1068 National HwyLa Vale, MD 21502
- Retail properties
- 13,072 SF
Property Details for 1068 National Hwy
- Year built
- 1962
- Lot size
- 0.91 AC
- Property size (Sq ft)
- 13,072 SF
- Property type
- Retail properties
- Property subtype
- Mixed-use properties
Description
This exceptional mixed-use property, located at 1068 National Highway in La Vale, Maryland, presents a compelling investment opportunity. The 13,072 square foot building, constructed in 1962, sits on a 0.91-acre lot (APN 0129003181) and offers a blend of commercial and residential space. Currently featuring eight units, including three vacant commercial spaces and three residential units, the property boasts significant potential for diverse uses. The existing tenants include businesses focused on outdoor sports, crafts, and dance. The building benefits from high visibility and traffic on National Highway, with ample paved parking for 22 vehicles. Its location is further enhanced by its proximity to a thriving commercial area, including banks, retail stores, medical facilities, and other service businesses. The property is zoned B and offers handicap accessibility. The asking price is $600,000, translating to $45.90 per square foot. This fee simple ownership opportunity is ideal for investors seeking a high-traffic location with diverse income streams and significant upside potential. The property's size and location make it an attractive option for a variety of commercial and residential uses. The listing term begins August 2nd, 2024.
Location Insight
- City
- La Vale
- County
- Allegany
- State
- Maryland
- Latitude
- 39.6399
- Longitude
- -78.8273
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- 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.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].