2901 Minnesota Ave SE - Freestanding FOR SALE


Washington, DC 20019- Anacostia
$2,750,000 USD
202-318-6800
2901 Minnesota Ave SE, Washington, DC for Sale
$2,750,000 USD
Freestanding - FOR SALE
1/10
null | Request Cap Rate

2901 Minnesota Ave SE
Washington, DC 20019
Anacostia


HIGHLIGHTS

  • • Ideal for an Owner-User | Delivered 100% Vacant at Closing
  • • Formerly a Highly Successful Retail Auto Parts Location | Annual Sales Volume Exceeding $7M
  • • MU-3A Zoning Allows for Retail, Office, Medical, Childcare, Education, & Many Other Uses
  • • Potential to Upzone to MU-4 Through the Map Amendment or PUD Process
  • • Located in HUB and Opportunity Zones
  • • Immediate Access to 1-295 | Proximate to Pennsylvania Avenue SE & Benning Road NE

OVERVIEW

Feldman Ruel is pleased to present 2901 Minnesota Ave SE, a 7,188-square-foot, slab-on-grade building situated on an 18,815-square-foot lot occupying an entire city block in the Hillcrest neighborhood of Washington, D.C. The subject property, historically used as a highly successful auto parts retail location, will be delivered vacant at closing, making the opportunity ideal for an owner-user. The building boasts 14’ ceilings, plenty of on-site parking, and immediate access to I-295. In addition, 2901 Minnesota Ave SE may have future upzoning potential from its current MU-3A zoning designation (1.0 FAR + IZ & penthouse bonuses) to an MU-4 zoning designation (2.5 FAR + IZ & penthouse bonuses) through a map amendment or Planned Unit Development process.

FOR SALE DETAILS

PRICE

$2,750,000 USD

PRICE/SF

$337 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1941

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,814 SF

ZONING

MU-3A

APN/PARCEL ID

5507-0803

ASK ABOUT THIS PROPERTY

Ian RuelFeldman RuelMore Info
202-318-6800

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Ian RuelFeldman RuelMore Info
202-318-6800

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.