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11 N Maple Ave

6,138 SF 60% Leased Office Building La Plata, MD 20646 $975,000 ($159/SF) 6.15% Cap Rate

Investment Highlights

  • Seller financing available
  • Ideally located for walkability and central convenience
  • Exceptional opportunity for investor or user
  • Excellent signage opportunities for tenants

Executive Summary

The property is in the heart of the Town of La Plata, offering exceptional accessibility and convenience. It presents a unique opportunity for a small investor or investor/user to acquire a well-located property in the center of a thriving town. This versatile property is ideal for a variety of businesses, offering space suitable for retail, office, or light warehouse uses. A buyer would have significant flexibility with short-term leases and below-market rents.

Attachments

Blocking Plan

Data Room Click Here to Access

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
6,138 SF
Building Class
C
Year Built
1950
Price
$975,000
Price Per SF
$159
Cap Rate
6.15%
NOI
$60,000
Percent Leased
60%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
6,138 SF
Slab To Slab
15’
Building FAR
0.16
Land Acres
0.90 AC
Zoning
CB - The Central Business (CB) zoning designation in the Town of La Plata, Maryland, is intended to promote a mix of commercial and retail uses.
Parking
24 Spaces (3.91 Spaces per 1,000 SF Leased)

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl-Ste 100
  • 800 SF
  • Office/Retail
  • Full Build-Out
  • Now
  • 1st Fl-Ste 105
  • 1,736 SF
  • Office/Retail
  • Partial Build-Out
  • Now
Space Size Space Use Condition Available
1st Fl-Ste 100 800 SF Office/Retail Full Build-Out Now
1st Fl-Ste 105 1,736 SF Office/Retail Partial Build-Out Now

1st Fl-Ste 100

Size
800 SF
Space Use
Office/Retail
Condition
Full Build-Out
Available
Now

1st Fl-Ste 105

Size
1,736 SF
Space Use
Office/Retail
Condition
Partial Build-Out
Available
Now

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01-001221
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,106,467
  • Listing ID: 33660951

  • Date on Market: 10/28/2024

  • Last Updated:

  • Address: 11 N Maple Ave, La Plata, MD 20646

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