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4840 Strauss Ave 2,900 SF Retail Building Indian Head, MD 20640 $599,000 ($206.55/SF)
Executive Summary
Prime opportunity to own a versatile 2,900 square foot restaurant building with excellent potential for an owner-operator, investor, or hospitality group. This well-positioned property offers a functional layout designed for restaurant operations, featuring dining space, kitchen area, and the flexibility to accommodate a variety of concepts.
The space provides a great foundation for a new restaurant, café, or other food-service business. With its generous square footage, established infrastructure, and convenient location, this property offers the opportunity to bring your vision to life while benefiting from an existing commercial setup.
The space provides a great foundation for a new restaurant, café, or other food-service business. With its generous square footage, established infrastructure, and convenient location, this property offers the opportunity to bring your vision to life while benefiting from an existing commercial setup.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,900 SF
Building Class
C
Year Built
1925
Price
$599,000
Price Per SF
$206.55
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.39 AC
Opportunity Zone
Yes
Zoning
R2 - R2 zoning generally indicates a medium-density residential zone, allowing for both single-family and two-family dwellings
Parking
29 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
47’ on Indian Head Hwy
Amenities
- Signage
Somewhat walkable
20/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 07-030347 | Improvements Assessment | $490,500 |
| Land Assessment | $96,300 | Total Assessment | $586,800 |
Property Taxes
Parcel Number
07-030347
Land Assessment
$96,300
Improvements Assessment
$490,500
Total Assessment
$586,800
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4840 Strauss Ave