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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
$1,450,000
Price Per SF
$272.61
Cap Rate
5.75%
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’ on Washington Blvd
Property Taxes
| Parcel Number | 10-1009828 | Improvements Assessment | $191,900 |
| Land Assessment | $191,800 | Total Assessment | $383,700 |
Property Taxes
Parcel Number
10-1009828
Land Assessment
$191,800
Improvements Assessment
$191,900
Total Assessment
$383,700
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