389 Main Street
Laurel, MD 20707
MLS #PG9672899

    Est. P&I payment: $3418.29/mo
    389 Main Street, Laurel, MD 20707
    Description for 389 Main Street, Laurel, MD 20707
    You can have your cake and eat it too!! Add your own business, or simply keep as a money making investment that still has lots of room to grow.Please do not disturb the tenants.Tenancy is month to month. Building is set up as a mini-mall on the 1st.floor anchored by a thrift store on the 2nd. Basement is rented for storage. Excellent cash flow. Incls. separately deeded 6500 sq.ft. commercial lot.
    MLS #PG9672899
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    My Notes for MLS #PG9672899

    General Features

    • Property Type: Commercial
    • Comm Industrial Type: C-Store,​Flex Space,​Office,​Retail,​Salon,​Warehouse,​Sublease,​Storage,​Restaurant,​Parking
    • Zoning Code: CG

    Exterior Features

    • Exterior: Stucco,​Stone,​Brick
    • Stories: 3
    • Lot Area Acre: 0.221534
    • Lot Size Area: 9,650
    • Water Front: N
    • Parking: Basement Garage,​Private 11+ Spaces,​Prk Space Cnvys

    Interior Features

    • Gross SQFT: 15,650
    • Net SQFT: 15,650
    • Walls Ceilings: 9'+ Ceilings

    Utilities Features

    • Cooling Fuel: Electric
    • Heating Fuel: Oil
    • Heating: Steam,​Programmable Thermostat
    • Hot Water: Electric
    • Sewer Septic: Public Sewer
    • Water: Public

    Financial Features

    • Price Per Square Foot: 57
    • Total Taxes: 14,109.64
    • Total Taxes Payment Freq: Annually
    • City Town Tax: 4,936.54
    • City Town Tax Payment Freq: Annually
    • County Tax: 6,330.78
    • County Tax Payment Freq: Annually
    • Tax Year: 2015
    • Improvement Assessment Amount: 425,900
    • Improvement Assessment Payment Freq: Annually
    • Land Assessment Amount: 241,200
    • Land Assessment Payment Freq: Annually
    • Total Assessment: 667,100
    • Total Assessment Payment Freq: Annually
    • Assessment Year: 2016
    • Refuse Fee: 1,684.12
    • Special Tax Assessment: 1,425.04
    • Special Tax Assessment Payment Freq: Annually
    • Gross Income: 66,000
    • Monthly Gross Rent: 5,500
    • Expenses: 16,000

    Community Features

    • City: 10000043923
    • County: Prince Georges
    • HOA: N
    • Vacation Home: N
    • Advertised Subdivision: AMEY SUB CONSLDTN
    • Tax Legal Subdivision: AMEY SUB CONSLDTN

    Misc Features

    • Security: Security System,​Smoke Detector,​Surveillance Sys,​Spkler Sys-indoor,​Motion Detectors,​Monitored
    • Year Built: 1915
    • Occupied: Yes
    • Vacancy Factor: 30
    • Tenancy: Month-to-Month Lease(s)
    • Auction: N
    • Foreclosure: N
    • Potential Short Sale: No


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    The listing information for 389 Main Street, Laurel, MD 20707 was graciously provided by our friends at the listing brokerage, Classic Realty, Ltd.

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    P&I Payment $3418.29
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    Last Updated 04/24/2018 at 6:48pm
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