For Sale
$10,000,000

444 K StWashington, DC 20001

7-Unit Mixed-Use Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
119
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.

Highlights

  • $10,000,000 asking price for this fee simple mixed-use property.
  • Located at 444 K St NW, Washington, DC 20001, this six-story building offers 13,552 square feet.
  • The property features 10,535 square feet of net rentable space, with a price per square foot of $737.90.
  • Seven units are included, with a price per unit of $1,428,571.43.
  • Built in 2021, the property is zoned commercial and sits on a 1,742 square foot lot.
  • The property includes six 5-bedroom, 2-bathroom residential units, designed for co-living, each with individual utilities.

Property Details for 444 K St

Property type
Retail properties, Mixed-use properties
Square Feet
13,552 SF
Year Built
2021
Stories
6
Units
7

Location Insight

City
Washington
County
District Of Columbia
State
District of Columbia
Latitude
38.902065674974
Longitude
-77.018928917566
444 K St, Washington, District of Columbia

FAQs

What type of property is this?
Retail property - 7-Unit Mixed-Use Investment Opportunity
Where is the retail property located?
The property is located at 444 K St Washington, DC.
What is the asking price?
The asking price for this property is $10,000,000.
What are key features of this property?
This property features: $10,000,000 asking price for this fee simple mixed-use property.; Located at 444 K St NW, Washington, DC 20001, this six-story building offers 13,552 square feet.; The property features 10,535 square feet of net rentable space, with a price per square foot of $737.90.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
444 K St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message