Washington · Commercial sale

Deed Properties buys 438 Massachusetts Ave NW in Washington for $1.49 million

A restaurant at 438 Massachusetts Ave NW, Washington sold for $1,490,500 on October 28, 2026. See the seller and buyer net sheets for this sale.

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Aerial view of 438 Massachusetts Ave NW, Washington with the parcel outlined
Aerial photo: U.S. Geological Survey. Parcel outline: DC Office of Tax and Revenue. The photo can predate the sale.
Sale price
$1,490,500
Sold
October 28, 2026
Property type
Restaurant
Building area
4,005 sq ft
Price per sq ft
$372
Year built
1860

A restaurant at 438 Massachusetts Ave NW in Washington sold for $1,490,500 on October 28, 2026. That is 67% above its last recorded sale, $890,000 in 2005, according to the District of Columbia Office of Tax and Revenue's property sales records.

DC Office of Tax and Revenue records show 4,005 square feet of building area, a build year of 1860 and a 2,085-square-foot lot. The sale price works out to $372 per square foot.

The records show a market value of $1,992,690, 25% above the sale price. They list Deed Properties LLC as the buyer.

This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.

What were the closing costs in District of Columbia?

By our estimate, the seller's two largest charges, not counting prorations, were $21,612.25 for the deed transfer tax and $400 for the settlement / closing fee. Who pays what follows District of Columbia custom.

How much did the seller net?

By our estimate, the seller netted about $1,467,786. That is before any broker commissions and any loan payoff.

How much cash did the buyer bring to closing?

A cash buyer would need about $1,516,842 at closing. That covers the full price and closing costs.

Run this net sheet with your numbers (free)

438 Massachusetts Ave NW, Washington, DC.

Source: DC Office of Tax and Revenue, real property tax roll (ITSPE), document 2026107006. 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.

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