4719-4721 Sheriff Road NE & 930 47th Place NE
Washington, D.C. 20019
The Offering
Summary
- List Price $1,500,000
- Combined GBA 6,373 SF
- MU-3A Zoning
- Deanwood Neighborhood
- Product Type - 4719 Retail
- Product Type - 4721 & 930 Mixed-Use
- Year Built 1924
- Occupancy 39%
- Combined Lot Size 6,135 SF
- Combined Street Frontage 64'05"
Investment Summary
Feldman Ruel is pleased to present 4719-4721 Sheriff Road NE & 930 47th Place NE in the Deanwood neighborhood of Washington, D.C. The two retail properties may be purchased together or separately. 4719 Sheriff Road NE is a one-level, 2,610-square-foot retail building. 4721 Sheriff Road NE, a retail unit leased until the end of August 2024, and 930 47th Place NE, a second-level unit suitable for multifamily or office use, make up a two-level, 3,763-square-foot, corner building. 4721 Sheriff Road NE is leased until August 31, 2024 by SK Quality Services-US CORP., a medical cannabis dispensary. 4719 Sheriff Road NE and 930 47th Place NE are both ideal for a user or investor with a tenant in hand as each space will be delivered vacant at closing. A new owner has the flexibility to immediately lease or occupy any combination of the two units across both properties in order to generate revenue as a landlord or occupy for their own business. 4719 Sheriff Road NE offers on-site parking for two vehicles at the rear of the lot, accessible via the public alley along 47th Place NE and 47th Street NE. 4721 Sheriff Road NE & 940 47th Place NE were renovated between 2017-2019 and features new HVAC, mechanicals, drywall, security system, and other improvements. This offering represents an opportunity to acquire two contiguous retail properties on a corner in both Opportunity and HUB Zones.