For Sale
$1,500,000

4721 Sheriff RdWashington, DC 20019

Two Retail Buildings, 6,373 SF

Overview

Added:
Dec 11, 2024
Days on market:
117
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.

Property Details for 4721 Sheriff Rd

Property type
Mixed-use properties
Square Feet
6,373 SF
Year Built
1924
Stories
2

Location Insight

City
Washington
County
District Of Columbia
State
District of Columbia
Latitude
38.902836810905
Longitude
-76.934724345241
4721 Sheriff Rd, Washington, District of Columbia

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4721 Sheriff Rd
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