2242 Old Washington Rd - Veterinarian/Kennel FOR SALE


Waldorf, MD 20601
$150,000 USD
301-706-4619
2242 Old Washington Rd, Waldorf, MD for Sale
$150,000 USD
Veterinarian/Kennel - FOR SALE
1/12
null | Request Cap Rate

2242 Old Washington Rd
Waldorf, MD 20601


HIGHLIGHTS

  • ABSOLUTE $1 AUCTION | Washington D.C. MSA | 4,372 SF Freestanding Retail Building | AUCTION JULY 13-15
  • ±4,372 SF Value-Add Retail/Office (Former Veterinary Clinic and Boarding Facility) on 0.46-Acres available at Significant Discount Below Replacement
  • ±88,583 VPD Traffic Counts on Crain Hwy and Direct Access on Old Washington Road with 7,872 VPD
  • Neighboring National Retailers: Lowe’s, Sam’s Club, Home Depot, Walmart, CVS, Burger King, Costco, Target, numerous QSRs, and more
  • Affluent Demographics with 5-Mile Population of ±91,259 People with Annual Household Income of $131,545
  • Zoned Community Commercial (CC) allowing Flexibility and a Variety of Permitted Uses

OVERVIEW

Marcus & Millichap is pleased to present the opportunity to acquire a vacant, free-standing retail/office property located at 2242 Old Washington Road in Waldorf, MD 20601 (the “Property”). Formerly occupied by a veterinary clinic and boarding facility, the Property is being offered significantly below replacement cost, presenting an attractive opportunity for both owner-users and investors to acquire a high-visibility asset situated within a well-trafficked commercial corridor. FIRST BID MEETS RESERVE! Originally constructed in 1978, the Property consists of a ±4,372 square feet building situated on a ±0.46 acres (±19,950 SF). The site provides 14 parking spaces and partially fenced rear area. Positioned along Old Washington Road, the site benefits from traffic counts of 7,872 vehicles per day and one block east of Crain Highway with traffic counts of 88,583 vehicles per day. The Property includes a highly functional animal care buildout with exam rooms, treatment and surgical areas, kennel/boarding rooms, grooming/laundry support space, offices, reception, and a fenced rear yard, making it well suited for an owner-user, veterinary operator, medical/service provider, or adaptive reuse. Located along Old Washington Road in Charles County’s largest commercial and residential hub, the asset benefits from proximity to Washington, D.C., strong household incomes, and a growing suburban consumer base. Zoned Community Commercial (CC), the Property can accommodate a wide variety of retail, office, service, and community-oriented uses, further enhancing its flexibility and long-term investment appeal. Waldorf, Maryland is a well-established Southern Maryland submarket within commuting distance of Washington, D.C. (±30-miles), offering investors access to a large suburban consumer base in one of the region’s more affluent markets. Located in Charles County, Waldorf benefits from strong household incomes, continued mixed-use growth along Route 301(aka Crane Hwy) and Route 5 corridor, and expanding commercial investment that reinforces its role as the county’s primary retail and service hub. Charles County is part of the Washington DC metro area and one of Maryland’s most affluent markets, while major projects like Waldorf Station (proposed site 0.7-miles from Property) highlight ongoing retail, office, hotel, and residential development momentum. The area benefits from proximity to several major big box retail demand drivers, including J Lowe’s, Sam’s Club, Home Depot, Walmart, CVS, Burger King, Costco, Target, BJ’s Wholesale Club, and numerous others. The surrounding trade area is supported by ±34,575 residents within a 3-Mi radius and ±91,259 residents within a 5-Mi radius, with average household incomes of approximately $124,369 and $131,545, respectively, providing a stable consumer base for retail and service-oriented businesses.

FOR SALE DETAILS

PRICE

$150,000 USD

PRICE/SF

$68 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

$1 Auction – 4,372 SF Retail Building

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Veterinarian/Kennel

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

CC

APN/PARCEL ID

06-085997

ASK ABOUT THIS PROPERTY

Adam SklaverMarcus & MillichapMore Info
301-706-4619

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

Adam SklaverMarcus & MillichapMore Info
301-706-4619

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