DC > Washington
Washington, DC 20002,1451 MARYLAND AVE NE
Washington, DC 20002,1451 MARYLAND AVE NE
Washington, DC 20002,1451 MARYLAND AVE NE
Washington, DC 20002,1451 MARYLAND AVE NE
Washington, DC 20002,1451 MARYLAND AVE NE
Washington, DC 20002,1451 MARYLAND AVE NE
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National Harbor Homes

National Harbor Homes

+1(301) 340-1533
Listed by Daniel M Heider • TTR Sotheby's International Realty
$ 2,400,000
Est. payment | /mo

1,057 Sqft Lot

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$ 2,400,000
Est. payment | /mo
Save Virtual Tour

1,057 Sqft Lot

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID DCDC2175008

Year Built 1900

Available Date 2025-03-21

Annual Tax Amount $26,516

Tax Year 2024

Lot Size 1,057 Sqft

Acres 0.02

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

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 $151,600 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 $9,670/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.

Location

State DC

County Washington

Zoning NMU-4/H-A

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Heat Source Natural Gas

Exterior

Water Access N

Accessibility 2+ Access Exits, Level Entry - Main

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

High Schools Dunbar Senior

School District District Of Columbia Public Schools

Others

Tax ID 1050//0014

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

Virtual Tour https://vimeo.com/1098203943?share=copy#t=0

Bright MLS (BMLS)
National Harbor Homes

+1(301) 340-1533

nationalharborhomes@gmail.com

4550 CRAIN HIGHWAY SUITE 100

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