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5004 1st St NW 13,086 SF Retail Building Washington, DC 20011 $3,073,000 ($234.83/SF)
Investment Highlights
- • At a Signalized Intersection with Strong Visibility along a Highly Trafficked Corridor
- • Ample On-Site Parking Conveniently Located Fronting New Hampshire Avenue NW
- • Located in a Historically Underutilized Business Zone (HUBZone)
- • Owner-User Optionality | Commercial Space Can be Delivered Vacant at Closing
- • MU-3A Zoning Allows for Wide Range of Uses Including Retail, Office, & Multifamily
Executive Summary
Feldman Ruel is pleased to offer for sale 5001-5005 New Hampshire Avenue NW, an excellent opportunity for an investor or owner-user, available on a compelling price-per-square-foot basis. New Hampshire Medical Supply currently occupies 100% of the commercial space, which is comprised of the sublevel and first level along with the majority of the second level. This tenant is expected to vacate by year-end 2026. The remainder of the second level is a tenanted, three-bedroom/two-bathroom multifamily unit. All leases are below market. The subject property is situated at multiple hard corners, one of which (New Hampshire Avenue NW & Farragut Street NW) provides a signalized intersection and excellent visibility along a highly trafficked corridor. 5001-5005 New Hampshire Avenue NW also provides 17 on-site parking spaces, including two ADA spaces, positioned directly in front of the buildings for maximum customer convenience, a scarce amenity in the Washington, D.C. market. Flexible MU-3A zoning allows a wide range of by-right uses, including retail, office, multifamily, hospitality and others.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Drug Store
Building Size
13,086 SF
Building Class
C
Year Built
1937
Price
$3,073,000
Price Per SF
$234.83
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.80
Lot Size
0.17 AC
Zoning
MU-3, RA-1
Parking
17 Spaces (1.3 Spaces per 1,000 SF Leased)
Amenities
- Signalized Intersection
Walk Score®
Very Walkable (70)
Transit Score®
Excellent Transit (73)
Bike Score®
Very Bikeable (73)
Nearby Major Retailers
Property Taxes
| Parcel Number | 3403-0011 | Improvements Assessment | $266,320 (2025) |
| Land Assessment | $233,510 (2025) | Total Assessment | $499,830 (2025) |
Property Taxes
Parcel Number
3403-0011
Land Assessment
$233,510 (2025)
Improvements Assessment
$266,320 (2025)
Total Assessment
$499,830 (2025)
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5004 1st St NW
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