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The condominium community features 10 garden-style brick buildings that are 3 and 4-stories high. There are 61 parking spaces dedicated to the property, and an abundance of off-street parking are available. The units included in the sale features: Studio, 1BR 1BA, 2BR 1BA, 2BR 2BA, and 3BR 1BA.At the time of purchase by the current Seller, the Association was in debt, with significant deferred maintenance and damage. Out of the 61 units in the Association, there were only 8 units paying their monthly dues. The Seller purchased 26 units and gained control of the Association. Seller aggressively pursued delinquent owners. The Seller was able to get most owners to pay their balance to the Association. Over time, the Association acquired 6 units through foreclosure and other means.Today, major capital improvements have been made to the property, including: updated plumbing, water mitigation efforts, and the installation of new roofs. The property has improved its classification toward a Class B standard. The Association is no longer in debt and has reserves. When the Seller purchased the portfolio in October of 2015, the rent roll was approximately $26,000 per month. The currently projected rent roll for the property is approximately $54,450 per month. There is vacant community space in one of the buildings to potentially add a 3BR 2BA unit. 52.73% of the purchase price will be retained by the Association, providing the buyer a discount.
This medical office building presents a compelling and attractive investment opportunity. Sale-Lease Back - 100% occupied building located in an area with high demand for medical services.
FANTASTIC OPPORTUNITY - COMMERCIAL CS ZONING WITH MIXED USE POTENTIAL. JUST 5 MINS FROM I-495. THIS IS A FULL REHAB WITH ENDLESS POSSIBILITIES FOR A VISIONARY BUSINESS OWNER OR INVESTOR. TWO DETACHED BUILDINGS FOR ONE PRICE! THE FRONT UNIT IS A CAPE COD STYLE PROPERTY. THE REAR UNIT HAS MULTIPLE POSSIBILITIES. BOTH AWAIT YOUR CUSTOM RENOVATIONS. LIVE HERE AND RUN YOUR BUSINESS WHILE ENJOYING CONVENIENT ACCESS TO THE BELTWAY AND SHOPPING. FENCED YARD OF ALMOST A QUARTER ACRE, WITH GATED PARKING. NEAR MARLOW HEIGHTS SHOPPING CENTER. ZONED CS. SOLD AS-IS. GREAT LOCATION!
GREAT LOCATION! INVESTOR OPPORTUNITY! Bring your vision to life with this 3 bedroom / 2 full bathroom property with plenty of parking! The enclosed front porch leads to two bedrooms, one full bathroom, living room, and kitchen. Rear door is a private entrance to another bedroom and second full bathroom. Gated and fenced front and large backyard. Unfinished basement. The zoning allows commercial uses and provides fantastic potential to realize your income goals. This is a dream renovation opportunity just minutes to Washington, DC and 1.6 miles to Suitland Metro. Sold AS IS.
Long & Foster Commercial has been retained to offer, BexleyPlace Shopping Center, which represents a rare opportunity toacquire 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 propertyfeatures 7 fully-leased spaces about a mile off of InterstateHighway 495 and mere feet from Route 5. This provides keyaccess to roads with high vehicle traffic, with an easily accessibleand attractive location. Currently, the property is self-managedfeaturing an assortment of local tenants. There remainssignificant potential to renovate or improve the property toincrease the rental rates for tenants. However, even with the lowrental rates currently offered in the shopping center, this fullyleased property provides the owner with an annual income ofalmost $410,000.The property is being offered at $5,500,000 ($202 PSF)
Excellent Location!!! Fully Leased!!! Retail Building!!!Please Be Very Confidential!!! Do Not Bother Tenants!!! Must!!!Please Call LA for Detailed Info on This Beautiful Retail Building!!!
INVESTMENT HIGHLIGHTS:Leased - Month to Month. Can extend to long term contract or vacate as owner/user. Easy access - minutes from several major highways (495 / 95 / 97 / 301)Convenient location - less than 30 minutes to Baltimore / Washington DC / Annapolis Package together with 8420 Zug for expanded use (approx 35,000 sq ft total)14,625 square feet
MULTIPLE PARCEL SALE - INVESTMENT OR OWNER USER OPPORTUNITY: Two (2) Parcels Approx. 2.02 Acres off Old Washington Road. Sale Includes One (1) Warehouse/Storage Building and Four (4) Residential Homes. Warehouse Consists of Approx. 5,400 SF with Three (3) Drive-In Overhead Doors w/ Fenced Rear Gravel/Asphalt Lot - Currently Vacant & Offered for Lease. Residential Homes are Currently Leased on Month-to-Month Basis w/ Total Monthly Income of $6,250.00 ($75,000 per year), According to Seller. Zoned Waldorf Central (WC). Seller Prefers to Hold Owner Financing.
