Homes for sale - 7105-7109 ALLENTOWN RD, Fort Washington, MD 20744 ...

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$3,999,000

Est. payment - /mo

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6,710 SqFt

Active

7105-7109 ALLENTOWN RD Fort Washington, MD 20744

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Skip Tolley

skip@captainwaterfront.com +1(410) 935-7500

UPDATED:

11/01/2024 03:29 AM

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 6,710 sqft

Price per Sqft $595

MLS Listing ID MDPG2071636

Originating Board BRIGHT

Year Built 1969

Annual Tax Amount $17,924

Tax Year 2024

Lot Size 0.688 Acres

Acres 0.69

Property Description

Back to the market Prime Location, 2021 Totally Renovated and Strong Net Income of $240K /Year w NNN Lease for 20 years. Actual Address is 7105 & 7109 Allentown Rd. Fort Washington MD. "Invest in Success" : Corner Property at the High Traffic Intersection near 2 big shopping center and McDonald and Gas station etc. Welcome to your next investment opportunity. This prime property is located at the busy intersection of Allentown Road & Temple Hill Rd. with high traffic flow and great visibility. Its strategic location makes it a highly desirable destination for businesses, attracting customers from all around area. This property has been renovated 2 years ago to meet modern standards, with upgraded features that include new HVAV systems, new electric system and a newly paved parking lot etc. These upgrades and NNN Lease will reduce the maintenance cost dramatically for the new owner. The property generates an impressive net Rent income of $240,000 per year. This steady stream of income will come from the well qualified single tenant with 20 year long-term lease. Don't miss out on this rare opportunity to own a highly profitable property with outstanding prospects for future development.

Location

State MD

County Prince Georges

Zoning CGO

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Heat Source Natural Gas

Exterior

Garage Spaces 45.0

Water Access N

Street Surface Paved

Accessibility Level Entry - Main, Ramp - Main Level

Total Parking Spaces 45

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Prince George'S County Public Schools

Others

Tax ID 17121304732

Ownership Fee Simple

SqFt Source Assessor

Security Features Electric Alarm,Exterior Cameras,Fire Detection System,Main Entrance Lock,Monitored,Motion Detectors,Security System,Smoke Detector,Sprinkler System - Indoor

Special Listing Condition Standard

Listed by Jin Young Kim • Giant Realty, Inc.