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 in a Triple Net lease until 4/1/2031. 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 until 5/1/2026. 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.
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Listing Snapshot
Price
$2,349,900
Days On Site
131 Days
Bedrooms
2
Inside Area (SqFt)
4,400 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.02 Acres
Year Built
1900
MLS® Number
DCDC2243332
Status
Coming Soon
Property Tax
$29,963
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Estimated
Friends & Family
React
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Recent Activity
3 weeks ago
Listing updated with changes from the MLS®
4 months ago
Listing first seen on site
General Features
Acres
0.02
Number Of Stories
4
Parking
On Street
Property Sub Type
Multi Family
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Above
3150
SqFt Below
1250
SqFt Total
4400
Style
Other
Water Source
Public
Zoning
NMU-4/H-A
Interior Features
Appliances
Electric Water Heater
Cooling
Central AirElectric
Furnished?
All Units
Heating
Natural GasForced Air
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Exterior Features
Construction Details
Brick
Pool Features
None
Community Features
School District
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Schools
School District
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Elementary School
Unknown
Middle School
Unknown
High School
DUNBAR SENIOR
Listing courtesy of TTR Sotheby's International Realty