374-376 Main Street
Laurel, MD 20707
The Offering
Summary
- List Price $725,000
- Product Subtypes Retal & Multifamily
- Occupancy - Retail 0%
- Occupancy - Multifamily 100%
- Gross Building Area 3,076 SF
- Lot Size 9,135 SF
- Zoning C-V
- On-Site Parking 19 Striped Spaces
Investment Summary
Feldman Ruel is pleased to offer for sale 374-376 Main Street, a two-level, 3,076-square-foot mixed use property with a retail space on the first level and two one-bedroom/one-bathroom multifamily units with private entrances on the second level. The retail space, historically utilized by a medical equipment retailer, will be delivered vacant at closing. The multifamily units are 100% occupied, with one unit's lease ending in January 2027, and the second unit month-to-month, both providing in-place cash-flow immediately upon purchase. The subject property is located along and near the center of Laurel's Historic Main Street, allowing a small business the advantage of vehicle and foot traffic while benefiting from the area’s historic charm.
Investment Highlights
• Partial-User or Investor Opportunity | Retail Unit Delivered Vacant
• Building Configuration Allows for the Retail Space to be Divided into 2 Units
• Multifamily Units are Fully Leased & 1 is Month-To-Month
• All Units Separately Metered for Electric, Gas, & Water
• Situated Along a Main Thoroughfare | 19 On-Site Parking Spaces
