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363 Main St 4,408 SF Retail Building Laurel, MD 20707 $1,200,000 ($272.23/SF)
INVESTMENT HIGHLIGHTS
- Turnkey second generation restaurant with a 2-bedroom apartment above, located on Main Street, Laurel MD
- Ability to supplement debt service through leasing the 2-bedroom apartment at market rent
- Opportunity for an owner/user to occupy the restaurant space and live above or rent the space for additional income - both spaces are move-in ready
- Ample parking in rear and alley access for tenant or employee parking
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Building Size
4,408 SF
Building Class
C
Year Built
1915
Price
$1,200,000
Price Per SF
$272.23
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.09
Lot Size
0.09 AC
Zoning
CG - Mixed-Use Commercial General
Parking
6 Spaces (1.36 Spaces per 1,000 SF Leased)
Frontage
34’ on Main St
AMENITIES
- Restaurant
- Signage
- Air Conditioning
Walk Score®
Very Walkable (84)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 10-1115294 | Improvements Assessment | $450,100 |
| Land Assessment | $332,700 | Total Assessment | $782,800 |
PROPERTY TAXES
Parcel Number
10-1115294
Land Assessment
$332,700
Improvements Assessment
$450,100
Total Assessment
$782,800
CONTACTS
-
Benjamin Wilson -
Donivan Okolita -
Ian Weisz -
Burke McLaughlin -
Beckett Norris -
Greysteel Holdings
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363 Main St
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