3900 38th St - Office/Residential FOR SALE


Brentwood, MD 20722
$925,000 USD
202-318-6800
3900 38th St, Brentwood, MD for Sale
$925,000 USD
Office/Residential - FOR SALE
1/5
null | Request Cap Rate

3900 38th St
Brentwood, MD 20722


HIGHLIGHTS

  • 2-Level Mixed-Use Property | Includes 2-Bay Garage with 12-Foot Ceiling Heights
  • Ideal for Partial-Users or Investors | 57% Occupied with Mostly MTM Tenants
  • 193 Feet of Combined Street Frontage | Traffic Count of 10,000+ VPD
  • Located in the Gateway Arts District | 0.5 Miles from Washington, D.C.

OVERVIEW

Feldman Ruel is pleased to offer for sale 3900 38th Street, a 5,676-square-foot mixed-use property in Brentwood, Maryland configured for retail/office, industrial, and multifamily use. The subject property is zoned LMUTC, which allows a broad range of commercial uses. Situated on a corner with parking along a busy thoroughfare, 3900 38th Street is ideally positioned for small business operators seeking the opportunity to generate additional income by leasing a portion of the subject property. A partial user or investor can enhance revenue by leasing the first level at a market-rate NNN rent, reconfiguring the oversized multifamily units for higher returns, and exploring the potential to expand the second level above the single-level industrial space. 3900 38th Street is located one half-mile from Washington, D.C. in the Gateway Arts Corridor, where grants and incentives are available for arts-related uses.

FOR SALE DETAILS

PRICE

$925,000 USD

PRICE/SF

$162 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Showroom

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

LMUTC

APN/PARCEL ID

17-1933399

ASK ABOUT THIS PROPERTY

Hannah McCannFeldman RuelMore Info
202-318-6800

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Hannah McCannFeldman RuelMore Info
202-318-6800

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