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    Mixed-Use Building in Downtown Laurel Title is generated by Realmo AI

    349 MAIN St, Laurel, MD 20707

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    For Sale
    $1,100,000

    Two-story mixed-use building with prime corner visibility and flexible zoning.

    Type:Commercial
    Property size:
    4,400 SF
    Lot size:
    0.17 Acres
    Price / SF:
    $250/SF
    Added:
    Apr 24, 2026
    Days on Market:
    52
    Last Refresh:
    Apr 24 at 4:38 pm

    Property Features for 349 MAIN St

    General Information

    Standard status
    Active
    Size
    4,400 SF
    Lot size
    0.17 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1915

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    Listing Contact
    Coni L Otto

    Listing agent Coni L Otto

    Listing office LONG & FOSTER REAL ESTATE, INC.

    Listing date Apr 24, 2026

    Source Elliman

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

    All listing content including descriptions, pricing, images are the copyrighted material of LONG & FOSTER REAL ESTATE, INC.

    HighLights

    • Prime corner location in Historic Downtown Laurel with strong Main Street presence.
    • Flexible C‑V zoning supports a wide range of retail, office, and service uses.
    • Approximately 4,400 square foot two‑story mixed‑use building.
    • Opportunity for owner‑occupancy with supplemental rental income potential.
    • High walk score (89) indicates convenient access to nearby amenities.
    • Rear on‑site parking available.

    Overview

    Located in the heart of Historic Downtown Laurel, this two-story mixed-use building at 349 Main Street offers approximately 4,400 square feet of space. The property benefits from prime corner visibility and a strong Main Street presence. Its flexible C-V zoning supports a wide range of retail, office, and service uses. The layout allows for owner occupancy of one level while leasing additional space for supplemental income. Situated on a 0.17-acre lot, the property includes rear on-site parking. It is surrounded by established restaurants, shops, and neighborhood businesses, contributing to steady foot traffic and a strong local presence. The location is ideal for professional offices, boutique retail, salon/spa concepts, café operators, or service-based businesses seeking to establish a long-term presence. The property offers convenient access to major commuter routes between Washington, DC, and Baltimore. The location has a walk score of 89, indicating it is very walkable, a bike score of 51, indicating it is bikeable, and a transit score of 44, indicating some transit options are available.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $95.0k $21.60
    − Vacancy −$6.1k −$1.38
    EGI $89.0k $20.22
    − OpEx −$26.7k −$6.07
    NOI $62.3k $14.15
    4,400 SF · lease $21.60/SF/yr · vacancy 6.39% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $889.7K
    $778.5K – $1.04M (±1% cap)
    NOI $62,277 @ 7.0% cap · market cap 5.66%
    Second Best
    Mixed Use
    $649.2K
    $568.0K – $757.4K (±1% cap)
    NOI $45,441 @ 7.0% cap · market cap 4.13%
    Theoretical Best
    Office A
    $1.29M
    $1.13M – $1.50M (±1% cap)
    NOI $90,098 @ 7.0% cap · market cap 8.19%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Basket Treats Bakery Myste Lounge Bar & Pub Total Recon Automotive ... Car Wash

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Laurel
    County
    Anne Arundel
    State
    Maryland
    Longitude
    -76.846006
    Latitude
    39.1052833

    FAQs

    What type of property is this?
    Mixed-use property - Two-story mixed-use building with prime corner visibility and flexible zoning.
    Where is this mixed-use property located?
    The property is located at 349 MAIN St Laurel, MD.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: Prime corner location in Historic Downtown Laurel with strong Main Street presence.; Flexible C‑V zoning supports a wide range of retail, office, and service uses.; Approximately 4,400 square foot two‑story mixed‑use building.
    More about this property
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