Historic Mount Rainier Commercial
4007 34TH Street Mount Rainier, MD 20712
4007 34TH Street, Mount Rainier, MD, 20712
$425,000
For Sale
$425,000
Commercial Sale - MOUNT RAINIER, MD
Property Size1,300 SF
Lot Size0.04 Acres
Price / SF$326.92
Days on Market90
Property Features for 4007 34TH Street
General Information
- Property type
- Other
- Property subtype
- Retail
- Parking features
- On Street
- Standard status
- Active
- Size
- 1,300 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Annual Amount
- 5775
Utilities
- Heating system
- Radiant
- Cooling system
- Central Air
Building Details
- Year built
- 1915
- Number of units
- 1
- Building materials
- Brick
Listing agency
Samson Properties
(301) 755-5613
Listed by
David L Maplesden · License #90067
(202) 270-7253
Added: Apr 24 Updated: Jun 9 at 11:45AM Checked: Jul 22 at 7:06AM
MLS# MDPG2200496
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located in the heart of historic Mount Rainier, this commercial property offers high visibility in the City Center. The solid, all-brick building, constructed in 1915, features an open floor plan with 1300 square feet on the ground level, according to public records. The space benefits from 12-foot high tin ceilings and large windows that provide ample natural light. An additional 1300 square feet in the basement, also per public record, offers further potential. The property includes gas radiator heating and electric central air conditioning, along with a security system and gate/bars. Easy street parking is available in front of the building. Situated in the Arts District with LMUTC zoning, the property allows for a wide range of potential uses. A Historic Tax Credit may be available for certain renovations. The location is within close proximity to the GLUT cooperative, Joe's Movement Emporium, Pennyroyal Station Restaurant, and Red Dirt Studios. Mount Rainier is a destination with new restaurants and stores nearby, in the nationally recognized Gateway Arts District. Several Maryland State initiative small business credit programs are potentially available for this property, including Neighborhood Business Works, the Maryland Small Business Development Financing Authority, and the TEDCO Program for technology-based Maryland businesses and entrepreneurs.
Key Highlights
- Prime location in the center of Historic Mount Rainier's Arts District with high visibility.
- LMUTC zoning allows for a wide range of potential business uses.
- Solid all‑brick building with 2600 total sq ft: 1300 sq ft on the main level with 12‑foot tin ceilings and 1300 sq ft basement with high ceilings.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $44.1k | $33.96 |
| − Vacancy | −$2.4k | −$1.87 |
| EGI | $41.7k | $32.09 |
| − OpEx | −$12.5k | −$9.63 |
| NOI | $29.2k | $22.46 |
1,300 SF · lease $33.96/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$417.2K
$365.1K – $486.7K
NOI $29,204 @ 7.0% cap · market cap 6.87%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$419.4K
$367.0K – $489.3K
NOI $29,356 @ 7.0% cap · market cap 6.91%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Nisey's
Clothing Store
Appliance Care Mt ...
Home Appliance Store
Similar For Sale Nearby
Similar Off Market Nearby
- Petals To The Metal Florist LLC — 2316 Rhode Island Ave NE, Washington, DC 20018
FAQs
What type of property is this?
Storefront property - Commercial building in the Gateway Arts District with high visibility.
Where is this storefront property located?
The property is located at 4007 34TH Street Mount Rainier, MD.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Prime location in the center of Historic Mount Rainier's Arts District with high visibility.; LMUTC zoning allows for a wide range of potential business uses.; Solid all‑brick building with **2600 total sq ft**: 1300 sq ft on the main level with **12‑foot tin ceilings** and 1300 sq ft basement with high ceilings.
