an Indian-Nepalese restaurant with a Triple Net lease until 4/1/2031. The restaurant maintains its space, covers 61.5% of property taxes and insurance, and funds trash services. Daru has expanded operations with a covered outdoor dining area and opened a second location nearby. Above the restaurant, the residential penthouse is leased until 5/1/2026. The open-concept loft features wide plank white oak floors, a hexagonal sunroom, JennAir appliances, spa-inspired baths, and two private outdoor terraces. The property underwent a $1M modernization in 2021, including new MEP systems, basement excavation for a commercial kitchen, a top-floor penthouse addition, new windows, a reimagined storefront, and two rooftop decks. Both units pay their own utilities. The property has a bike score of 98, a walk score of 81, and a transit score of 73.
Location Intelligence
Current Use by Public Records
Conventional restaurants
Map
- City
- Washington
- County
- District of Columbia
- State
- District of Columbia
- Longitude
- -76.9838594
- Latitude
- 38.8996462
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Fully renovated mixed-use property with stable income in growing DC area.
Where is this mixed-use property located?
The property is located at 1451 MARYLAND Ave NE Washington, DC.
What is the asking price?
The asking price for this property is $2,349,900.
What are key features of this property?
This property features: Prime location in Northeast DC's rapidly growing Starburst Intersection, near the $3.7 billion RFK Stadium redevelopment project.; **Turn‑key, mixed‑use investment property generating $156,935 in annual NOI with stable, long‑term income.**; **Anchored by Daru, a Michelin Bib Gourmand‑awarded restaurant with a Triple Net lease until 4/1/2031, covering a significant portion of property expenses.**
