132 Washington Boulevard S Laurel, MD ^$ 1,490,000

132 Washington Boulevard S

^$ 1,490,000

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132 Washington Boulevard S

Laurel, MD, 20707

^$ 1,490,000

Studio Baths0.0 Sq 5,488

Monthly Estimate*

^$ 9,903

132 Washington Boulevard S, Laurel, MD 20707 - Image 1

Studio

Commercial Property for sale in Laurel, MD

for $1,490,000. This 5,488 square foot building was built in 1920 on a lot size of 0.12.

Recently Renovated, New flat roof, new 8 unit HVAC, New Planum ceiling, new bathrooms, private rooms , food prep area,4,800 sq feet almost open space. back door for deliveries Current tenants are a Church with 3 years remaining on the initial term of lease. Annual rent is $94,000 per year , Cap rate 6%. Tenant pays all utilities. GREAT INVESTMENT! Weekday showing only!!!

Commercial Active

Price

^$ 1,490,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 5,619

Style

Banquet Facility/Lodge,Day Care Facility,Hair Sal

Lot Size

0.12

Year Built

1920

Town/City

Laurel

County/Region

Prince Georges

MLS | Web ID

MDPG2072978

Features

Interior

Heating Fuel Other Electric

Hot Water 60+ Gallon Tank

Heating Y/N Y

Street Suffix BOULEVARD

Central Air Y/N N

Total Restrooms 2

General

Sewer Public Sewer

Heating 90% Forced Air

Cooling Other

Possession Settlement

Zoning LAUR

Construction Materials Mixed

Year Built 1920

Electric 200+ Amp Service

Property SubType Retail

Tax Year 2024

Percent Ownership Fee Simple

Cool Fuel Electric

Municipality Laurel

Business Type Other Banquet Facility/Lodge Day Care Facility Hair Salon and Spa Medical Professional Religious Facility

Accessibility 2+ Access Exits 32 + wide Doors

County PRINCE GEORGES

New Construction N

Property Type Commercial Sale

Subdivision Name LAUREL

Possible Use Beer/Wine/Liquor Barber/Beauty Bar/Tavern/Lounge Church Convenience Store Day Care Dry Cleaner Investment Professional Service Retail

Water Access Y/N N

Status ACTIVE

Directions gps

City LAUREL

Buyer Agent Compensation 3

Zoning Description Commercial

Total Units 1

Lot Size Square Feet 5320.00

Waterfront Y/N N

Street Name WASHINGTON

Tax Annual Amount 5619.0

Property Condition Excellent

Price Per Sq Ft Total 271.5

Acceptable Financing Exchange Cash Contract

Historic Y/N N

Lease Considered Y/N N

Vacation Rental Y/N N

Days on Market 431

Location Type Downtown

Standard Status Active

Year Built Source Assessor

Legal Subdivision LAUREL

Tax Lot 12

Total Actual Rent 94000.00

Cap Rate 6.00

Buyer Agent Compensation Type % Of Gross

Association Recreation Fee N

Exterior

Water Source Public

Type of Parking On Street

Foundation Details Slab

Water View Y/N N

Building Area Total 5488.00

Lot Size Acres 0.12

Lot Size Units Square Feet

Lot Size Source Assessor

Land Assessed Value 191800.00

Navigable Water Y/N N

Water Oriented Y/N N

Internal Only

Street Number 1 132

* Excluded Features

List By

Long & Foster Real Estate, Inc.

Broker

dtroupos@hotmail.com

Affordability Calculator

$10,371

Per Month

Monthly Principal & Interest: $9,903
Monthly Property Taxes: $468
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Laurel, MD

Average List Price ^$1,146,875

Percent of Sale Price 23%

About Laurel, MD

28,936 Population

34% Since 2002

^$69,086 Median Income

37.37 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2136830 Elementary School

2137124 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/20/2023	$1,390,000		Listed Price

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132 Washington Boulevard S, Laurel, MD, 20707 is a Commercial Property for sale at $1,490,000 with 5,488 sqft and a lot size of 0.12. 132 Washington Boulevard S is a studio with 0.0 baths and was built in 1920. The property's zip code is 20707 which is in Laurel, MD

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BrightMLS Broker Reciprocity^SM program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Weichert, Realtors® participates, and is provided by BrightMLS through a licensing agreement.

Real estate listings held by brokerage firms other than Weichert, Realtors® are marked with the Broker Reciprocity icon (a little black house) and detailed information about each listing includes the name of the listing broker.

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132 Washington Boulevard S

Commercial Property for sale in Laurel, MD

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