Turn-Key Mixed-Use Investment
1451 MARYLAND Ave NE Washington, DC 20002
For Sale
$2,349,900
Pending
Fully renovated mixed-use property with stable income in growing DC area.
Days on Market98
Property Features for 1451 MARYLAND Ave NE
General Information
Standard status
Pending
Property subtype
Investment
Building Details
Year Built
1900
Listing Agency:
TTR SOTHEBY'S INTERNATIONAL REALTY
(202) 938-3685
Listed By:
Daniel M Heider · License #DCSP98373256
(202) 938-3685
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 29 at 11:59AM
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
Investment Insights
Based on property information with market context.
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.
Key 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.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
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.**
