Address
21720 Great Mills Road Lexington Park, MD
Price
$ 797,500
Property Attributes
  • MLS#1009907208
  • TypeCommercial
  • CountySAINT MARYS
  • CityLexington Park
  • NeighborhoodESPERANZA SHOPPING CENTER
  • Zip20653
  • Style
  • Year Built1950
  • Taxes6816
  • Price$ 797,500
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage8000
  • Lot Size2,614 SqFt
Listing Provided Courtesy Of:
O Brien Realty
Property Description

Sale of a rare building with a Nail Salon and Beauty Spa downstairs, and 7 apartments upstairs. The property is located at the top of Great Mills Rd near PAX River NAS. Steady rental income, convenient location near shopping, restaurants, access to professional services. Utilities separately metered, parking on site next to building. There are two deeds, each with its own tax ID and address: 21720 and 21722. Three year average CAP rate is 8.09%, making this a great buy! New Regency Furniture Store being built next door. Pre-qualified Buyers only. Seller is ready to make a deal!

Price History
10/10/2018 Listed $950,000
2/5/2019 6% - $897,500
4/16/2019 12% - $797,500

General Features

Acceptable Financing Exchange, Cash
Accessibility 32 + wide Doors
Building Features Display Window, Signage Allowed
Business Type Other
Construction Materials Concrete
Cool Fuel Electric
Cooling Heat Pump(s), Window Unit(s)
County SAINT MARYS
Current Use Commercial, Mixed, Multi Residential, Retail
Electric 120/240V
Facing Direction North
Flooring Concrete, Wood
Heating Heat Pump(s)
Historic Y/N No
Legal Subdivision ESPERANZA SHOPPING CENTE
New Construction No
Ownership Fee Simple
Parking Features Surface, Unassigned
Possession Settlement
Price Per Sq Ft 99.69
Property SubType Five Or More Units
Property Type Commercial Sale
PropertyCondition Very Good
Real Estate Owned Y/N No
Roof Rubber
Section 4
Security Features Main Entrance Lock
Sewer Public Sewer
Subdivision Name ESPERANZA SHOPPING CENTER
Tax Year 2018
Topography Level
Total Units 9
Trash Expense 1080.00
Utilities Cable TV Available, Phone Available, Sewer Available, Water Available
Vacation Rental Y/N No
Water Access Y/N No
Zoning MXM
Zoning Description Commercial

Interior Features

Central Air Y/N No
Clear Span Ceiling Height 8' to 10'
Heating Fuel Electric
Heating Y/N Yes
Hot Water Electric

Exterior Features

Building Area Total 8000.00
Car Parking Spaces 15
Fencing Y/n No
Inclusions Parking Included In ListPrice
Lot Size Acres 0.06
Lot Size Area 2600
Lot Size Source Assessor
Lot Size Square Feet 2600.00
Navigable Water Y/N No
Road Surface Type Access - On Grade, Approved, Paved
Roadresponsibility State, Public
Topography Description Level
Total Parking Spaces 15
Type of Parking Driveway
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 20653

Price
AVG $410K
$800K
Taxes
AVG $4,472
$6,816
Visits
AVG 68
21
Year Built
AVG 1964
1950
Walkscore
AVG 39
62
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.

Areas We Cover