

2900-2924 Minnesota Avenue - Entire city block
Retail Shopping Center / Entire city Block
Marketing description
Fortune Realty is pleased to exclusively present 2900-2924 Minnesota Avenue SE, on a 0.45 Acre Lot 9,200 SF occupying an entire city block. 2 contiguous building across 2 legal lots, 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, medical and childcare. 2900 Minnesota Avenue SE may have future up zoning potential from its current MU-3A zoning designation (1.0 FAR + IZ / Affordable housing) to an MU-4 zoning designation (2.5 FAR + IZ / Affordable housing) through the map amendment or PUD process.
Investment highlights
- Entire City Block - 0.45 Acre Lot, 9,200 SF
- 2 Legal Lots, can be sold separately
- Nine (9) multi-tenants
- HUB and Opportunity Zone
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