Price Reduction
Listed By:
RE/MAX Realty Centre, Inc.
Address
10401 Grosvenor Place NE # 1, Rockville, MD
Price
$ 399,000
Property Attributes
  • MLS#MDMC2128288
  • TypeCommercial
  • CountyMONTGOMERY
  • CityRockville
  • NeighborhoodGrosvenor Park
  • Zip20852
  • StyleHair Salon and Spa,Professional,Medical
  • Year Built1979
  • Taxes$ 4789
  • Price$ 399,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1090
Data Source:
Bright MLS
Property Description

Grosvenor Place Condominium, an investment opportunity of a lifetime! This commercial North Bethesda property is now available after 24 years! This is your chance to own 1 of only 2 commercial units in the building! Super location with ample free parking and metro access through the building! effortless access to 495 & 270! the location is unparalleled. This unit has a lower condo fee then most properties in MOCO @ $663 monthly! Ideal for entrepreneurs and businesses such as doctors, dentists, law firm, CPA, engineering, insurance and as owner -operated today the Grosvenor hair salon. This property has endless possibilities... The hair salon is located below the Grosvenor Market (landmark) and next door to the dry cleaner. Captured audience of 400 plus residents in this building and several hundred residents within a 5-minute walk. A separate entrance and building access allow for easy access. Mr. Pulupa is a world-recognized hairstylist in the DMV. He would welcome the opportunity to stay on as a MENTOR to the new business owner should this remain a hair salon. While reviewing this listing, the condo fee is referred to as the recreation fee in the listing. Go & show with 1 hour notice, see showing instructions. Respect the current business please.

Price History
4/18/2024 Listed $429,000
5/13/2024 7% - $399,000

General Features

Sewer Public Sewer
Heating 90% Forced Air,Wall Unit
Cooling Zoned,Wall Unit
Utilities Electric Available,Phone Connected,Water Available,Sewer Available,Cable TV Available
Possession Settlement
Zoning R -10
Security Features 24 hour security,Desk in Lobby,Exterior Cameras,Fire Detection System,Main Entrance Lock,Monitored,Resident Manager,Security System
Construction Materials Brick,Concrete
Exclusions Several pictures,coffee bar and Louis Vuitton bags ( 2 )
Year Built 1979
Electric 110 Volts
Unit Number 1
Property SubType Services
Tax Year 2024
Percent Ownership Condominium
Cool Fuel Electric
OwnerPays Electricity,Cable TV,Management,Taxes - Real Estate
Business Type Hair Salon and Spa,Professional,Medical,Other
Building Name GROSVENOR PARK III
Accessibility 2+ Access Exits,48 + Halls,>84 Garage Door,Elevator,Level Entry - Main,No Stairs,Ramp - Main Level,Vehicle Transfer Area
County MONTGOMERY
New Construction No
Property Type Commercial Sale
Subdivision Name GROSVENOR PARK
Possible Use Barber/Beauty,Financial,Institutional,Medical/Dental,Office,Professional Service,Retail,Spa
Water Access Y/N No
Property Use Owner User
Transportation Metro/Subway Station less than 1 mile,Bus Stop less than 1 mile
Status ACTIVE
Directions RT 355 left on Tuckerman Lane left on Grosvenor to 10401.
ModificationTimestamp 2024-05-13T15:30:40
City ROCKVILLE
Buyer Agent Compensation 3
Disclosures One Unit-Owner Occupied
Zoning Description Commerical unit,1 of only 2 in this BUILDING. This commercial unit is located below the Grosvenor Market.
Total Units 1
Tax Assessed Value 391667.0
Waterfront Y/N No
Street Name GROSVENOR
Tax Annual Amount 4789.0
Property Condition Excellent
Price Per Sq Ft 366.06
Acceptable Financing Cash
Association Fee 7954.32
Historic Y/N No
Lease Considered Y/N No
Vacation Rental Y/N No
Days on Market 19
Location Type Suburban
Standard Status Active
Year Built Source Estimated
Legal Subdivision GROSVENOR PARK III
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee 7956.00
Association Recreation Fee Yes

Interior Features

Heating Fuel Electric
Flooring Tile/Brick
Hot Water Electric
Total Stories 1
Heating Y/N Yes
Street Suffix PLACE
Central Air Y/N No
Total Restrooms 1
Clear Span Ceiling Height 8' to 10'
Number of Elevators 2

Exterior Features

Parking Features Handicap Parking,Lighted Parking,Paved Parking,Private,Unassigned,Surface
Water Source Public
Inclusions Currently operating as the Grosvenor Hair Salon. All fixtures,stylist chairs,hair washing stations (2) massage table,pedicure bath remains as part of the sale.
Total Parking Spaces 20
Type of Parking Parking Lot
Water View Y/N No
Building Area Total 1090.00
Road Surface Type Black Top,Paved
Door Features Double Entry
Other Equipment See Remarks
Total Loading Docks 1
Land Assessed Value 123600.00
Navigable Water Y/N No
Water Oriented Y/N No
Fencing Y/N No
Car Parking Spaces 18

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 20852

Price
AVG $350K
$400K
Taxes
AVG $8,901
$4,789
Visits
AVG 197
42
Data Provided by Inside Real Estate®
Year Built
AVG 1980
1979

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