9213 Baltimore Ave, College Park, MD 20740

$1,400,000

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List Price: $1,400,000
MLS#: MDPG2211890
Year Built: 1944
Status: ACTIVE
Type: Commercial
County: Prince Georges

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Property Description

Discover a prime investment or Owner operated opportunity with this well-maintained Mixed use commercial property built in 1944, situated on a 0.18-acre lot. The property has a retail space operated as Tobacco/Vape store and a studio apartment in the back with separate private entrances. The retail store is currently leased at a rent of $ 5000/month with a lease term ending in December, 20230 but can be delivered vacant. The good condition of the building ensures minimal immediate renovation costs, allowing for a quicker return on investment. With ample parking options, including a driveway and a carport, this property is easily accessible, enhancing its appeal to potential tenants or customers. The strategic business district location offers significant foot traffic potential. The absence of an association fee means lower overhead costs, maximizing your profit margins. This property is not just a building; it's a canvas for your investment vision. With the right strategy, you can capitalize on the growing demand for commercial spaces in the area. Don't miss out on the chance to secure a valuable asset that promises both stability and growth potential in your investment portfolio. Act now to explore the possibilities this property has to offer! Similar mixed-use property at 9205 Baltimore Ave., MDPG2216646 is also available for sale.

410-721-6694

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Additional Information

Cooling Fuel: Electric
Cooling: Ductless/Mini-Split
Heating Fuel: Natural Gas
Heating: Forced Air
Hot Water: Electric
Sewer Septic: Public Sewer
Water: Public
Tax Year: 2026
Possession: Settlement
Days on Market: 20
Acres: 0.18
Ownership: Fee Simple