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105 Centennial St, Unit 301 La Plata, MD 20646

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For Sale
$839,000

Office/retail condominium unit in La Plata, MD for sale.

Lot size:
0.11 Acres

Property Features for 105 Centennial St

General Information

Standard status
Active
Lot size
0.11 Acres

Building Details

Year built
2007

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Listing Contact
Anne M Hooper
Source: Corcoran

Listing Agency: HOOPER & ASSOCIATES Listing Agent: Anne M Hooper

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

La Plata Office/Retail Condo

This office/retail condominium unit, approximately 4,795 square feet, is located on the first floor in the heart of La Plata, Maryland. The floor plan includes a private office, two 2-stall restrooms, an open floor area with a sales counter, and an outdoor patio. The space features three entrances to the exterior parking area and one entrance onto the patio. The property is in close proximity to the Charles County Courthouse, Charles Regional Medical Center, Charles County Government Offices, and La Plata Town Hall. Currently leased by Meridian Gym until July 31, 2028, with a negotiated three-year renewal term. The estimated Net Operating Income (NOI) for 2025 is $72,930, which includes a 5% vacancy rate. The lease is a NNN lease.
Location Intelligence

Current Use by Public Records

Fitness centers & gyms

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

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

Similar Places Nearby

Coal Road CrossFit, Zentral Station, eQuillibrium Fitness, Meridian Fitness Club, La Plata Wellness Center

Location Insight

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  • Local Demand
City
La Plata
County
Charles
State
Maryland
Longitude
-76.979544
Latitude
38.5273973

FAQs

What type of property is this?
Fitness center & gym - Office/retail condominium unit in La Plata, MD for sale.
Where is this fitness center & gym located?
The property is located at 105 Centennial St, Unit 301 La Plata, MD.
What is the asking price?
The asking price for this property is $839,000.
What are key features of this property?
This property features: - Over 8.5% CAP Rate investment opportunity.; - NNN Lease in place until July 31, 2028, with a three (3) year renewal option.; - Estimated NOI (2025) = $72,930 (Includes 5% Vacancy Rate).
More about this property
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