2901 Minnesota Avenue SE

Washington, D.C. 20019

Offering Memorandum

The Offering

Summary

  • List Price $2,750,000
  • Gross Building Area 7,188 SF
  • Lot Size 18,815 SF
  • Zoning MU-3A
  • Product Type Retail/Land for Development
  • Most Recent Use Auto Parts Retail
  • Parking Approximately 15 On-Site Spaces

Investment Summary

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.

Investment 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

Listing Agents

Ian Ruel

Ian Ruel

Managing Principal
Direct: (202) 318-6844
Josh Feldman

Josh Feldman

Managing Principal
Direct: (202) 318-6833
Ryan Smith

Ryan Smith

Associate Director
Direct: (202) 318-6808