Address
7105 Allentown Road, Fort Washington, MD
Price
$ 3,999,000
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
Property vs Commercial Average in 20744
Price
Taxes
Visits
Year Built
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