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7030 Carroll Ave 5,711 SF Vacant Retail Building Takoma Park, MD 20912 $1,250,000 ($218.88/SF)
Investment Highlights
- Delivered Vacant | Full- or Partial-User Opportunity
- Retail/Service, Office, and Limited Residential Uses Allowed
- On-Site Parking for Approximately 10 Vehicles
- Located in the Heart of Takoma Park’s Business District | 0.3 Miles from the Takoma Metro Station”
Executive Summary
Feldman Ruel is pleased to offer for sale 7030 Carroll Avenue, a mixed-use property centrally located in the vibrant commercial district of Takoma Park, Maryland. The subject property consists of four levels, currently configured as retail on the first level and office on the second level, with storage on the sublevel, third level, and attached garage. 7030 Carroll Avenue includes a front yard and a rear parking lot. The subject property’s Neighborhood Retail (NR) zoning allows a broad range of commercial uses and limited residential use. Delivered vacant, it presents a rare opportunity for an investor, or full or partial user, in one of the most distinctive neighborhoods adjacent to Washington, D.C.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
5,711 SF
Building Class
C
Year Built
1922
Price
$1,250,000
Price Per SF
$218.88
Percent Leased
Vacant
Tenancy
Multiple
Building Height
4 Stories
Building FAR
0.74
Lot Size
0.18 AC
Zoning
NR - Neighborhood Retail
Parking
10 Spaces (1.75 Spaces per 1,000 SF Leased)
Frontage
35’ on Carroll St
Moderately walkable
70/100
Very drivable
80/100
Strong public transit
80/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 13-01072358 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $617,167 |
Property Taxes
Parcel Number
13-01072358
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$617,167
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7030 Carroll Ave
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