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Investment Highlights

  • Immediate access to I-295, Proximate to Pennsylvania Avenue SE & 1.8 mile from Minnesota Avenue Metro Station
  • Zoned MU-3A tons of potential - may have future up zoning to MU-4

Executive Summary

Fortune Realty is pleased to exclusively present 2900-2924 Minnesota Avenue SE, on a 0.45 Acre Lot 9,200 SF occupying an entire city block. 2 contiguous building across 2 legal lots, 222 feet of street frontage, plenty of parking at the alley behind & side of building area. Nine (9) multi-tenant, a new owner has the flexibility to collect income from the leased portions while simultaneously occupying the remaining space to create additional upside. Located in HUB and Opportunity Zones, MU-3A Zoning allows for retail, medical and childcare. 2900 Minnesota Avenue SE may have future up zoning potential from its current MU-3A zoning designation (1.0 FAR + IZ / Affordable housing) to an MU-4 zoning designation (2.5 FAR + IZ / Affordable housing) through the map amendment or PUD process.

Data Room Click Here to Access

Property Facts

Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront
Building Size
9,200 SF
Building Class
C
Year Built
1948
Price
$3,000,000
Price Per SF
$326.09
Cap Rate
6.70%
NOI
$201,009
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.96
Lot Size
0.22 AC
Opportunity Zone
Yes
Zoning
MU-3A - MU-3A Intended to permit low-density mixed-use development; and provide convenient retail and personal service establishments for local neighborhood.
Parking
15 Spaces (1.63 Spaces per 1,000 SF Leased)
Frontage
74’ on Minnesota Ave

Amenities

  • Signage
  • Signalized Intersection
Moderately walkable
60/100
Moderately drivable
70/100
Good public transit
70/100
Moderately bikeable
60/100

Nearby Major Retailers

Planet Fitness
Lidl

Property Taxes

Property Taxes

Parcel Number
5505-0035
Land Assessment
$386,250
Improvements Assessment
$467,520
Total Assessment
$853,770
  • Listing ID: 38476261

  • Date on Market: 11/17/2025

  • Last Updated:

  • Address: 2900-2906 Minnesota Ave SE, Washington, DC 20019

Contact the Sale Advisor

9,200 SF occupying an entire city block | 2900-2906 Minnesota Ave SE

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