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2901 Minnesota SE Ave Washington, DC 20019-1128

OFF-MARKET Retail space Google Maps
6,999 SF 0.43 ac lot Built 1941
Entity Owned Absentee Owner Free & Clear
Estimated value (blended)
$1.06M
Range $950k – $1.16M (±10%)
Property ID US16-0099681

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1941
Construction BRICK
Total area 6,999 SF
Lot 0.43 ac (18,815 SF)
Zoning code MU-3A
APN 5507 0803
UPID US16-0099681

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$1.06M

Owner & transaction history

since 2025
4 recorded transactions
2025
$1.6M
2016
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

MU-3A · Washington, DC
Zoning description

This zone provide for mixed-use developments that permit a broad range of commercial, institutional, and multiple dwelling unit residential development at varying densities.

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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