UPDATED:
11/02/2024 07:26 PM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 2,300 sqft
Price per Sqft $271
Subdivision Mount Rainier
MLS Listing ID MDPG2123972
Originating Board BRIGHT
Year Built 1937
Annual Tax Amount $5,316
Tax Year 2024
Lot Size 1,625 Sqft
Acres 0.04
Property Description
Recently triple net leased to a fast-casual restaurant, Bro's J., through 2029, the Property is fully code compliant with City and County code and the occupant/tenant possesses all those valid use and occupancy permits as well as food endorsements. This is a leased investment with the occupant's commercial lease running through 2029, with annual escalations and minimal ongoing responsibility for a new owner, except maintenance of the roof and structural components of the Property.
The building is served with 3-phase power, natural gas and municipal water and sewer. The updated kitchen features a new hood and exhaust system, grease trap, and multiple triple and hand sinks as well as one 1/2 bath on each level.
Vintage 1930’s tin ceilings on the main level and original skylight and bay windows provide great light. Zoning is L-MUTC, which permits a wide variety of commercial uses.
The property is located off of Rhode Island Avenue and proximate to retailers, restaurants, City Hall, bu stops, and close to the MD / DC line at Eastern Avenue. The local area is serviced by WMATA Metro Bus lines with access to Metro’s Green Line.
Location
State MD
County Prince Georges
Zoning RSF65
Interior
Hot Water Natural Gas
Heating Central
Cooling Central A/C
Flooring Concrete, Hardwood, Other
Heat Source Natural Gas
Exterior
Utilities Available Electric Available, Cable TV Available, Natural Gas Available, Phone, Sewer Available, Water Available, Under Ground, Other
Waterfront N
Water Access N
Roof Type Asphalt,Flat
Street Surface Paved
Accessibility Level Entry - Main
Road Frontage City/County
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Prince George'S County Public Schools
Others
Tax ID 17171919133
Ownership Fee Simple
SqFt Source Assessor
Security Features Security System
Special Listing Condition Standard
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Marc DiFrancesco
Real Estate Advisor & Licensed Agent | License ID: 2183327
Real Estate Advisor & Licensed Agent License ID: 2183327