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1 E Main St 12,192 SF 100% Leased Retail Building Thurmont, MD 21788 $1,270,000 ($104.17/SF)



INVESTMENT HIGHLIGHTS
- Oversized parking lot behind
- All residential units come equipped with essential appliances
- Large frontage
EXECUTIVE SUMMARY
**Prime Investment Opportunity!** This 14-unit mixed-use property, combining residential and commercial spaces, is now available for sale and ready for new ownership! ***100% Fully Leased*** with a solid mix of long-term tenants. Located in downtown Thurmont, MD this property has large road frontage with an oversized parking lot behind. Nearly all units have been updated or remodeled in recent years. The current monthly income totals $11,430. All residential units come equipped with essential appliances, including refrigerators, stove/ovens, dishwashers, washers, dryers, and electric hot water heaters. Each unit is on its own electrical meter. The listing includes the following addresses: 1 E Main St, 5 E Main St, 7 E Main St, 2 N Church St, 4 N Church St, 6 N Church St, and 8 N Church St (parking lot). The property features 7 residential units and 7 commercial units, with several well-established, locally owned businesses currently operating. *Note: All units are occupied, and a minimum of 48 hours notice is required for showings. Due to scheduling differences between businesses and tenants, we cannot guarantee access to all units during showings. Thank you for your understanding and patience.*
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
12,192 SF
Building Class
C
Year Built
1880
Price
$1,270,000
Price Per SF
$104.17
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.40
Lot Size
0.20 AC
Zoning
TB - Traditional Neighborhood Development
Parking
24 Spaces (1.97 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Signalized Intersection
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 15-318120 | Improvements Assessment | $437,700 |
| Land Assessment | $87,000 | Total Assessment | $524,700 |
PROPERTY TAXES
Parcel Number
15-318120
Land Assessment
$87,000
Improvements Assessment
$437,700
Total Assessment
$524,700
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