5309 Kenilworth Ave - Office FOR SALE


Riverdale, MD 20737- East Riverdale
$425,000 USD
301-674-5550
5309 Kenilworth Ave, Riverdale, MD for Sale
$425,000 USD
Office - FOR SALE
1/32
null | Request Cap Rate

5309 Kenilworth Ave
Riverdale, MD 20737
East Riverdale


HIGHLIGHTS

  • INVESTMENT ALERT: LISTED BELOW ASSESSED AND APPRAISED VALUES
  • East Riverdale-Beacon Heights Sector Plan
  • STRATEGIC REDEVELOPMENT POTENTIAL

OVERVIEW

INVESTMENT ALERT: LISTED BELOW ASSESSED AND APPRAISED VALUES, UNBEATABLE VALUE. This is a phenomenal opportunity to purchase a highly visible, freestanding commercial building (over 3,000 SQFT) on the bustling Kenilworth Avenue (MD-201) corridor. Currently used for tax preparation (formerly a real estate office), the property is arguably the BEST LOCATION IN THE COUNTY for unparalleled regional access (near RT. 50, RT. 495, and RT. 295), making it ideal for professional or medical use. For investors and developers, the site offers STRATEGIC REDEVELOPMENT POTENTIAL for its HIGHEST AND BEST USE; it is located in a key focus area of the East Riverdale-Beacon Heights Sector Plan, supporting high-density, mixed-use development along this major transit corridor. Capital improvements include a replaced roof and a new HVAC system (both 2012).

FOR SALE DETAILS

PRICE

$425,000 USD

PRICE/SF

$187 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,593 SF

ZONING

CO

APN/PARCEL ID

19-2126407

ASK ABOUT THIS PROPERTY

Ronald GolanskyRE/MAXMore Info
301-674-5550

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Ronald GolanskyRE/MAXMore Info
301-674-5550

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