Lincoln Property Company is pleased to announce the sale of 1539 7th Street, N.W. in Washington’s Shaw District, for $852,000. Merrill Turnbull and Adam Biberaj of Lincoln Property Company represented the seller, 1539 7th Street LLC, in the sale of the property to Fundrise 1539 7th Street LLC.
The 3,770-sq. ft. retail building was vacant at closing. It is located across from the O Street Market Redevelopment and just south of the Shaw Metro station. “The 7th street corridor is witnessing a tremendous amount of new investments and Fundrise’s purchase of this building only adds to the excitement,” Biberaj says.