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18028 Maugans Ave Maugansville, MD 21767

Sponsored
For Sale
$1,295,000

Thriving 7-Suite Plaza, I-81 Access

Property size:
8,770 SF

Description

Added:
Feb 3, 2025
Days on Market:
353
This exceptional, well-maintained commercial plaza in Maugansville, MD, presents a prime investment opportunity. Located on a 0.78-acre lot at 18028 Maugans Avenue, this 8,770 square foot property boasts a highly visible location just half a mile from Interstate 81, ensuring excellent accessibility and high traffic volume. The plaza is zoned BG (Business General) and features seven designated suites, each equipped with its own electric meter, water heater, and heat pump, providing efficient utility management for both owner and tenants. Ample parking is available with 35 spaces. Currently fully leased to four different tenants with a mix of lease terms, this property offers immediate cash flow. The building consists of two sections: the left half, which was rebuilt in 1990, and the right half, added in the same year. County taxes only apply, minimizing overhead costs. This is a rare opportunity to acquire a stable, income-generating property in a thriving commercial area. The property's strategic location and well-maintained condition make it an attractive investment for discerning buyers seeking a strong return on investment. The existing tenant base provides a solid foundation for future growth and potential rental increases. Don't miss this chance to own a piece of Maugansville's commercial landscape.

Property Features for 18028 Maugans Ave

General Information

Property type
Retail properties
Square Feet
8,770 SF
Lot Size
33,977 SF

Building Details

Year Built
1990

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Listing Contact
Shirley Bayer

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Property Insight Report

Property Profile Location Intelligence

Current Use by Public Records

Retail properties

Suggested Use

Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Maugansville
County
Washington
State
Maryland
Longitude
-77.7467
Latitude
39.6931

FAQs

What type of property is this?
Retail property - Thriving 7-Suite Plaza, I-81 Access
Where is this retail property located?
The property is located at 18028 Maugans Ave Maugansville, MD.
What is the asking price?
The asking price for this property is $1,295,000.
More about this property
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