26367 Point Lookout Rd - Storefront Retail/Office FOR SALE


Leonardtown, MD 20650
$599,000 USD
240-298-3896
26367 Point Lookout Rd, Leonardtown, MD for Sale
$599,000 USD
Storefront Retail/Office - FOR SALE
1/30
null | Request Cap Rate

26367 Point Lookout Rd
Leonardtown, MD 20650


OVERVIEW

Property is located on Rt. 5 in Leonardtown, adjacent to a major shopping center, Shops at Breton Bay. Property is in the heart of the commercial district, directly across from Leonardtown Ford and just to the south of Mr. Tire. Current Use is residential. Single family home with 3 bedrooms, two baths and a full walkout basement. Home is full brick and masonry, in good condition. Basement is partially finished with walk-out door. Commercial buyer may use home as residential rental unit until plans to build new commercial are approved and ready for construction. Or may wish to use home for commercial purposes. Home is suitable for conversion to professional space, medical space, retail space, or other potential commercial uses. Property currently has two entrances from Rt. 5, providing excellent access. Property fronts Rt. 5 and is visible both north and south bound. Property is not within the incorporated Town of Leonardtown, therefore it follows the zoning rules of St. Mary's County. However, it is only a few feet outside the town limits. The commercial district extends to the north and south of this property. Buyer should confirm commercial use type with County.

FOR SALE DETAILS

PRICE

$599,000 USD

PRICE/SF

$230 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1964

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.1 AC

LAND SF

47,879 SF

ZONING

RCL

APN/PARCEL ID

03-017575

ASK ABOUT THIS PROPERTY

Thomas McKayBerkshire Hathaway | PenFed RealtyMore Info
240-298-3896

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Thomas McKayBerkshire Hathaway | PenFed RealtyMore Info
240-298-3896

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