For Sale
$1,250,000

5051 Greenbelt Rd College Park, MD 20740

Prime Retail Building, High Traffic Area

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
139
This exceptional two-story retail building, located at 5051 Greenbelt Road in College Park, Maryland, presents a compelling investment opportunity. Boasting 2,400 square feet of retail space spread across two floors, this property is priced at $1,250,000, or $331.25 per square foot. The building underwent renovations in 2015 and sits on a 0.19-acre lot providing ample space. Conveniently located with excellent visibility, the property benefits from high traffic volume, with 40,101 vehicles passing daily. Access to Kenilworth Avenue and Route 1 ensures easy accessibility for customers and employees. The property includes 20 parking spaces for customer convenience. The building is zoned CSC and features an additional 900 square feet of warehouse space currently leased to a separate tenant. The current owner is open to negotiating lease terms for the entire property or considering a sale-leaseback arrangement. This presents a unique opportunity to acquire a well-maintained, high-traffic retail property in a desirable location. The property's strong location and existing lease provide a solid foundation for immediate income generation and future growth potential. Don't miss this chance to own a piece of College Park's thriving commercial landscape.

Highlights

  • 2,400 SF retail space on two floors.
  • 900 SF leased warehouse space.
  • 8,080 SF lot.
  • 20 parking spaces.
  • Owner financing options available (negotiable terms and sale-leaseback considered).
  • Prime two-story retail building with high visibility.

Property Details for 5051 Greenbelt Rd

Property type
Retail properties
Square Feet
2,400 SF
Year Renovated
2015
Stories
2
Lot Size (sq. ft)
8,276 SF

Location Insight

City
College Park
County
Prince George's
State
Maryland
Latitude
38.9978758
Longitude
-76.923635

FAQs

What type of property is this?
Retail property - Prime Retail Building, High Traffic Area
Where is the retail property located?
The property is located at 5051 Greenbelt Rd College Park, MD.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 2,400 SF retail space on two floors.; 900 SF leased warehouse space.; 8,080 SF lot.
How can I contact the broker?
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5051 Greenbelt Rd
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