Mixed-Use Building with Retail
4839 Wisconsin NW Ave Washington, DC 20016
4839 Wisconsin NW Ave, Washington, DC, 20016
$1,475,000
For Sale
$1,475,000
COMMERCIAL - Washington, DC
Property Size3,750 SF
Lot Size0.06 Acres
Price / SF$393.33
Days on Market68
Property Features for 4839 Wisconsin NW Ave
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- Lot size
- 0.06 Acres
Building Details
- Year built
- 1900
Listing Agency
Northgate Real Estate Group
46th Floor 1633 Broadway, New York, DC
Listed by
Greg Corbin
Added: May 13 Checked: Jul 19 at 4:06 am
MLS# 11799405
Copyright © 2026 My State 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.
A two-story mixed-use building with ground-floor retail and a second-floor dental office. The ground level is currently occupied by Tennis Zone Plus, while the second floor is built out as a dental office and is to be delivered vacant. The property totals 3,750 SF gross building area on a 2,483 SF lot, with 25 feet of frontage along Wisconsin Avenue NW. Zoning is MU-4 (Mixed-Use, Moderate Density), and the building includes three off-street parking spaces on-site.
Located in the Tenleytown neighborhood of Northwest Washington, DC, the property is positioned on a prime commercial corridor. Tenleytown-AU Station on the Red Line is a short walk away, providing access to Downtown Washington D.C. in about 20 minutes. The surrounding area includes major retailers and dining options such as Whole Foods, Target, CVS, Starbucks, Dunkin', CAVA, Surfside, and Wegmans.
This configuration suits buyers and operators seeking a mixed-use asset with an income-producing ground-floor retail tenant and an adaptable second-floor medical use delivered vacant for immediate occupancy. On-site parking and retail frontage support everyday customer access, while MU-4 zoning provides a practical framework for continued mixed-use operations.
Located in the Tenleytown neighborhood of Northwest Washington, DC, the property is positioned on a prime commercial corridor. Tenleytown-AU Station on the Red Line is a short walk away, providing access to Downtown Washington D.C. in about 20 minutes. The surrounding area includes major retailers and dining options such as Whole Foods, Target, CVS, Starbucks, Dunkin', CAVA, Surfside, and Wegmans.
This configuration suits buyers and operators seeking a mixed-use asset with an income-producing ground-floor retail tenant and an adaptable second-floor medical use delivered vacant for immediate occupancy. On-site parking and retail frontage support everyday customer access, while MU-4 zoning provides a practical framework for continued mixed-use operations.
Key Highlights
- 2‑story mixed‑use building with 3,750 SF total gross building area on a 2,483 SF lot
- Ground‑floor retail currently occupied by Tennis Zone Plus; second‑floor dental office built out to be delivered vacant
- 25 ft of frontage along Wisconsin Avenue NW in the Tenleytown commercial corridor
Local 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
Property Profile
Location Intelligence
Current Use by Public Records
Medical Office Space
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Two-story building offers ground-floor retail and a deliverable second-floor dental office with on-site parking.
Where is this mixed-use property 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 currently occupied by Tennis Zone Plus; second‑floor dental office built out to be delivered vacant; 25 ft of frontage along Wisconsin Avenue NW in the Tenleytown commercial corridor
