131 Rollins Ave - Medical CONDO FOR SALE


Rockville, MD 20852- Central Rockville
$350,000 USD
571-271-6604
131 Rollins Ave, Rockville, MD for Sale
$350,000 USD
Medical CONDO - FOR SALE
1/14
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131 Rollins Ave
Rockville, MD 20852
Central Rockville


HIGHLIGHTS

  • Rehab opportunity requiring substantial buildout
  • Just off Rockville Pike with 63,000 VPD
  • Minutes from I-270, Exit 4
  • Surrounded by Wegmans, Trader Joe’s, Target, Panera Bread, and Silver Diner
  • Strong value-add opportunity in an established Rockville commercial corridor

OVERVIEW

Shout out to investors looking for a distressed property to flip: Rehab opportunity requiring substantial buildout at 131 Rollins Avenue, Rockville, just off Rockville Pike with exposure to 63,000 vehicles per day and quick access to I-270, Exit 4. Surrounded by major retail destinations including Wegmans, Trader Joe’s, Target, Panera Bread, and Silver Diner, World Market, Matchbox, Micro Center and Woodmont Country Club, this property offers a strong value-add opportunity in one of Rockville’s most established commercial corridors. Sale includes two units (#3-131 & #3A-131), Condo fee $463/Mo and tax $6254/year, Property Sold AS-IS

FOR SALE DETAILS

PRICE

$350,000 USD

PRICE/SF

$228 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

1,870 SF

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

0.89 AC

LAND SF

38,887 SF

ZONING

C2

APN/PARCEL ID

04-02516938,04-02516951

ASK ABOUT THIS PROPERTY

Deniz Senyurt, CCIMColdwell Banker Commercial RealtyMore Info
571-271-6604

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Deniz Senyurt, CCIMColdwell Banker Commercial RealtyMore Info
571-271-6604

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