Back to Search
Historic Mount Rainier Retail Opportunity

4007 34th Street Mount Rainier, MD 20712

4007 34th Street, Mount Rainier, MD, 20712
Contact for pricing
For Sale
Claim this Listing
Contact for pricing

Retail space in thriving Gateway Arts District, near Washington, DC.

Property Size1,300 SF
Price / SF$326.92
AddedMay 26
Days on Market52
Last RefreshJul 15 at 1:38 pm

Property Features for 4007 34th Street

General Information

Standard status
Active
Size
1,300 SF
Property subtype
Retail

Building Details

Year Built
1915

Listing office Samson Properties

Listing date May 26, 2026

Source Crexi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Samson Properties


Investment Insights

Based on property information with market context.

Located in the heart of Historic Mount Rainier, this retail property offers a prime opportunity in the thriving Gateway Arts District. The 1915 all-brick building features 1,300 square feet of open retail space characterized by 12-foot tin ceilings, large windows, and abundant natural light. An additional 1,300 square foot basement with high ceilings provides potential for expanded use. The property benefits from its proximity to GLUT Cooperative, Joe's Movement Emporium, Pennyroyal Station, and Red Dirt Studios, contributing to the area's growing appeal for restaurants, arts, and shopping. The property includes gas radiator heat, central A/C, and a security system. Easy street parking is available. Equipment and display fixtures are negotiable. The LMITC zoning allows a wide variety of business uses. Historic Tax Credits may apply for qualifying renovations. This location is an ideal opportunity to expand your business in a nationally recognized arts district bordering Washington, DC. Seller may consider financing for qualified buyers. Maryland small business incentive programs may also be available.

Key Highlights

  • Prime retail location in the heart of the thriving Gateway Arts District.
  • 1,300 SF of open retail space with 12‑ft tin ceilings, large windows, and abundant natural light.
  • Additional 1,300 SF basement with high ceilings for expanded use.

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 (±1% cap)
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 (±1% cap)
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 Perfume Store Appliance Care Mt ... Home Appliance Store

Suggested Use

Law Firm Dental Office Accounting Firm Skin Care Clinic Daycare Center Carpet & Flooring Store Real Estate Agency Acupuncture Florist (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

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 - Retail space in thriving Gateway Arts District, near Washington, DC.
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 retail location in the heart of the thriving Gateway Arts District.; 1,300 SF of open retail space with **12‑ft tin ceilings, large windows, and abundant natural light.**; Additional 1,300 SF basement with high ceilings for expanded use.
Contact an agent
(202) 270-7253 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message