7105 Allentown Road Fort Washington, MD $ 3,999,000
7105 Allentown Road
$ 3,999,000
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7105 Allentown Road

Fort Washington, MD, 20744
$ 3,999,000
Baths0.0 Sq 6,700

Monthly Estimate*

$ 27,934

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Studio

Commercial Property for sale in Fort Washington, MD

for $3,999,000. This 6,700 square foot building was built in 1969 on a lot size of 0.69.

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.

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Commercial Active

Price

$ 3,999,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 11,564

Style

Vet/Kennel,Supermarket/Grocery Store,Shopping Cent

Lot Size

0.69

Year Built

1969

Town/City

Fort Washington

County/Region

Prince Georges

MLS | Web ID

MDPG2071636

Features
Interior
Heating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Y
Street Suffix ROAD
Central Air Y/N Y
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General
Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Possession Settlement
Zoning CGO
Security Features Electric Alarm Exterior Cameras Fire Detection System Main Entrance Lock Monitored Motion Detectors Security System Smoke Detector Sprinkler System - Indoor
Construction Materials Brick Concrete
Year Built 1969
Property SubType Retail
Tax Year 2024
Percent Ownership Fee Simple
Cool Fuel Electric
Business Type Vet/Kennel Supermarket/Grocery Store Shopping Center Restaurant/Bar Religious Facility Professional Parking Lot Other/General Retail Medical Institutional Health Club Hair Salon and Spa Garden Center
Accessibility Level Entry - Main Ramp - Main Level
County PRINCE GEORGES
New Construction N
Property Type Commercial Sale
Possible Use Barber/Beauty Beer/Wine/Liquor Clothing Commercial Convenience Store Day Care Drive-Thru Driving Range Dry Cleaner Financial Flex Space Florist/Nursery Food & Beverage Food Market Institutional Inves
Water Access Y/N N
Status ACTIVE
Directions Corner lot @ intersection of Temple Hill Rd. and Allentown Rd.
City FORT WASHINGTON
Buyer Agent Compensation 2
Total Units 1
Lot Size Square Feet 29966.00
Waterfront Y/N N
Street Name ALLENTOWN
Tax Annual Amount 11564.0
Property Condition Very Good
Price Per Sq Ft 595.98
Lease Considered Y/N N
Vacation Rental Y/N N
Days on Market 361
Location Type Corner Lot/Unit
Standard Status Active
Year Built Source Assessor
Legal Subdivision PADGETTS CORNER
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee N
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Exterior
Parking Features Handicap Parking Paved Parking Private Surface
Water Source Public
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 6710.00
Lot Size Acres 0.69
Road Surface Type Paved
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 299600.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 7105
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* Excluded Features
List By
Giant Realty, Inc.

Broker

toprealtorkim@gmail.com

Email

Affordability Calculator

$28,898
Per Month
97%
3%
0%
Monthly Principal & Interest
$27,934
Monthly Property Taxes
$964
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% 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
Pricing History
DatePricePrice ChangeDescription
2/16/2024$3,999,000 Listed Price

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7105 Allentown Road, Fort Washington, MD, 20744 is a Commercial Property for sale at $3,999,000 with 6,700 sqft and a lot size of 0.69. 7105 Allentown Road is a studio with 0.0 baths and was built in 1969. The property's zip code is 20744 which is in Fort Washington, MD