For Sale
$2,750,000

2901 Minnesota Ave Washington, DC 20019

7,188 SF, Vacant, Owner-User Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 7,188-square-foot building, situated on a sizable 18,815-square-foot lot in Washington, D.C.'s Hillcrest neighborhood, presents a unique owner-user opportunity. Currently vacant and available for immediate occupancy on February 1, 2025, this single-story, 1941-constructed building previously housed a highly successful auto parts retail business with annual sales exceeding $7 million. The property features 14-foot ceilings and ample on-site parking (15 spaces). Its convenient location provides immediate access to I-295, and proximity to Pennsylvania Avenue SE and Benning Road NE. The property is zoned MU-3A, allowing for a variety of uses including retail, office, medical, childcare, and educational facilities. Furthermore, there's potential for future upzoning to MU-4 through a map amendment or Planned Unit Development process, offering significant long-term value. The property's location within designated HUB and Opportunity Zones adds further investment appeal. This is a rare chance to acquire a substantial property in a thriving area with diverse development possibilities. The asking price is $2,750,000. The property includes one building with a single unit. The parcel number is 5507-0000-0803.

Highlights

  • Owner-user opportunity; delivered vacant at closing.
  • High-volume former auto parts store (>$7M annual sales).
  • MU-3A zoning permits diverse uses including retail, office, medical, and more.
  • Potential for MU-4 upzoning via map amendment or PUD.
  • Situated in HUB and Opportunity Zones.
  • Excellent access to I-295, Pennsylvania Avenue SE, and Benning Road NE.

Property Details for 2901 Minnesota Ave

Property type
Retail properties, Land
Square Feet
7,188 SF
Year Built
1941
Buildings
1
Stories
1
Units
1

Location Insight

City
Washington
County
District Of Columbia
State
District of Columbia
Latitude
38.875941738935
Longitude
-76.965715811855

FAQs

What type of property is this?
Retail property - 7,188 SF, Vacant, Owner-User Opportunity
Where is the retail property located?
The property is located at 2901 Minnesota Ave Washington, DC.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: Owner-user opportunity; delivered vacant at closing.; High-volume former auto parts store (>$7M annual sales).; MU-3A zoning permits diverse uses including retail, office, medical, and more.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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2901 Minnesota Ave
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