Listed By:
Long & Foster Real Estate, Inc.
Address
132 Washington Boulevard S, Laurel, MD
Price
$ 1,490,000
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

Property vs Commercial Average in 20707

Price
AVG $270K
$1.49M
Taxes
AVG $8,657
$5,619
Visits
AVG 146
331
Data Provided by Inside Real Estate®
Year Built
AVG 1969
1920
Walkscore
AVG 79
80
Data Provided by Walkscore® not using MLS data

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