1451 MARYLAND AVENUE NE
WASHINGTON, DC

$2,349,900

1451 MARYLAND AVENUE NE
WASHINGTON, DC

$2,349,900

An exceptional turn-key, mixed-use investment opportunity in Northeast DC's rapidly growing Starburst Intersection, just minutes from the newly approved $3.7 billion RFK Stadium redevelopment that will transform the area with a new stadium, retail, housing, and expansive green space. Situated on a prominent corner lot, this fully renovated 2021 asset offers stable, long-term income with minimal owner expenses, generating $156,935 in annual NOI. With meticulously maintained spaces, built-in rental escalations, and high-caliber tenants in place, this property presents a rare opportunity for investors seeking both immediate cash flow and long-term appreciation.

Anchoring the ground floor is Daru, a Michelin Bib Gourmand-awarded Indian-Nepalese restaurant, celebrated for its innovative cuisine and strong local following. Daru is three years into a 10-year NNN lease at $10,114.93/month, with a 3.5% annual rent escalation (April 1st). The restaurant fully maintains its space, covers 61.5% of property taxes and insurance, and funds trash services. Recognizing their success, Daru expanded operations by adding a covered outdoor dining area last year and has recently opened a second location down the street.

Above, the luxurious residential penthouse is leased at $4,088/month until 5/1/2026 (tenants are highly interested in renewing). Designed for modern urban living, this open-concept loft showcases wide plank white oak floors, a striking hexagonal sunroom, high-end JennAir appliances, spa-inspired baths, and two private outdoor terraces.

The property underwent a comprehensive $1M modernization in 2021, including all new MEP systems, full basement excavation to accommodate a commercial kitchen, a top-floor penthouse addition, new windows, a reimagined storefront, enhanced entryways, and the creation of two rooftop decks. With both units paying their own utilities, minimal maintenance requirements, and a high-quality NNN tenant ensuring predictable income growth, this is a truly hands-off, low-risk investment in one of Washington, DC's most dynamic and evolving neighborhoods.

4,371 Sq.Ft. LIVING AREA

1,057 Sq.Ft. lot

Daniel Heider

Daniel Heider

Thanasi  Anagnostopoulos

Thanasi Anagnostopoulos

Features & Amenities

Interior

  • APPLIANCES Electric Water Heater

Area & Lot

  • Status Coming Soon
  • Living Area4,371 Sq.Ft.
  • Total Area4,371 Sq.Ft.
  • Lot Area1,057 Sq.Ft.
  • MLS® IDDCDC2243318
  • TypeCommercial
  • YEAR BUILT1900
  • NeighborhoodWashington, DC
  • High SchoolDUNBAR SENIOR
  • School DistrictDISTRICT OF COLUMBIA PUBLIC SCHOOLS

Exterior

  • STORIES4
  • water SourcePublic
  • parkingOn Street
  • HEAT TYPENatural Gas, Forced Air
  • AIR CONDITIONINGCentral Air, Electric
  • sewerPublic Sewer

Financial

  • Sales Price$2,349,900
  • Real Estate Tax $29,963/yr
  • Maintenance Fee $1,500/mo
  • Zoning NMU-4/H-A

Washington, DC

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