349 MAIN St, Laurel, MD 20707
Two-story mixed-use building with prime corner visibility and flexible zoning.
- 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
Listing agent Coni L Otto (240) 483-7556
Listing office LONG & FOSTER REAL ESTATE, INC. (240) 483-7556
Listing date Apr 24, 2026
Source Elliman
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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
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Laurel
- County
- Anne Arundel
- State
- Maryland
- Longitude
- -76.846006
- Latitude
- 39.1052833