This exceptional mixed-use investment opportunity comprises two contiguous buildings totaling 6,373 square feet situated on three separate lots (APN: 5151-0000-0144, 5151-0000-0145, 5151-0000-0146) in Washington, D.C.'s Deanwood neighborhood (20019). The property, built in 1924 and featuring two stories, benefits from MU-3A zoning, allowing for a wide range of uses. One building offers 2,610 square feet of retail space, while the other, a corner building, encompasses 3,763 square feet, including a retail unit and a second-level space suitable for multifamily or office use. The property boasts approximately $1.7 million in recent capital improvements (2017-2019), including new HVAC, mechanical systems, drywall, and a security system. Significant renovations were completed between 2017 and 2019. The property includes on-site parking for two vehicles. Currently, the occupancy rate is 39%, with one retail unit leased until April 30, 2024. This offering presents a unique chance to acquire a prime mixed-use property in Opportunity and HUB Zones, less than a mile from Deanwood and Minnesota Avenue Metro stations. The asking price is $1,500,000, translating to $235.37 per square foot. The lot size is 6,135 square feet. The property is offered for sale as a whole or individually. Lease options include two two-month extensions.
Highlights
Owner-user or investor opportunity with existing tenant.
$1.7M in recent capital improvements.
Two adjacent buildings on three parcels, available individually or as a portfolio.
MU-3A zoning offers diverse development potential.
Corner lot with potential for two parking spaces.
Less than one mile from Deanwood and Minnesota Avenue Metro stations.
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Contacts
Josh Feldman
Ian Ruel
Ryan Smith
Brandon Cardwell
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4721 Sheriff Rd, Washington, District of Columbia, 20019
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
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4721 Sheriff Rd
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