28420 Point Lookout Rd - Freestanding FOR SALE


Leonardtown, MD 20650
$540,000 USD
301-861-9431
28420 Point Lookout Rd, Leonardtown, MD for Sale
$540,000 USD
Freestanding - FOR SALE
1/5
null | Request Cap Rate

28420 Point Lookout Rd
Leonardtown, MD 20650


HIGHLIGHTS

  • Mixed-Use Investment or Owner-User Opportunity with a 3,845 SF commercial building on a 29,620 SF parcel.
  • Prime Visibility just off Point Lookout Road with flexible VMX zoning allowing a variety of commercial uses.
  • Flexible Layout can be divided into up to three retail bays, ideal for multiple tenants or business operations.
  • Additional Income Stream from the existing rental house located at the rear of the property.
  • Built-In Rental Income Potential with owner willing to lease back approximately one-third of the commercial space.
  • Business Acquisition Opportunity with the option to purchase the existing business as part of the sale

OVERVIEW

Mixed-use investment or Owner-user opportunity offering 3,845 SF commercial building on a 29,620 SF parcel with prime visibility just off Point Lookout Road. Zoned VMX, this versatile property accommodates a wide range of commercial uses and can be demised into three separate retail bays, creating excellent flexibility for owner-users or investors seeking multiple income streams. The property also includes an income-producing rental home located at the rear of the site, providing immediate cash flow. For investors, the current owner is willing to lease back approximately one-third of the commercial building, offering built-in rental income after closing. Alternatively, the property can be delivered for an owner-user seeking to occupy the entire commercial space. For buyers looking to expand an existing operation or step into an established business, the current business may also be included in the sale, if desired.

FOR SALE DETAILS

PRICE

$540,000 USD

PRICE/SF

$140 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

SO MD Hearth & Home

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1924

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.68 AC

LAND SF

29,621 SF

ZONING

VMX

APN/PARCEL ID

03-003868

ASK ABOUT THIS PROPERTY

Courtney PhippsHyatt CommercialMore Info
301-861-9431

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Courtney PhippsHyatt CommercialMore Info
301-861-9431

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