Address
3900 Bexley Place, Suitland, MD
Price
$ 5,500,000
Property Attributes
- MLS#MDPG2037556
- TypeCommercial
- CountyPRINCE GEORGES
- CitySuitland
- NeighborhoodBedford
- Zip20746
- StyleConvenience Store/Gas,Day Care Facility,Flex,Hair
- Price$ 5,500,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size2.95 Acres
Data Source:
Bright MLS
Property Description
Long & Foster Commercial has been retained to offer, Bexley Place Shopping Center, which represents a rare opportunity to acquire 27,200 SF neighborhood retail center in the DMV area. Located in Suitland, Maryland of Prince George's County, approximately 10 miles East of Washington, DC. The property features 7 fully-leased spaces about a mile off of Interstate Highway 495 and mere feet from Route 5. This provides key access to roads with high vehicle traffic, with an easily accessible and attractive location. Currently, the property is self-managed featuring an assortment of local tenants. There remains significant potential to renovate or improve the property to increase the rental rates for tenants. However, even with the low rental rates currently offered in the shopping center, this fullyleased property provides the owner with an annual income of almost $410,000. The property is being offered at $5,500,000 ($202 PSF)
| Price History | |
|---|---|
| 4/1/2022 | Listed $5,500,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Other |
| Cooling | Other |
| Possession | 61-90 Days CD |
| Zoning | CSC |
| Construction Materials | Brick |
| Year Built | 1978 |
| Property SubType | Retail |
| Tax Year | 2021 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Other |
| Business Type | Convenience Store/Gas,Day Care Facility,Flex,Hair Salon and Spa,Health Club,Medical,Other/General Retail,Religious Facility,Restaurant/Bar,School,Storage,Supermarket/Grocery Store |
| Accessibility | Other |
| County | PRINCE GEORGES |
| New Construction | No |
| Property Type | Commercial Sale |
| Subdivision Name | BEDFORD |
| Water Access Y/N | No |
| Status | ACTIVE |
| Directions | TBD |
| ModificationTimestamp | 2024-03-21T15:08:52 |
| City | SUITLAND |
| Buyer Agent Compensation | 1 |
| Lot Size Square Feet | 128300.00 |
| Tax Assessed Value | 0.0 |
| Waterfront Y/N | No |
| Street Name | BEXLEY |
| Tax Annual Amount | 0.0 |
| Price Per Sq Ft | 202.21 |
| Vacation Rental Y/N | No |
| Days on Market | 761 |
| Standard Status | Active |
| Year Built Source | Estimated |
| Legal Subdivision | BEDFORD VILLAGE |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Heating Fuel | Other |
|---|---|
| Hot Water | Other |
| Heating Y/N | Yes |
| Street Suffix | PLACE |
| Central Air Y/N | No |
Exterior Features
| Water Source | Public |
|---|---|
| Type of Parking | Parking Lot |
| Water View Y/N | No |
| Building Area Total | 27200.00 |
| Lot Size Acres | 2.95 |
| Lot Size Units | Square Feet |
| Lot Size Source | Estimated |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
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 20746
Price
Visits
Year Built
Walkscore
© BRIGHT, All Rights Reserved
