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132 S Washington Blvd
Laurel, MD 20707

Retail Property For Sale

Investment Highlights

  • New Flat roof, New 8 unit HVAC, New windows,New Planum ceiling , New Bathrooms 2 front entrances, 2 entrances in rear of the building
  • Food prep area and back entrance for deliveries

Executive Summary

Great investment in the middle of Laurel. Occupied by a church with a 3 year lease at $7,900 per month base rent

PROPERTY FACTS

Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront
Building Size
5,319 SF
Building Class
C
Year Built
1920
Price
$1,475,000
Price Per SF
$277
Cap Rate
5.65%
NOI
$83,400
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
1.00
Lot Size
0.12 AC
Zoning
CG - Commercial
Parking
5 Spaces (0.91 Spaces per 1,000 SF Leased)
Frontage
44 FT on Washington Blvd

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
10-1009828
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$360,500
  • Listing ID: 27996152

  • Date on Market: 3/16/2023

  • Last Updated:

  • Address: 132 S Washington Blvd, Laurel, MD 20707

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