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Wheaton Tile Center 2670 University Blvd W 3,750 SF Retail Building Wheaton, MD 20902 $1,700,000 ($453.33/SF)
Executive Summary
• Rare opportunity to acquire a retail building in the Wheaton CBD with significant repositioning potential
• Delivered in shell condition, allowing a buyer to design a custom layout and buildout
• Seller invested approximately $500,000 reinforcing the roof structure to support rooftop dining or restaurant live loads
• Flexible zoning permits a wide range of retail, restaurant, and commercial uses
• Ideal for a retailer, restaurant operator, or other owner-user seeking a highly visible Wheaton location
• Attractive opportunity for an investor to reposition and lease within a dense, Metro-oriented commercial district
• Delivered in shell condition, allowing a buyer to design a custom layout and buildout
• Seller invested approximately $500,000 reinforcing the roof structure to support rooftop dining or restaurant live loads
• Flexible zoning permits a wide range of retail, restaurant, and commercial uses
• Ideal for a retailer, restaurant operator, or other owner-user seeking a highly visible Wheaton location
• Attractive opportunity for an investor to reposition and lease within a dense, Metro-oriented commercial district
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
3,750 SF
Building Class
C
Year Built
1948
Price
$1,700,000
Price Per SF
$453.33
Tenancy
Single
Building Height
1 Story
Building FAR
0.56
Lot Size
0.15 AC
Opportunity Zone
Yes
Zoning
CR
Frontage
37’ on University Blvd
Walk Score®
Walker's Paradise (98)
Transit Score®
Excellent Transit (72)
Nearby Major Retailers
Property Taxes
| Parcel Number | 13-01187051 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,402,033 |
Property Taxes
Parcel Number
13-01187051
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,402,033
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Wheaton Tile Center | 2670 University Blvd W
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