Mixed-Use Building with Retail and
For Sale
$1,475,000
4839 Wisconsin NW Ave, Washington, DC 20016
Two-story building offers ground-floor retail and a second-floor dental office deliverable vacant for flexible occupancy.
Property Size3,750 SF
Lot Size0.06 Acres
Price / SF$393.33
Days on Market160
Property Features for 4839 Wisconsin NW Ave
General Information
Standard status
Active
Size
3,750 SF
Total Parking Spaces
3
Lot size
0.06 Acres
Property subtype
Commercial
Zoning
MU-4
Amenities
Lot Size Acres: 0.06
Percentage of Tax that is Deductable: 0
Sale, Sale Type: Foreclosure
Built in 1900
Property Township: WARD 3
Above Area Square Feet: 3750
Building Details
Year Built
1900
Stories
2
Listing Agency:
Northgate Real Estate Group
Listed By:
Greg Corbin · License #10491213060
(917) 406-0406
Source:
Doyle-realty
Added: May 13
Changed: Oct 16
Last Checked: Oct 16 at 9:14AM
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
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Investment Insights
Based on property information with market context.
This two-story mixed-use property is configured with ground-floor retail space and a second-floor dental office built out to be delivered vacant. The building totals 3,750 SF of gross area and sits on a 2,483 SF lot, with 25 feet of frontage along Wisconsin Avenue NW.
The asset is located in the Tenleytown area of Northwest Washington, DC. It includes three off-street parking spaces on-site, and the property is a short walk to the Tenleytown–AU Station on the Red Line, which provides access to Downtown Washington, D.C. in about 20 minutes. Nearby retailers and dining listed include Whole Foods, Target, CVS, Starbucks, Dunkin’, CAVA, Surfside, and Wegmans.
For tenants and owner-operators, the split-use layout supports combinations of street-level retail and professional services. The second floor can be positioned for dental or other office users that benefit from a dedicated, built-out space, while the ground-floor location is already improved for retail occupancy, with the existing retail tenant listed as Tennis Zone Plus.
The asset is located in the Tenleytown area of Northwest Washington, DC. It includes three off-street parking spaces on-site, and the property is a short walk to the Tenleytown–AU Station on the Red Line, which provides access to Downtown Washington, D.C. in about 20 minutes. Nearby retailers and dining listed include Whole Foods, Target, CVS, Starbucks, Dunkin’, CAVA, Surfside, and Wegmans.
For tenants and owner-operators, the split-use layout supports combinations of street-level retail and professional services. The second floor can be positioned for dental or other office users that benefit from a dedicated, built-out space, while the ground-floor location is already improved for retail occupancy, with the existing retail tenant listed as Tennis Zone Plus.
Key Highlights
- 2‑story mixed‑use building at Wisconsin Ave NW in Tenleytown, DC
- 3,750 SF total gross building area on a 2,483 SF lot with 25 ft of frontage
- Ground‑floor retail occupied by Tennis Zone Plus; second‑floor dental office to be delivered vacant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$119,070
Cap Rate
8.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,381,400
$2.4M
Cap Rate 7%
$1,701,000
$1.7M
Cap Rate 9%
$1,323,000
$1.3M
Market Conditions
NOI Build-Up for 3,750 SF
Gross rent
$189.0K $50.40/SF
− Vacancy
−$30.2K −$8.06/SF
EGI
$158.8K $42.34/SF
− OpEx
−$39.7K −$10.58/SF
NOI
$119.1K $31.75/SF
Area
Washington, DC
Vacancy
16.00%
Lease Rate
$50.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,381,400
Cap Rate 7%
$1,701,000
Cap Rate 9%
$1,323,000
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 authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,623
Businesses Nearby
Explore this area
Business Placement
Demographics for 20016, DC
35,068
Population
15,457
Households
2.3
Avg Household Size
37
Median Age
88%
College-Educated
99%
High-School Grad
4.4 sq mi
ZIP Area
7,970
Density / Sq Mi
$179,107
Median Household Income
$104,275
Median Earnings
$2,105
Median Rent
$1,206,200
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?
Mixed-use property - Two-story building offers ground-floor retail and a second-floor dental office deliverable vacant for flexible occupancy.
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 at Wisconsin Ave NW in Tenleytown, DC; 3,750 SF total gross building area on a 2,483 SF lot with 25 ft of frontage; Ground‑floor retail occupied by Tennis Zone Plus; second‑floor dental office to be delivered vacant
