601 7th St - Office CONDO FOR SALE


Laurel, MD 20707
$235,000 USD
443-618-2585
601 7th St, Laurel, MD for Sale
$235,000 USD
Office CONDO - FOR SALE
1/63
null | Request Cap Rate

601 7th St
Laurel, MD 20707


HIGHLIGHTS

  • Great Location
  • Plenty of natural light

OVERVIEW

Position your business for success in this well-maintained office condominium located in a mixed-use building in Prince George's County and governed by the City of Laurel's zoning regulations. The zoning allows for a wide variety of commercial uses, including professional offices, medical and healthcare practices, salons and spas, general retail, flex business uses, daycare facilities (subject to applicable approvals), and religious assembly, making this an excellent opportunity for both owner-users and investors. Ideally situated just minutes from historic downtown Laurel, the property offers exceptional accessibility with immediate access to Route 198 and U.S. Route 1, and is only a short drive to Interstate 95, providing convenient connections to Washington, D.C., Baltimore, and the surrounding metropolitan area. The thoughtfully designed suite features: Three private offices Welcoming reception area and waiting room Kitchenette/break area Abundant natural light throughout The layout is especially well-suited for medical, healthcare, counseling, legal, accounting, insurance, or other professional office users. This property is also for lease. The professionally managed building offers secure access with an elevator, controlled entry after business hours, and a unique mixed-use environment featuring office and retail space on the first three floors with residential condominiums above. Ample parking and a convenient location make this an ideal setting for clients, patients, and employees alike. Whether you're expanding your practice, relocating your business, or seeking an investment in a growing corridor, this flexible office condo offers an outstanding opportunity in one of Laurel's most convenient commercial locations.

FOR SALE DETAILS

PRICE

$235,000 USD

PRICE/SF

$181 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Park Place

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

20,400 SF

STORIES

4

BUILDING CLASS

B

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

0.86 AC

LAND SF

37,462 SF

ZONING

LAUR

APN/PARCEL ID

10-3840113,10-3840204,10-3840212

ASK ABOUT THIS PROPERTY

Sam TannerThe Entrusted Group at KW CommercialMore Info
443-618-2585

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Sam TannerThe Entrusted Group at KW CommercialMore Info
443-618-2585

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