OWNERS ARE READY TO PASS THE TORCH ON TO ANOTHER SUCCESSFUL BUSINESS/INVESTOR THRIVING IN THE LAUREL AREA. THIS IS A LUXURY 9 UNIT CONDO BUILDING WITH GREAT POTENTIAL OF MAKING LOTS OF MONEY OR TO RUN A BUSINESS IN A QUIET, PRISTINE, WELL KEPT, MANICURED BUILDING. THIS PROPERTY IS LOCATED NEAR LAUREL TOWN CENTRE - CONVENIENT TO ALL SHOPPING, DINING AND TRANSPORTATION. THIS BUILDING IS TOTALLY SECURED WITH DIGITAL PAD LOCKS
Buyer can occupy all or Seller is willing to lease back second floor. Three separate HVAC zones upstairs and two downstairs. All of the units have been replaced since 2002. Also added a propane powered backup generator wired to a circuit panel that supports a selective number of building lights and utilities. Two kitchens have refrigerators, microwaves and sinks. Second floor kitchen also has an electric stove. Four half bathrooms and one full bathroom (shower). The toilet on one upstairs bathroom was replaced this year. Building is wired for internet and building phones. A new commercial roof was installed in November, 2021. On the first floor a building modification with new internal entry door, office doors, carpet, select walls was done in 2018.
Highly visible retail location. On site and street front parking. Building has three levels of full height space. PLEASE DO NOT GO INTO THE RESTAURANT FOR ANY QUESTIONS. CALL LISTING AGENT DIRECTLY FOR APPOINTMENTS AND ANY QUESTIONS! THIS IS THE REAL ESTATE FOR SALE. Must see!! Mixed use, your best investment. Highly visible retail location with awning signage. On site and street front parking. Building has three levels of full height space. Many upgrades 4 years young, Water line, Gas line, Furnace, AC, Floors & many more. Main level retail has storefront windows with 2 bathrooms and entry stairway to Lower Level. Second floor has a separate street entry for the apartment or office space. 3 bedrooms, 2 full baths.
The median home value in Laurel, MD is $413,800. This is higher than the county median home value of $384,600. The national median home value is $338,100. The average price of homes sold in Laurel, MD is $413,800. Approximately 41.44% of Laurel homes are owned, compared to 51.52% rented, while 7.04% are vacant. Laurel real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Laurel real estate agent to arrange a tour today!
Laurel, Maryland 20707 has a population of 29,438. Laurel 20707 is more family-centric than the surrounding county with 29.6% of the households containing married families with children. The county average for households married with children is 26.76%.
The median household income in Laurel, Maryland 20707 is $85,615. The median household income for the surrounding county is $91,124 compared to the national median of $69,021. The median age of people living in Laurel 20707 is 35.6 years.
The average high temperature in July is 87.8 degrees, with an average low temperature in January of 23.7 degrees. The average rainfall is approximately 44.5 inches per year, with 13.2 inches of snow per year.