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Key Details
Sold Price $1,475,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 3,168 sqft
Price per Sqft $465
MLS Listing ID MDMC2028882
Sold Date 03/25/22
Originating Board BRIGHT
Year Built 1966
Annual Tax Amount $14,246
Tax Year 2021
Lot Size 8,608 Sqft
Acres 0.2
Property Description
The fee simple 3,1680 sf Mixed Use building interest in heart of Rockville.. This retail asset is perfect for a owner / occupant or opportunistic developer. The building has been self managed & leased by owner and offers a value add opportunity with under market value rents, the ability to reposition the rentable square footage on the existing leases and restructuring the retail leases to net leases. Zoned Mixed-Use Corridor District Zone(MXCD) it allows for medium density development of retail, office and residential uses. Do not disturb current tenant. The owner is reviewing all offers by January 17, 2022.
Location
State MD
County Montgomery
Zoning MXCD
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Heat Source Natural Gas
Exterior
Garage Spaces 13.0
Water Access N
Accessibility Other
Total Parking Spaces 13
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Montgomery County Public Schools
Others
Tax ID 160400144934
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Claude Al Charbonneau • Compass
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