INVESTMENT HIGHLIGHTS:Leased - Month to Month. Can extend to long term contract or vacate as owner/user. Easy access - minutes from several major highways (495 / 95 / 97 / 301)Convenient location - less than 30 minutes to Baltimore / Washington DC / Annapolis Package together with 8415 Zug for expanded use (approx 35,000 sq ft total)20,000 square feet
Don't miss out on a prime investment opportunity in the rapidly-growing Deanwood Neighborhood at 5920 Foote St NE! This strategically located 12-unit multifamily building, just off Eastern Ave with all 6 Metro lines nearby, offers a diverse unit mix with 5 spacious 2-bedroom and 7 comfortable 1-bedroom units. 75% vacancy allows for immediate renovation, and TOPA period has been initiated with the 3 current tenants indicating they will not exercise their TOPA rights. Consider converting 1-bedroom units to 2-bedroom to potentially increase gross annual rents by up to $250,000. Units are separately metered and share water.The Deanwood Submarket is in one of the last underdeveloped Wards in DC and has attracted major attention from both the private and public sector. It's on a seemingly endless array of "best of" real estate lists, with Redfin naming it one of "10 hottest neighborhoods in the COUNTRY". Numerous multi-million development projects are underway in Ward 7, including the $75M Deanwood Town Center and the $115M+ Parkside redevelopment project in D.C., covering 26 acres and 3.1 million square feet. Act now and be part of the exciting revitalization in the area!
Discover the potential at 610 Eastern Ave NE, where a well-situated 6-unit multifamily building awaits your investment savvy. Located on Eastern Ave, boasting access to all 6 Metro lines, this property offers unbeatable convenience. Featuring a well-balanced unit mix with 3 generous 2-bedroom units and 3 comfortable 1-bedroom units, this property is already equipped with washer/dryer and dishwasher in each unit, enhancing its appeal to tenants. 1 of the 6 units is vacant, with current gross income (under market) coming in at $6477/month. There's a golden opportunity to renovate and potentially increase gross annual rents by up to $125,000, especially by considering the conversion of 1-bedroom units into 2-bedroom layouts. Units are separately metered and cost is minimized with shared water services. Plus, benefit from the ongoing redevelopments in the neighborhood, positioning this property as a smart addition to your real estate portfolio. The Deanwood Submarket is in one of the last underdeveloped Wards in DC and has attracted major attention from both the private and public sector. It's on a seemingly endless array of "best of" real estate lists, with Redfin naming it one of "10 hottest neighborhoods in the COUNTRY". Numerous multi-million development projects are underway in Ward 7, including the $75M Deanwood Town Center and the $115M+ Parkside redevelopment project in D.C., covering 26 acres and 3.1 million square feet. This is your chance to secure an investment with both immediate returns and promising long-term growth.
Price Reduction!! Commercial Zoned property and Building located in the Heart of the Town of Capitol Heights. This building features 5 units. Four of the units are Dental/Office space and one unit is a 2 Bedroom, 1 Bath, apartment. Adjacent vacant lot is included in sale. Property is close to the Metro Station, Fire House, Post Office, shopping and more.
Freshly updated and ready for your personal touch! Commercial property, live and work here! Large parking space in rear, next to shopping mall with great exposure, great way to start or continue your home business. Updated kitchen with quartz countertops, new engineered wood flooring on main level, hardwood on upper level, updated baths, like new windows, freshly painted and ready!
Calling all investors! Check out this great property for sale! Approximately 1000 sq. in a great location & exposure. Close to beltway and major roads. Property can be used for office, medical, salon, services - tax acct, lawyer, mortgage broker, realtor, etc. Come and schedule your showing now!
21 +/- Acres of Industrial Zoned property for sale directly off of Route 5-N. Investment property with development potential. 20 +/- additional acres behind is zoned Agricultural. Former Bike Doctor now National Tenant Trek Retail Corporation, brings in an annual income of $160,000.00 (e). Trek Retail now leases the 9,000 +/- sq. ft. brick and block retail warehouse building with 2 loading docks. There are two additional parcels of land. Close proximity to Route 301- 4 way traffic stop. Across the street from the main shop, there is a traffic light at Pika Drive. Multiple access points to the property. Adjacent to Auto Zone and Beacon Surplus Supplies.
