Property Attributes
- MLS#MDPG2071636
- TypeCommercial
- CountyPRINCE GEORGES
- CityFort Washington
- Zip20744
- StyleVet/Kennel,Supermarket/Grocery Store,Shopping Cent
- Year Built1969
- Taxes$ 11564
- Price$ 3,999,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage6700
- Lot Size0.69 Acres
Data Source:
Bright MLS
Property Description
Prime Location, 2021 Totally Renovated and Strong Net Income of $240K /Year w NNN Lease for 20 years. Actual Address is 7105 & 7109 Allentown Rd. Fort Washington MD. "Invest in Success" : Corner Property at the High Traffic Intersection near 2 big shopping center and McDonald and Gas station etc. Welcome to your next investment opportunity. This prime property is located at the busy intersection of Allentown Road & Temple Hill Rd. with high traffic flow and great visibility. Its strategic location makes it a highly desirable destination for businesses, attracting customers from all around area. This property has been renovated 2 years ago to meet modern standards, with upgraded features that include new HVAV systems, new electric system and a newly paved parking lot etc. These upgrades and NNN Lease will reduce the maintenance cost dramatically for the new owner. The property generates an impressive net Rent income of $240,000 per year. This steady stream of income will come from the well qualified single tenant with 20 year long-term lease. Don't miss out on this rare opportunity to own a highly profitable property with outstanding prospects for future development.
Price History | |
---|---|
2/16/2024 | Listed $3,999,000 |
General Features
Sewer | Public Sewer |
---|---|
Heating | Forced Air |
Cooling | Central A/C |
Possession | Settlement |
Zoning | CGO |
Security Features | Electric Alarm,Exterior Cameras,Fire Detection System,Main Entrance Lock,Monitored,Motion Detectors,Security System,Smoke Detector,Sprinkler System - Indoor |
Construction Materials | Brick,Concrete |
Year Built | 1969 |
Property SubType | Retail |
Tax Year | 2024 |
Percent Ownership | Fee Simple |
Cool Fuel | Electric |
Business Type | Vet/Kennel,Supermarket/Grocery Store,Shopping Center,Restaurant/Bar,Religious Facility,Professional,Parking Lot,Other/General Retail,Medical,Institutional,Health Club,Hair Salon and Spa,Garden Center |
Accessibility | Level Entry - Main,Ramp - Main Level |
County | PRINCE GEORGES |
New Construction | No |
Property Type | Commercial Sale |
Possible Use | Barber/Beauty,Beer/Wine/Liquor,Clothing,Commercial,Convenience Store,Day Care,Drive-Thru,Driving Range,Dry Cleaner,Financial,Flex Space,Florist/Nursery,Food & Beverage,Food Market,Institutional,Inves |
Water Access Y/N | No |
Status | ACTIVE |
Directions | Corner lot @ intersection of Temple Hill Rd. and Allentown Rd. |
ModificationTimestamp | 2024-05-09T02:34:28 |
City | FORT WASHINGTON |
Buyer Agent Compensation | 2 |
Total Units | 1 |
Lot Size Square Feet | 29966.00 |
Tax Assessed Value | 1206200.0 |
Waterfront Y/N | No |
Street Name | ALLENTOWN |
Tax Annual Amount | 11564.0 |
Property Condition | Very Good |
Price Per Sq Ft | 595.98 |
Lease Considered Y/N | No |
Vacation Rental Y/N | No |
Days on Market | 361 |
Location Type | Corner Lot/Unit |
Standard Status | Active |
Year Built Source | Assessor |
Legal Subdivision | PADGETTS CORNER |
Buyer Agent Compensation Type | % Of Gross |
Association Recreation Fee | No |
Interior Features
Heating Fuel | Natural Gas |
---|---|
Hot Water | Natural Gas |
Heating Y/N | Yes |
Street Suffix | ROAD |
Central Air Y/N | Yes |
Exterior Features
Parking Features | Handicap Parking,Paved Parking,Private,Surface |
---|---|
Water Source | Public |
Total Parking Spaces | 45 |
Type of Parking | Parking Lot |
Land Use Code | C |
Water View Y/N | No |
Building Area Total | 6710.00 |
Lot Size Acres | 0.69 |
Road Surface Type | Paved |
Lot Size Units | Square Feet |
Lot Size Source | Assessor |
Total Loading Docks | 1 |
Land Assessed Value | 299600.00 |
Navigable Water Y/N | No |
Water Oriented Y/N | No |
Fencing Y/N | Yes |
Car Parking Spaces | 45 |
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