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Kennedy Street Redevelopment Opportunity

825 KENNEDY St NW, Washington, DC 20011

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For Sale

$1,300,000

Two properties in high-growth area with redevelopment potential.

Type:Commercial

Property size:

4,494 SF

Lot size:

0.11 Acres

Price / SF:

$289/SF

HighLights

High‑growth area undergoing active redevelopment with multifamily conversions.
Excellent opportunity for renovation, repositioning, or multifamily conversion.
Combined square footage of 4494 sqft on .11 acres.
Very Walkable (walkScore: 83).
Both buildings included in sale (825 and 823 Kennedy St NW).
One‑story buildings with tall 10‑foot ceilings and new air conditioning unit.

We can help!

Listing Contact

Zina Dixon

Learn more

For Sale

$1,300,000

Two properties in high-growth area with redevelopment potential.

Type:Commercial

Property size:

4,494 SF

Lot size:

0.11 Acres

Price / SF:

$289/SF

Added:: Apr 24, 2026
Days on Market:: 49
Last Refresh:: Apr 24 at 3:33 pm

Property Features for 825 KENNEDY St NW

General Information

Standard status: Active
Size: 4,494 SF
Lot size: 0.11 Acres
Property subtype: Commercial

Building Details

Year Built: 1923

We can help!

Listing Contact

Zina Dixon

Listing agent Zina Dixon License #640980

Listing office Keller Williams Preferred Properties

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 Keller Williams Preferred Properties

HighLights

High‑growth area undergoing active redevelopment with multifamily conversions.
Excellent opportunity for renovation, repositioning, or multifamily conversion.
Combined square footage of 4494 sqft on .11 acres.
Very Walkable (walkScore: 83).
Both buildings included in sale (825 and 823 Kennedy St NW).
One‑story buildings with tall 10‑foot ceilings and new air conditioning unit.

Overview

Located in the Petworth area of Washington, DC, 825 and 823 Kennedy St NW are being offered for sale together. Situated in a high-growth area undergoing active redevelopment, these properties are surrounded by new investment activity, including conversions to multifamily housing. The location attracts developers and investors looking to maximize value through strategic improvements. The combined square footage of both one-story buildings totals 4494 sqft on .11 acres. The buildings feature tall 10-foot ceilings and a new air conditioning unit. This presents an excellent opportunity for buyers seeking to renovate, reposition, or explore multi-use options such as multifamily potential, while benefiting from the neighborhood's continued evolution and increasing demand. The area is supported by ongoing private and public investment. The bike score is 72, indicating it is very bikeable. The walk score is 83, indicating it is very walkable. The transit score is 67, indicating good transit. Buyers are advised to verify zoning and development potential.

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$138.1k	$30.72
− Vacancy	−$8.0k	−$1.78
EGI	$130.0k	$28.94
− OpEx	−$58.5k	−$13.02
NOI	$71.5k	$15.92

4,494 SF · lease $30.72/SF/yr · vacancy 5.80% · expense 45.00%

Alternative Uses

Best Use

Apartment 5plus

$1.02M

$894.1K – $1.19M (±1% cap)

NOI $71,527 @ 7.0% cap · market cap 5.50%

Second Best

—

no second resolved use

Theoretical Best

Office A

$2.32M

$2.03M – $2.71M (±1% cap)

NOI $162,418 @ 7.0% cap · market cap 12.49%

Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Current Use by Public Records

Commercial land

Map

City: Washington
County: District of Columbia
State: District of Columbia
Longitude: -77.0251678
Latitude: 38.9565433

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For sale
Commercial land
DC
Washington
20011
825 KENNEDY St NW

What type of property is this?

Commercial land - Two properties in high-growth area with redevelopment potential.

Where is this commercial land located?

The property is located at 825 KENNEDY St NW Washington, DC.

What is the asking price?

The asking price for this property is $1,300,000.

What are key features of this property?

This property features: High‑growth area undergoing active redevelopment with multifamily conversions.; Excellent opportunity for renovation, repositioning, or multifamily conversion.; Combined square footage of 4494 sqft on .11 acres.