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Listed by Gopal Hariani • Berkshire Hathaway HomeServices PenFed Realty
$1,400,000
Est. payment /mo
7,841 Sqft Lot
New
9213 BALTIMORE AVE College Park, MD 20740
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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID MDPG2211890
Year Built 1944
Annual Tax Amount $8,709
Tax Year 2026
Lot Size 7,841 Sqft
Acres 0.18
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
Discover a prime investment or Owner operated opportunity with this well-maintained Mixed use commercial property built in 1944, situated on a 0.18-acre lot. The property has a retail space operated as Tobacco/Vape store and a studio apartment in the back with separate private entrances. The retail store is currently leased at a rent of $ 5000/month with a lease term ending in December, 20230 but can be delivered vacant. The good condition of the building ensures minimal immediate renovation costs, allowing for a quicker return on investment. With ample parking options, including a driveway and a carport, this property is easily accessible, enhancing its appeal to potential tenants or customers. The strategic business district location offers significant foot traffic potential.
The absence of an association fee means lower overhead costs, maximizing your profit margins. This property is not just a building; it's a canvas for your investment vision. With the right strategy, you can capitalize on the growing demand for commercial spaces in the area. Don't miss out on the chance to secure a valuable asset that promises both stability and growth potential in your investment portfolio. Act now to explore the possibilities this property has to offer! Similar mixed-use property at 9205 Baltimore Ave., MDPG2216646 is also available for sale.
The absence of an association fee means lower overhead costs, maximizing your profit margins. This property is not just a building; it's a canvas for your investment vision. With the right strategy, you can capitalize on the growing demand for commercial spaces in the area. Don't miss out on the chance to secure a valuable asset that promises both stability and growth potential in your investment portfolio. Act now to explore the possibilities this property has to offer! Similar mixed-use property at 9205 Baltimore Ave., MDPG2216646 is also available for sale.
Location
State MD
County Prince Georges
Zoning LTOE
Interior
Hot Water Electric
Heating Forced Air
Cooling Ductless/Mini-Split
Inclusions Exercise Equipment
Heat Source Natural Gas
Exterior
Garage Spaces 7.0
Water Access N
Roof Type Composite
Accessibility 2+ Access Exits
Total Parking Spaces 7
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Prince George'S County Public Schools
Others
Tax ID 17212387835
Ownership Fee Simple
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS
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