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5309 Kenilworth Ave 2,272 SF Vacant Office Building Riverdale, MD 20737 $425,000 ($187.06/SF)



INVESTMENT HIGHLIGHTS
- INVESTMENT ALERT: LISTED BELOW ASSESSED AND APPRAISED VALUES
- STRATEGIC REDEVELOPMENT POTENTIAL
- East Riverdale-Beacon Heights Sector Plan
EXECUTIVE SUMMARY
INVESTMENT ALERT: LISTED BELOW ASSESSED AND APPRAISED VALUES, UNBEATABLE VALUE. This is a phenomenal opportunity to purchase a highly visible, freestanding commercial building (over 3,000 SQFT) on the bustling Kenilworth Avenue (MD-201) corridor. Currently used for tax preparation (formerly a real estate office), the property is arguably the BEST LOCATION IN THE COUNTY for unparalleled regional access (near RT. 50, RT. 495, and RT. 295), making it ideal for professional or medical use. For investors and developers, the site offers STRATEGIC REDEVELOPMENT POTENTIAL for its HIGHEST AND BEST USE; it is located in a key focus area of the East Riverdale-Beacon Heights Sector Plan, supporting high-density, mixed-use development along this major transit corridor. Capital improvements include a replaced roof and a new HVAC system (both 2012).
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Deferred Maintenance
Property Type
Office
Building Size
2,272 SF
Building Class
C
Year Built
1940
Price
$425,000
Price Per SF
$187.06
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,136 SF
Slab To Slab
8’
Building FAR
0.30
Lot Size
0.17 AC
Opportunity Zone
Yes
Zoning
CO
Parking
4 Spaces (1.76 Spaces per 1,000 SF Leased)
1 1
Walk Score®
Very Walkable (75)
PROPERTY TAXES
| Parcel Number | 19-2126407 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $486,400 |
PROPERTY TAXES
Parcel Number
19-2126407
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$486,400
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5309 Kenilworth Ave
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