9213 Baltimore Ave, College Park, MD 20740

$1,400,000

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List Price
$1,400,000
Days on Market
1
Status
ACTIVE
MLS#
MDPG2211890
Lot Size (Acres)
0.18
Year Built
1944
County
Prince Georges
School District
Prince George's County Public Schools

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.

Additional Information

Taxes
$8709
School District
Prince George's County Public Schools
Heating
Forced Air
Heating Fuel
Natural Gas
Cooling
Ductless/Mini-Split
Roof
Composite
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Berkshire Hathaway HomeServices PenFed Realty. Contact: howardcounty@penfedrealty.com