For Sale
$1,900,000

1020 Prince Frederick Blvd Prince Frederick, MD 20678

Prime Town Center location, 9-tenant office building.

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional investment opportunity presents a three-story, 10,000-square-foot Class B office building situated on a 0.84-acre lot in the heart of Prince Frederick's Town Center. The property, built in 2006, features seven units currently occupied by nine tenants under a Net Lease agreement, offering a stable income stream. The net rentable area totals 6,400 square feet, with an asking price of $1,900,000, translating to $190 per square foot. The average rent per square foot is $16. The building boasts nicely finished professional offices, along with some unfinished space providing potential for future development or customization. Basement storage is also available, adding to the property's versatility. Convenient city water and sewer services are connected, and ample dedicated parking spaces are provided for tenants and visitors. The property is zoned for Town Center Office use, ensuring flexibility and potential for various commercial applications. This fee-simple ownership opportunity offers a strong return on investment in a thriving Maryland community. The property's address is 1020 N Prince Frederick Blvd, Prince Frederick, MD 20678, with APN 02-085615.

Highlights

  • 2006 Construction
  • Nicely finished professional offices
  • Unfinished space available for future development
  • Basement storage
  • 10,000 square foot building on 0.84 acres
  • City water and sewer

Property Details for 1020 Prince Frederick Blvd

Property type
Retail properties, Office properties
Square Feet
10,000 SF
Class
B
Year Built
2006
Buildings
1
Stories
3
Lot Size (sq. ft)
36,590 SF
Units
7

Location Insight

City
Prince Frederick
County
Calvert
State
Maryland
Latitude
38.557774
Longitude
-76.6041285

FAQs

What type of property is this?
Retail property - Prime Town Center location, 9-tenant office building.
Where is the retail property located?
The property is located at 1020 Prince Frederick Blvd Prince Frederick, MD.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: 2006 Construction; Nicely finished professional offices; Unfinished space available for future development
How can I contact the broker?
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1020 Prince Frederick Blvd
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