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Investment Highlights
- Delivered Vacant | Owner-User Optionality
- Attractive High Ceilings | Up to 13’1” on 1st Level & 16’5” on 2nd Level
- Durable Construction | Reinforced Concrete Between 1st Level & Sublevel
- Corner Location Directly Across from Alice B. McCullough Field
- Located in a HUBZone | Incentives for Contractors & More
Executive Summary
Feldman Ruel is pleased to offer for sale 900 Montgomery Street, a historic, three-level former firehouse converted to office and community space in Laurel, Maryland. The 6,677-square-foot subject property is located less than one-quarter mile from Laurel's Historic Main Street and will be delivered vacant at closing. Originally constructed in 1891, 900 Montgomery Street boasts a rich history, having once housed The Phelps and Shaffer Co., Laurel’s first department store, and later serving as headquarters for the Laurel Volunteer Fire Department. From 1954 to 1972, it functioned as Laurel’s City Hall, police headquarters, and jail, reflecting its long-standing civic significance. Fully renovated in 2008, the interior features high ceilings and exposed brick, creating a distinctive and inspiring space. The subject property also features 40 210W solar panels producing peak capacity of 8.40 kW, which may substantially offset electric usage costs through SREC's (Solar Renewable Energy Certificates) offered by the State of Maryland. In addition, 900 Montgomery Street benefits from a nonexclusive parking easement across 9th Street at Alice B. McCullough Park, providing convenient access for staff and visitors. The subject property offers an exceptional opportunity for an organization seeking a unique headquarters or community space with character and historical charm.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
6,677 SF
Building Class
B
Year Built/Renovated
1891/2008
Price
$1,550,000
Price Per SF
$232.14
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
2,226 SF
Slab To Slab
12’
Building FAR
1.43
Lot Size
0.11 AC
Zoning
CN
Parking
10 Spaces (1.5 Spaces per 1,000 SF Leased)
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Walk Score®
Very Walkable (81)
Property Taxes
| Parcel Number | 10-1071745 | Improvements Assessment | $1,073,700 |
| Land Assessment | $100,000 | Total Assessment | $1,173,700 |
Property Taxes
Parcel Number
10-1071745
Land Assessment
$100,000
Improvements Assessment
$1,073,700
Total Assessment
$1,173,700
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900 Montgomery St
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