Mixed-Use Building with
4839 Wisconsin NW Ave Washington, DC 20016
For Sale
$1,475,000
Two-story mixed-use building with ground-floor retail and second-floor dental office space on-site parking.
Property Size3,750 SF
Lot Size0.06 Acres
Price / SF$393.33
Days on Market73
Property Features for 4839 Wisconsin NW Ave
General Information
- Standard status
- Active
- Size
- 3,750 SF
- Lot size
- 0.06 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1900
Listing Agency:
Northgate Real Estate Group
(917) 406-0406
Listed By:
Greg Corbin · License #40CO1129253
Source:
Doyle-realty
Added: May 13
Changed: Jul 23
Last Checked: Jul 24 at 1:08PM
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 Northgate Real Estate Group
Investment Insights
Based on property information with market context.
This two-story mixed-use building includes ground-floor retail currently occupied by Tennis Zone Plus, with the second floor built out as a dental office and planned to be delivered vacant. The property totals 3,750 square feet of gross building area and is situated on a 2,483 square foot lot, with approximately 25 feet of frontage along Wisconsin Avenue NW.
The building is zoned MU-4 (Mixed-Use, Moderate Density) and offers three off-street parking spaces on-site. It is located in the Tenleytown neighborhood of Northwest Washington, DC, with pedestrian access to the Tenleytown-AU Station (Red Line), providing a route to Downtown Washington, D.C. in about 20 minutes.
Surrounding amenities include Whole Foods, Target, CVS, Starbucks, Dunkin', CAVA, Surfside, and Wegmans.
The building is zoned MU-4 (Mixed-Use, Moderate Density) and offers three off-street parking spaces on-site. It is located in the Tenleytown neighborhood of Northwest Washington, DC, with pedestrian access to the Tenleytown-AU Station (Red Line), providing a route to Downtown Washington, D.C. in about 20 minutes.
Surrounding amenities include Whole Foods, Target, CVS, Starbucks, Dunkin', CAVA, Surfside, and Wegmans.
Key Highlights
- 2‑story mixed‑use building with 3,750 SF total gross building area on a 2,483 SF lot
- Ground‑floor retail is currently occupied by Tennis Zone Plus; second floor is built out as a dental office to be delivered vacant
- 25 ft of frontage along Wisconsin Avenue NW in the Tenleytown neighborhood commercial corridor
Financial Insights For Office B
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 | $189.0k | $50.40 |
| − Vacancy | −$30.2k | −$8.06 |
| EGI | $158.8k | $42.34 |
| − OpEx | −$39.7k | −$10.58 |
| NOI | $119.1k | $31.75 |
3,750 SF · lease $50.40/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.70M
$1.49M – $1.98M
NOI $119,070 @ 7.0% cap · market cap 8.07%
Second Best
Healthcare Medical
$993.6K
$869.4K – $1.16M
NOI $69,552 @ 7.0% cap · market cap 4.72%
Theoretical Best
Office A
$1.93M
$1.69M – $2.25M
NOI $135,022 @ 7.0% cap · market cap 9.15%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Tennis Zone Plus
Tennis Store
Grace Jones-Eubank
Dental Office
Dr. Neil Bayley
Dental Office
Williams Aldred V ...
Dental Office
Evenly Orthodontics
Dental Office
Similar Off Market Nearby
- Armour Veterinary Ophthalmology — 4105 Brandywine St NW, Washington, DC 20016
- Friendship Hospital For Animals — 4105 Brandywine St NW, Washington, DC 20016
FAQs
What type of property is this?
Medical Office Space - Two-story mixed-use building with ground-floor retail and second-floor dental office space on-site parking.
Where is this medical office space located?
The property is located at 4839 Wisconsin NW Ave Washington, DC.
What is the asking price?
The asking price for this property is $1,475,000.
What are key features of this property?
This property features: 2‑story mixed‑use building with 3,750 SF total gross building area on a 2,483 SF lot; Ground‑floor retail is currently occupied by Tennis Zone Plus; second floor is built out as a dental office to be delivered vacant; 25 ft of frontage along Wisconsin Avenue NW in the Tenleytown neighborhood commercial corridor
