3301 Rhode Island Avenue, Mount Rainier, MD 20712
Recently vacated mixed-use building offers an existing retail buildout and street frontage along a high-traffic corridor.
- Added:
- Mar 31, 2026
- Days on Market:
- 86
- Last Refresh:
- Jun 15 at 8:43 am
Property Features for 3301 Rhode Island Avenue
General Information
- Standard status
- Active
- Size
- 2,020 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1930
Listing agent Ari Firoozabadi (202) 280-2722
Listing office Greysteel Company LLC (202) 280-2722
Listing date Mar 31, 2026
Source Xome
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Greysteel Company LLC
HighLights
- Recently vacated mixed‑use building with existing retail buildout and street frontage
- Central air cooling
- Flat roof
- Zoned LMUTC
- Parking available, including on‑street parking
Overview
The building is located just outside Washington, DC in Mount Rainier, Maryland, on a high-traffic corridor. The corridor provides connectivity to Washington, DC and College Park to the north, supporting visibility and day-to-day retail access.
For retailers and other owner-users, the combination of existing buildout and prominent street frontage can help streamline planning and accelerate the path to occupancy. It also may appeal to buyers evaluating SBA financing, which is noted as available with as little as 10% down. Overall, the property is best suited for an operator looking to establish or reposition a street-facing retail presence with the benefit of existing improvements.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $68.6k | $33.96 |
| − Vacancy | −$3.8k | −$1.87 |
| EGI | $64.8k | $32.09 |
| − OpEx | −$19.4k | −$9.63 |
| NOI | $45.4k | $22.46 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Petals To The Metal Florist LLC — 2316 Rhode Island Ave NE, Washington, DC 20018
Location Insight
- Map
- Local Demand
- City
- Mount Rainier
- County
- Prince George's
- State
- Maryland
- Longitude
- -76.9617077
- Latitude
- 38.935756
