For Sale
$700,000

204 Banjo Ln Centreville, MD 21617

Multi-tenant warehouse, strong income.

Overview

Added:
Dec 11, 2024
Days on market:
137
This 7,198 square foot Class C warehouse, located at 204 Banjo Ln, Centreville, MD 21617, presents a compelling investment opportunity. Built in 1978, the property boasts eight units with a remarkable 93% occupancy rate, generating immediate income potential through short-term gross leases. The exceptional zoning allows for versatile tenant use, enhancing the property's adaptability and long-term value. Situated in Queen Anne's County, this multi-tenant building offers on-site parking and benefits from a strong leasing history. The asking price is $700,000. This well-maintained property provides a sustainable investment in the industrial/flex space market, promising continued success and growth. The property's strategic location and high occupancy rate make it an attractive option for investors seeking a stable and profitable asset. The property is zoned C-1.

Highlights

  • Strong leasing history.
  • Exceptional C-1 zoning allowing versatile tenant use.
  • On-site parking.

Property Details for 204 Banjo Ln

Property type
Warehouses, Industrial properties
Square Feet
7,198 SF
Class
C
Year Built
1978

Location Insight

City
Centreville
County
Queen Anne's
State
Maryland
Latitude
39.0452537
Longitude
-76.0627719

FAQs

What type of property is this?
Warehouse - Multi-tenant warehouse, strong income.
Where is the warehouse located?
The property is located at 204 Banjo Ln Centreville, MD.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Strong leasing history.; Exceptional C-1 zoning allowing versatile tenant use.; On-site parking.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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204 Banjo Ln
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