Mixed-Use Commercial Building For
For Sale
$825,000
3803 Minnesota Ave NE, Washington, DC 20019
Three-level commercial property with restaurant, daycare, and office spaces.
Property Size2,400 SF
Price / SF$343.75
Days on Market237
Property Features for 3803 Minnesota Ave NE
General Information
Standard status
Active
Size
2,400 SF
Site & Location
Neighborhood
Benning
Building Details
Year Built
1939
Listing Agency:
CJ Real Estate Solutions, LLC
Listed By:
Christine Jackson
(301) 661-3740
Source:
Lgagne
Added: Mar 5
Changed: Oct 26
Last Checked: Oct 7 at 2:41PM
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 CJ Real Estate Solutions, LLC
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Investment Insights
Based on property information with market context.
This three-level commercial property features a fully equipped restaurant space on the main floor. The lower level is suitable for a daycare or similar facility, while the upper level is configured for office use. Each floor is separately metered and has its own private entrance. The property includes a rear parking pad and is sold in as-is condition. There is only one water meter.
Key Highlights
- Three separately metered floors, each with a private entrance, suitable for diverse commercial uses.
- Fully equipped restaurant space on the main floor.
- Lower level suitable for a daycare or similar facility.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,444
Cap Rate
5.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$948,880
$948.9K
Cap Rate 7%
$677,771
$677.8K
Cap Rate 9%
$527,156
$527.2K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$66.2K $27.60/SF
− Vacancy
−$3.0K −$1.24/SF
EGI
$63.3K $26.36/SF
− OpEx
−$15.8K −$6.59/SF
NOI
$47.4K $19.77/SF
Area
ZIP 20019
Vacancy
4.50%
Lease Rate
$27.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$948,880
Cap Rate 7%
$677,771
Cap Rate 9%
$527,156
Alternative Uses
Best Use
Specialty Retail
$677.8K
$593.1K – $790.7K
NOI $47,444 @ 7.0% cap · market cap 5.75%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.29M
$1.13M – $1.50M
NOI $90,280 @ 7.0% cap · market cap 10.94%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
775
Businesses Nearby
97k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 35%
Dining 34%
Groceries 23%
Apparel 7%
McDonald's
Dining
25,317 visits/mo
0.1 miles
Safeway
Groceries
22,540 visits/mo
0.2 miles
Shell
Shops & Services
12,572 visits/mo
0.0 miles
Bank of America
Shops & Services
7,164 visits/mo
0.0 miles
Exxon
Shops & Services
6,116 visits/mo
0.2 miles
Demographics for 20019, DC
59,601
Population
29,244
Households
2
Avg Household Size
36
Median Age
25%
College-Educated
86%
High-School Grad
6.1 sq mi
ZIP Area
9,771
Density / Sq Mi
$57,031
Median Household Income
$49,707
Median Earnings
$1,174
Median Rent
$437,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Washington, DC
Similar Off Market Nearby
- Tina's Soul Food & Catering Services | Washington, DC — 3102 E St SE, Washington, DC 20019
- Genabeez — washington, dc 20019
- Feelings From the Heart, Inc. — 3352 Alden Pl NE, Washington, DC 20019
Frequently Asked Questions
What type of property is this?
Restaurant - Three-level commercial property with restaurant, daycare, and office spaces.
Where is this restaurant located?
The property is located at 3803 Minnesota Ave NE Washington, DC.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Three separately metered floors, each with a private entrance, suitable for diverse commercial uses.; Fully equipped restaurant space on the main floor.; Lower level suitable for a daycare or similar facility.
