Multilevel Retail
For Sale
Contact for pricing
4129 9Th Street NW, Washington, DC 20011
MU-4-zoned commercial space with multiple levels, open areas, bathrooms, and a small kitchen.
Property Size2,399 SF
Price / SF$0.01
Days on Market48
Property Features for 4129 9Th Street NW
General Information
Standard status
Active
Size
2,399 SF
Property subtype
Commercial
Zoning
MU-4
Lease Term
12 Months
Additional Details
Road Access
Yes
Amenities
Hardwood
Electric
Yes
4
No
Public
0.05
Estimated
Other
Building Details
Year Built
1909
Buildings
1
Stories
4
Listing Agency:
Keller Williams Select Realtors of Annapolis
(856) 222-0077
Listed By:
Gary Cook
Source:
Thetristaterealestategroup
Added: Sep 2
Changed: Oct 1
Last Checked: Oct 16 at 6:02AM
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 Keller Williams Select Realtors of Annapolis
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Investment Insights
Based on property information with market context.
This MU-4-zoned retail property offers a multilevel configuration with open-plan areas, separate rooms, a small kitchen, one half bath, and two full baths. The lower level measures 458 square feet, the main level contains 654 square feet, level 2 provides 636 square feet, and the top level includes 344 square feet plus 197 square feet of storage. Hardwood flooring is also present.
The property is located at 4129 9th Street NW in Washington, DC, with frontage toward Georgia Avenue across a small greenspace. Diagonal metered parking is positioned in front of the property, and Yes Organic Market is directly across the street. The site is also near residential customers and commercial offerings along Georgia and Upshur Streets.
The property is located at 4129 9th Street NW in Washington, DC, with frontage toward Georgia Avenue across a small greenspace. Diagonal metered parking is positioned in front of the property, and Yes Organic Market is directly across the street. The site is also near residential customers and commercial offerings along Georgia and Upshur Streets.
Key Highlights
- MU‑4 zoning supports the property’s retail classification
- 458‑square‑foot lower level with open layout, half bath, and natural light
- 654‑square‑foot main level with open‑plan configuration
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,463
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,089,260
$1.1M
Cap Rate 7%
$778,043
$778.0K
Cap Rate 9%
$605,144
$605.1K
Market Conditions
NOI Build-Up for 2,399 SF
Gross rent
$81.5K $33.96/SF
− Vacancy
−$3.7K −$1.53/SF
EGI
$77.8K $32.43/SF
− OpEx
−$23.3K −$9.73/SF
NOI
$54.5K $22.70/SF
Area
ZIP 20011
Vacancy
4.50%
Lease Rate
$33.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,089,260
Cap Rate 7%
$778,043
Cap Rate 9%
$605,144
Alternative Uses
Best Use
Office B
$1.15M
$1.00M – $1.34M
NOI $80,199 @ 7.0% cap · market cap 267,330.00%
Second Best
Retail
$778.0K
$680.8K – $907.7K
NOI $54,463 @ 7.0% cap · market cap 181,543.33%
Theoretical Best
Office A
$1.24M
$1.08M – $1.45M
NOI $86,703 @ 7.0% cap · market cap 289,010.00%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,951
Businesses Nearby
Explore this area
Business Placement
Demographics for 20011, DC
67,815
Population
29,658
Households
2.3
Avg Household Size
37
Median Age
55%
College-Educated
90%
High-School Grad
5.4 sq mi
ZIP Area
12,558
Density / Sq Mi
$108,377
Median Household Income
$69,147
Median Earnings
$1,636
Median Rent
$722,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Washington, DC
Frequently Asked Questions
What type of property is this?
Retail space - MU-4-zoned commercial space with multiple levels, open areas, bathrooms, and a small kitchen.
Where is this retail space located?
The property is located at 4129 9Th Street NW Washington, DC.
What are key features of this property?
This property features: MU‑4 zoning supports the property’s retail classification; 458‑square‑foot lower level with open layout, half bath, and natural light; 654‑square‑foot main level with open‑plan configuration
