444 K St Washington, DC 20001
- Retail space
- 2,730 SF
- 0.09 lot acres
Current Use by Public Records
- MONKO Mushrooms - Psilocybin DC / Cannabis Store
- Monko DC / Cannabis Store / Clothing Store
Property Details for 444 K St
- Year built
- 1900
- Construction
- BRICK
- Lot size
- 0.09 lot acres
- Property size
- 2,730 SF
- Zone code
- D-4-R
- Property type
- Retail space
- APN
- 0516 0066
- APU
- 5160066
Description
This stunning, newly constructed (2021) six-story mixed-use building in Washington, DC's Mount Vernon Triangle neighborhood presents a unique investment opportunity. Located at 444 K St NW, 20001, this fee-simple property boasts 13,552 square feet, with 10,535 square feet of net rentable space. The building features seven units, each meticulously designed for co-living, with five bedrooms, two baths, and a kitchen. Individual units are climate-controlled and have separate gas and electric meters. A shared laundry area with four washer/dryer sets adds convenience. The commercial space is currently leased under a five-year NNN lease with a credit-rated tenant. The property sits on a 1,742 square foot lot and is zoned for commercial use. With an asking price of $10,000,000 ($737.90/sq ft and $1,428,571.43 per unit), this property offers exceptional value in a prime location. The building's modern design and desirable location make it an ideal investment for discerning buyers seeking strong rental income and long-term appreciation. This is a multi-tenant property with a strong tenant profile.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Washington
- County
- District Of Columbia
- State
- DC
- Longitude
- -77.0178
- Latitude
- 38.9022
- CBSA code
- 47900
- CBSA name
- WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
