Washington · Commercial sale
Petroleum Marketing Investment Group buys 1442 U St NW in Washington for $7 million
A service station at 1442 U St NW, Washington sold for $7,000,000 on August 21, 2026. See the seller and buyer net sheets for this sale.
- Sale price
- $7,000,000
- Sold
- August 21, 2026
- Property type
- Service station
- Building area
- 160 sq ft
- Year built
- 1977
A service station at 1442 U St NW in Washington sold for $7,000,000 on August 21, 2026, according to the District of Columbia Office of Tax and Revenue's property sales records. The sale price is 16% below the market value of $8,353,990 on record.
Petroleum Marketing Investment Group, LLC purchased the property, which the deed conveys as 2 parcels with 1442 U St NW as the largest one identified.
The DC Office of Tax and Revenue's records show 160 square feet of building area on a 19,017-square-foot lot. The building dates to 1977.
What this sale costs to close
What does closing cost at this price? Under District of Columbia custom the seller's larger charges are $101,500 for the deed transfer tax and $400 for the settlement / closing fee. The seller's estimated net is $6,862,523 before brokerage commissions and any loan payoff. A cash buyer would need about $7,085,128 at closing.
Source: DC Office of Tax and Revenue, real property tax roll (ITSPE), document 2026083711. Property details: DC Office of Tax and Revenue. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
