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4407 Lee St NE 3,414 SF Retail Building Washington, DC 20019 For Sale
Investment Highlights
- Historic former religious facility situated on a 0.41-acre corner parcel in the Deanwood neighborhood, offering significant redevelopment potential.
- Flexible zoning and existing open interior layout support a variety of adaptive reuse options, including community, retail, or mixed-use developments.
- Equipped with on-site parking for approximately 15 vehicles, accommodating commercial or institutional uses.
- Located just 0.4 miles from the Deanwood Metro Station, providing excellent access to public transit and connectivity across Washington, DC.
- Beneficial corner frontage with approximately 95 feet along Lee Street enhances visibility and access for future users.
- Designated within an Opportunity Zone, which may offer tax advantages for qualified investments.
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
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
0.41 AC
Opportunity Zone
Yes
Zoning
R-2 - R2 zoning generally indicates a medium-density residential zone, allowing for both single-family and two-family dwellings
Parking
15 Spaces (4.39 Spaces per 1,000 SF Leased)
Frontage
95’ on Lee St
Amenities
- Wheelchair Accessible
Fairly walkable
40/100
Very drivable
80/100
Good public transit
60/100
Moderately bikeable
70/100
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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