Description
2900-2924 Minnesota Avenue SE, on a 0.45 Acre Lot, 9,200 SF occupying an entire city block. NOI $175,000. CAP 5.2%. 2 contiguous building across 2 legal lots (Tax ID 5505//0035 & 5505//0801) 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, Childcare and Medical. Contact Lister for details and schedule a viewing. Please DO NOT DISTURB the current operator!
Description
2900-2924 Minnesota Avenue SE, on a 0.45 Acre Lot, 9,200 SF occupying an entire city block. NOI $175,000. CAP 5.2%. 2 contiguous building across 2 legal lots (Tax ID 5505//0035 & 5505//0801) 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, Childcare and Medical. Contact Lister for details and schedule a viewing. Please DO NOT DISTURB the current operator!
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