Property Attributes
- MLS#MDPG2072978
- TypeCommercial
- CountyPRINCE GEORGES
- CityLaurel
- NeighborhoodLaurel
- Zip20707
- StyleBanquet Facility/Lodge,Day Care Facility,Hair Sal
- Year Built1920
- Taxes$ 5619
- Price$ 1,490,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage5488
- Lot Size5,227 SqFt
Data Source:
Bright MLS
Property Description
Recently Renovated, New flat roof, new 8 unit HVAC, New Planum ceiling, new bathrooms, private rooms , food prep area,4,800 sq feet almost open space. back door for deliveries Current tenants are a Church with 3 years remaining on the initial term of lease. Annual rent is $94,000 per year , Cap rate 6%. Tenant pays all utilities. GREAT INVESTMENT! Weekday showing only!!!
Price History | |
---|---|
3/20/2023 | Listed $1,390,000 |
General Features
Sewer | Public Sewer |
---|---|
Heating | 90% Forced Air |
Cooling | Other |
Possession | Settlement |
Zoning | LAUR |
Construction Materials | Mixed |
Year Built | 1920 |
Electric | 200+ Amp Service |
Property SubType | Retail |
Tax Year | 2023 |
Percent Ownership | Fee Simple |
Cool Fuel | Electric |
Business Type | Other,Banquet Facility/Lodge,Day Care Facility,Hair Salon and Spa,Medical,Professional,Religious Facility |
Accessibility | 2+ Access Exits,32 + wide Doors |
County | PRINCE GEORGES |
New Construction | No |
Property Type | Commercial Sale |
Subdivision Name | LAUREL |
Possible Use | Beer/Wine/Liquor,Barber/Beauty,Bar/Tavern/Lounge,Church,Convenience Store,Day Care,Dry Cleaner,Investment,Professional Service,Retail |
Water Access Y/N | No |
Property Use | Investment |
Status | ACTIVE |
Directions | gps |
ModificationTimestamp | 2023-12-29T08:55:37 |
City | LAUREL |
Buyer Agent Compensation | 3 |
Zoning Description | Commercial |
Total Units | 1 |
Lot Size Square Feet | 5320.00 |
Tax Assessed Value | 337300.0 |
Waterfront Y/N | No |
Street Name | WASHINGTON |
Tax Annual Amount | 5619.0 |
Property Condition | Excellent |
Price Per Sq Ft | 271.5 |
Acceptable Financing | Exchange,Cash,Contract |
Historic Y/N | No |
Lease Considered Y/N | No |
Vacation Rental Y/N | No |
Days on Market | 408 |
Location Type | Downtown |
Standard Status | Active |
Year Built Source | Assessor |
Legal Subdivision | LAUREL |
Tax Lot | 12 |
Total Actual Rent | 94000.00 |
Cap Rate | 6.00 |
Buyer Agent Compensation Type | % Of Gross |
Association Recreation Fee | No |
Interior Features
Heating Fuel | Other,Electric |
---|---|
Hot Water | 60+ Gallon Tank |
Heating Y/N | Yes |
Street Suffix | BOULEVARD |
Central Air Y/N | No |
Total Restrooms | 2 |
Exterior Features
Water Source | Public |
---|---|
Type of Parking | On Street |
Land Use Code | United States |
Foundation Details | Slab |
Water View Y/N | No |
Building Area Total | 5488.00 |
Lot Size Acres | 0.12 |
Lot Size Units | Square Feet |
Lot Size Source | Assessor |
Land Assessed Value | 191800.00 |
Navigable Water Y/N | No |
Water Oriented Y/N | No |
Fencing 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