900 Montgomery St - Office FOR SALE


Laurel, MD 20707
$1,550,000 USD
202-318-6800
900 Montgomery St, Laurel, MD for Sale
$1,550,000 USD
Office - FOR SALE
1/6
null | Request Cap Rate

900 Montgomery St
Laurel, MD 20707


HIGHLIGHTS

  • Delivered Vacant | Owner-User Optionality
  • Corner Location Directly Across from Alice B. McCullough Field
  • Attractive High Ceilings | Up to 13’1” on 1st Level & 16’5” on 2nd Level
  • Located in a HUBZone | Incentives for Contractors & More
  • Durable Construction | Reinforced Concrete Between 1st Level & Sublevel

OVERVIEW

Feldman Ruel is pleased to offer for sale 900 Montgomery Street, a historic, three-level former firehouse converted to office and community space in Laurel, Maryland. The 6,677-square-foot subject property is located less than one-quarter mile from Laurel's Historic Main Street and will be delivered vacant at closing. Originally constructed in 1891, 900 Montgomery Street boasts a rich history, having once housed The Phelps and Shaffer Co., Laurel’s first department store, and later serving as headquarters for the Laurel Volunteer Fire Department. From 1954 to 1972, it functioned as Laurel’s City Hall, police headquarters, and jail, reflecting its long-standing civic significance. Fully renovated in 2008, the interior features high ceilings and exposed brick, creating a distinctive and inspiring space. The subject property also features 40 210W solar panels producing peak capacity of 8.40 kW, which may substantially offset electric usage costs through SREC's (Solar Renewable Energy Certificates) offered by the State of Maryland. In addition, 900 Montgomery Street benefits from a nonexclusive parking easement across 9th Street at Alice B. McCullough Park, providing convenient access for staff and visitors. The subject property offers an exceptional opportunity for an organization seeking a unique headquarters or community space with character and historical charm.

FOR SALE DETAILS

PRICE

$1,550,000 USD

PRICE/SF

$207 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1891

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,675 SF

ZONING

CN

APN/PARCEL ID

10-1071745

ASK ABOUT THIS PROPERTY

Brandon CardwellFeldman RuelMore Info
202-318-6800

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Brandon CardwellFeldman RuelMore Info
202-318-6800

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