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401 Washington Boulevard S Laurel, MD $ 1,630,000
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$ 1,630,000 Get more info
401 Washington Boulevard S
$ 1,630,000
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Share Save

401 Washington Boulevard S

Laurel, MD, 20707
$ 1,630,000
Baths0.0 Sq 23,958

Monthly Estimate*

$ 10,833

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Studio

Commercial Property for sale in Laurel, MD

for $1,630,000. This 23,958 square foot building was built in 1963 on a lot size of 0.33.

401 Washington Blvd comprises 3 parcels totaling +/- 0.55-acres, zoned C-G, and is improved with an existing +/- 4,620 sf retail storefront. The adjoining +/- 1,200 sf vacant space is prime with potential to lease for additional income or expand a business operation. The current tenant is on a month - month lease term. 401 Washington Boulevard presents an enticing opportunity for an end user to flourish in an established submarket. The property is located along the bustling Route 1 corridor and convenient to Fort Meade, Eastern Howard County, and the Laurel Race Track. An ideal location for an investor or owner/user, the property surrounds complimentary retail, restaurants, and the nearby Laurel MARC Station.

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Commercial Pending

Price

$ 1,630,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 11,698

Style

Lot Size

0.33

Year Built

1963

Town/City

Laurel

County/Region

Prince Georges

MLS | Web ID

MDPG2102164
Features
Interior
Heating Fuel Other
Hot Water Other
Heating Y/N Y
Street Suffix BOULEVARD
Central Air Y/N N
Total Restrooms 3
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General
Sewer Public Sewer
Heating Other
Cooling Other
Possession Other
Zoning C-G (CITY OF LAUREL)
Security Features Monitored Exterior Cameras
Construction Materials Masonry
Year Built 1963
View Street
Property SubType Retail
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Other
Municipality Laurel
Business Type Other
Accessibility Doors - Lever Handle(s)
County PRINCE GEORGES
New Construction N
Property Type Commercial Sale
Possible Use Clothing Automotive Convenience Store Day Care Dry Cleaner Funeral Home Barber/Beauty Car Wash Retail
Water Access Y/N N
Status PENDING
Directions Located at the corner of Laurel Avenue & Washington Blvd (Rt. 1)
City LAUREL
Buyer Agent Compensation 2
Zoning Description Commercial General
Total Units 1
Lot Size Square Feet 14475.00
Waterfront Y/N N
Street Name WASHINGTON
Tax Annual Amount 11698.0
Price Per Sq Ft Total 352.81
Vacation Rental Y/N N
Days on Market 46
Standard Status Pending
Year Built Source Assessor
Legal Subdivision LAUREL
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee N
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Exterior
Water Source Public
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 4620.00
Lot Size Acres 0.33
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 361800.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 401
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* Excluded Features
List By
Hogan Companies Residential

Broker

mdorsey@hogancompanies.com

Email

Affordability Calculator

$11,808
Per Month
92%
8%
0%
Monthly Principal & Interest
$10,833
Monthly Property Taxes
$975
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/27/2024$1,630,000 Listed Price

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401 Washington Boulevard S, Laurel, MD, 20707 is a Commercial Property for sale at $1,630,000 with 23,958 sqft and a lot size of 0.33. 401 Washington Boulevard S is a studio with 0.0 baths and was built in 1963. The property's zip code is 20707 which is in Laurel, MD

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