Minnesota Ave-Strip Center
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Minnesota Ave-Strip Center
2 Retail Properties Offered at $4,500,000 in Washington, DC
Investment Highlights
- Great Location
- Prime Redevelopment Opportunity
- Lots of Potential
Executive Summary
All of 9 units are leased and have a lot of potential of redevelopment.
Each Tax ID is 5505//0035 & 5505//0801.
Each Tax ID is 5505//0035 & 5505//0801.
Taxes & Operating Expenses (Actual - 2023) |
Annual |
|---|---|
| Gross Rental Income |
$218,400
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$218,400
|
| Taxes |
$29,151
|
| Operating Expenses |
$7,600
|
| Total Expenses |
$36,751
|
| Net Operating Income |
$181,649
|
Taxes & Operating Expenses (Actual - 2023)
| Gross Rental Income | |
|---|---|
| Annual | $218,400 |
| Other Income | |
|---|---|
| Annual | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Effective Gross Income | |
|---|---|
| Annual | $218,400 |
| Taxes | |
|---|---|
| Annual | $29,151 |
| Operating Expenses | |
|---|---|
| Annual | $7,600 |
| Total Expenses | |
|---|---|
| Annual | $36,751 |
| Net Operating Income | |
|---|---|
| Annual | $181,649 |
Property Facts
| Price | $4,500,000 | Number of Properties | 2 |
| Price / SF | $490.25 / SF | Individually For Sale | 0 |
| Sale Conditions | Bulk/Portfolio Sale | Total Building Size | 9,179 SF |
| Sale Type | Investment or Owner User | Total Land Area | 0.45 AC |
| Status | Active |
| Price | $4,500,000 |
| Price / SF | $490.25 / SF |
| Sale Conditions | Bulk/Portfolio Sale |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 9,179 SF |
| Total Land Area | 0.45 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 2918-2924 Minnesota Ave SE, Washington, DC 20019 | Retail | 4,743 SF | 1941 | - |
| 2900-2906 Minnesota Ave SE, Washington, DC 20019 | Retail | 4,436 SF | 1948 | - |
1 of 1
-
Scott Soh - S & S Realty & Investment LLC
Learn More About Investing in Retail Properties
1 of 3
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
S & S Realty & Investment LLC
Minnesota Ave-Strip Center
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.