Investment Opportunity - Waldorf Opportunity Zone: 2.25 Acres +/- Zoned WC (Waldorf Central) prominently located at intersection of US Route 301 (Crain Highway) and MD Route 5 (Leonardtown Road). Great visibility with AADT on Crain Hwy (61,470 vehicles) and Leonardtown Road (36,170 vehicles). Access to site off both Crain Highway Northbound & Leonardtown Road. Sale Subject to Existing Leases. Owners will consider subdividing and selling as two (2) separate 1 - 1.25 Acre +/- Parcels.
Owner is preparing to move on after serving the students and adults in this community for over 25 years at the SAFEWAY Driving School. A hands on instructional and on road driver training with its own driving course. This is a cash cow, cash flow business and with the right owner could continue to be so. The overhead for the business is very low. If you have the time, please consider setting up an appointment with the owner to talk with him about the new technologies and taking over the business.
Serenity Nail and Spa is a thriving business in the Waldorf area. This salon and spa is totally equipped to function perfectly for an aspiring business owner in the nail salon business.
Corner Commercial Lot with Public utilities. Level in central location in Waldorf. Uses: Professional Office, Medical, Retail, convenience store, restaurant, produce market and more.
Great investment opportunity! Current tenant's business 50+ years. 14,462 SQFT storefront building on 0.64 acre lot. C1 zoned. 20 parking spaces in the lot. The property is located within one of the few commercial corridors in the greater neighborhood area, which is primarily residential in nature. High Exposure to Rte. 50 with 64,000 cars passing by daily. The property is located along the path of Phase 1B of the Broadneck Peninsula Trail, which is the section of trail next in-line for construction. Once complete, the trail will connect Anne Arundel Community College to Sandy Point State Park. Excellent frontage with enviable visibility from both the westbound and eastbound lanes of Rt. 50 between Annapolis and the Bay Bridge. Conveniently located approx. 5 miles from Historic Annapolis. 2 miles from Bay Bridge and 4 miles from Severn River Bridge. Within the zip code area, the mean household income is approx. $120,000 per year.
DO NOT DISTURB THE FAMILY OR ACCESS THE PROPERTY. All viewings will be scheduled with the listing agent after an offer has been presented.Literally a stones throw away from Washington, D.C. - Property with 15,477 square feet is zoned CGO (Commercial, General and Office) which is permissable for multifamily and nonresidential properties as well as businesses. The existing property consists of 7 bedrooms, 4 full bathrooms, living and dining rooms, brick fireplace and a large eat-in kitchen with an oversized storage room. The property has like new hot water heater and windows all around with a large basement and a huge storage room. An additional connected brick building on the property with its own front and back entrance and brick terrace around the back offers potential for additional rental income. There is also a 24X24 storage house with 2 windows that can be negotiated with the sale. Tear down and rebuild the current structure(s) and build your own multi-unit or commercial business. Property is in an Enterprise Zone - The Maryland Department of Commerce (COMMERCE) identifies and maintains boundaries where business may be eligible for income tax and real property tax credits for job creation and investments. Businesses may be eligible for the following tax credits: real property tax credits and income tax credits.
Price reduced ( $159,000 reduction). Two Brand New Heat Pumps. Decorated pleasing & calming environment. Lots of windows & natural light, balconies overlooking the lake. Three separate units combined as one, could be divided back into 3 units as there are separate tax records. There are 12 private offices, 1 with a balcony overlooking the lake & 1 with full length windows overlooking the lake & vaulted ceilings. There is one large reception room and 2 small sitting areas. There are 3 bathrooms ( one is full), a kitchenette. 2 conference rooms overlooking the lake, 1 with two entrances, wood floors and vaulted ceilings. There are 3 storage rooms, 2 are walk-ins. Furnishings could convey. Appointment only showings.
2nd Floor Walk-up Renovated Office Condominium space (Approx 804 SF) in Lakeview Professional Park. Floor Plan Includes Three (3) Private Offices, Kitchenette Area, In-Suite Bathroom and Open Work Area. Suite Affords Beautiful Views of Post Office Lake. Owner Shares Parking in Open Parking Lot (Approx. 65 spaces).
