120 2nd St - Office/Residential FOR SALE


Laurel, MD 20707
$1,295,000 USD
240-813-9344
120 2nd St, Laurel, MD for Sale
$1,295,000 USD
Office/Residential - FOR SALE
1/38
null | Request Cap Rate

120 2nd St
Laurel, MD 20707


OVERVIEW

ONE Street Commercial Properties is proud to present this new listing. Introducing a prime investment opportunity at 120 Second Street, Laurel, MD. This beautifully renovated 5,616 SF building, constructed in 1900 and modernized in 2020, boasts 6 units, ideal for a discerning Multifamily / Low-Rise/Garden investor. Zoned CG and strategically located in the sought-after Laurel area, this property offers a lucrative rental potential and a strong foundation for long-term growth. Don't miss the chance to add this exceptional asset to your portfolio and capitalize on the thriving real estate market. This property includes 5 residential units, 1 commercial unit, and 22 parking spaces. Building has special zoning exemption. Situated on RT 1 where 30,000 cars pass by each day. Highlights: 30,000 Traffic Count 5 residential units & 1 commercial space 22 parking spaces Renovated in 2020 Zoned CG 100% occupancy

FOR SALE DETAILS

PRICE

$1,295,000 USD

PRICE/SF

$346 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

CG

APN/PARCEL ID

10-1088178

ASK ABOUT THIS PROPERTY

Kevin BrandesSamson Commercial Properties, Broker | ONE StreetMore Info
240-813-9344

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Kevin BrandesSamson Commercial Properties, Broker | ONE StreetMore Info
240-813-9344

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.