1,057 Sqft Lot
1,057 Sqft Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID DCDC2243318
Year Built 1900
Available Date 2026-01-30
Annual Tax Amount $29,963
Tax Year 2025
Lot Size 1,057 Sqft
Acres 0.02
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
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 a 10-year Triple Net lease until 4/1/2031 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 currently leased at an under-market-value rate of $4,088/month until 5/1/2026 (currently listed for rent at $5,500). 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
Special Listing Condition Standard
Virtual Tour https://vimeo.com/1098203943?share=copy#t=0
Nearby Locations
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