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4407 Lee St NE 3,414 SF Retail Building Washington, DC 20019 $1,900,000 ($556.53/SF)
EXECUTIVE SUMMARY
Historic former religious facility nestled in the heart of Deanwood, this expansive commercial building offers a rare blank canvas brimming with potential. Built in 1987 and now vacant, the property sits prominently on a .41-acre corner parcel with commercial zoning, situated just 0.4 miles (˜9-minute walk) from Deanwood Metro Station.
Key Highlights
Versatile Use Potential: Ideal for redevelopment—whether spiritual, community-focused, office, retail, or mixed-use projects—within one of NE DC’s emerging submarkets
Strategic Location: Close proximity to public transit (Deanwood & Minnesota Ave Metro), major commuter routes, and active redevelopment within a half-mile radius
Off-Street Parking: On-street parking for ~15 vehicles supports community or commercial use.
Opportunity Snapshot
Redevelopment Gateway: Leverage comprehensive corner access to create a multi-tenant complex or specialized community venue.
Adaptive Reuse Ready: Existing wide-open interior spaces accommodate everything from lecture halls to open-plan offices.
Transit-Oriented Potential: Metro-adjacent placement amplifies foot-traffic appeal for commercial concepts or shared spaces.
Key Highlights
Versatile Use Potential: Ideal for redevelopment—whether spiritual, community-focused, office, retail, or mixed-use projects—within one of NE DC’s emerging submarkets
Strategic Location: Close proximity to public transit (Deanwood & Minnesota Ave Metro), major commuter routes, and active redevelopment within a half-mile radius
Off-Street Parking: On-street parking for ~15 vehicles supports community or commercial use.
Opportunity Snapshot
Redevelopment Gateway: Leverage comprehensive corner access to create a multi-tenant complex or specialized community venue.
Adaptive Reuse Ready: Existing wide-open interior spaces accommodate everything from lecture halls to open-plan offices.
Transit-Oriented Potential: Metro-adjacent placement amplifies foot-traffic appeal for commercial concepts or shared spaces.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,414 SF
Building Class
C
Year Built
1987
Price
$1,900,000
Price Per SF
$556.53
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
0.41 AC
Opportunity Zone
Yes
Zoning
R-2
Parking
15 Spaces (4.39 Spaces per 1,000 SF Leased)
Frontage
95’ on Lee St
Transit Score®
Excellent Transit (71)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 5157-0073 | Improvements Assessment | $1,182,990 |
| Land Assessment | $725,390 | Total Assessment | $1,908,380 |
PROPERTY TAXES
Parcel Number
5157-0073
Land Assessment
$725,390
Improvements Assessment
$1,182,990
Total Assessment
$1,908,380
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4407 Lee St NE
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