For Sale
$720,000

959 National HwyLa Vale, MD 21502

High-traffic, 5,939 SF, two-unit building.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional mixed-use property, located at 959 National Hwy in La Vale, Maryland, presents a compelling investment opportunity. The property, built in 1977, encompasses a substantial 5,939 square feet across two buildings situated on a 0.6-acre lot. The asking price is $720,000, translating to $121.23 per square foot. The property boasts 17 paved parking spaces and is zoned A, offering significant flexibility for various commercial uses. Its prime location on National Highway ensures high visibility and traffic, surrounded by thriving businesses including banking, retail, medical, and service establishments. The building features two units, each with a unique layout. Each unit includes an office, a back room with exterior access, two bathrooms, a kitchenette, a utility room, and storage space. Large open spaces with removable partitions allow for adaptable configurations to suit diverse business needs. One unit is currently leased for $1,900 per month, while the second unit is vacant, presenting immediate income potential and the opportunity to increase rental revenue. The property's accessibility features include handicap accessibility and prominent signage on National Highway. The Allegany County location, with APN 0129018979 and zip code 21502, offers easy access to major transportation routes and a strong local market. This property is ideal for investors seeking a high-return, multi-use asset in a vibrant commercial area.

Highlights

  • Asking price: $720,000
  • Mixed-use property totaling 5,939 square feet, priced at $121.23 per square foot
  • Built in 1977, featuring two buildings on a 0.6-acre lot with 17 parking spaces
  • Located at 959 National Hwy, La Vale, MD 21502, Allegany County (APN: 0129018979) with A zoning.

Property Details for 959 National Hwy

Property type
Mixed-use properties
Square Feet
5,939 SF
Year Built
1977
Buildings
2
Lot Size (sq. ft)
26,136 SF

Location Insight

City
La Vale
County
Allegany
State
Maryland
Latitude
39.6448968
Longitude
-78.8225582
959 National Hwy, La Vale, Maryland

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959 National Hwy
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