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$ 839,000
Est. payment | /mo
4,795 Sqft Lot
$ 839,000
Est. payment | /mo
4,795 Sqft Lot
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Lot Size 4,795 Sqft
MLS Listing ID MDCH2041236
Total Units 1
Short Sale No
Originating MLS BRIGHT
Property Description
MOTIVATED SELLER - INVESTMENT SALE - OVER 8.5% CAP RATE. Office/Retail Condominium Unit (Approx. 4,795 SF) on 1st Floor in Heart of La Plata, MD. Floor plan includes private office, two (2) 2-stall restrooms, open floor area with sales counter and outdoor patio. The space has three (3) entrances to the exterior parking and one (1) entrance onto the patio. Close proximity to Charles County Courthouse, Charles Regional Medical Center, Charles County Government Offices and La Plata Town Hall. Currently leased by Meridian Gym until July 31, 2028 w/ negotiated three (3) year renewal term. Estimated NOI (2025) = $72930 (Includes 5% Vacancy Rate). NNN Lease. Copy of Lease Available After Signing NDA.
Location
State MD
County Charles
Zoning C-B
Interior
Hot Water Electric
Heating Heat Pump(s)
Cooling Heat Pump(s)
Heat Source Electric
1-purchase type For Sale
Exterior
Garage Spaces 10
Waterfront N
Water Access N
Accessibility Level Entry - Main
Parking Type Parking Lot
Total Parking Spaces 10
Building
New Construction N
Sewer Public Sewer
Water Public
Schools
Middle Schools Milton M. Somers
School District Charles County Public Schools
Others
Tax Amount $12,027
Tax Year 2024
Tax ID 0901083775
Ownership Fee Simple
Special Sale Standard
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Listed by Anne Hooper • Hooper & Associates
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Robert Lucido
Advisor | yjnn 4444789