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    Multi-Tenant Retail Buildings Title is generated by Realmo AI

    210 Main Street, Laurel, MD 20707

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    Two-building, 100%-occupied retail property with shared surface parking and a month-to-month beauty salon lease.

    Type:Retail
    Property size:
    8,483 SF
    Price / SF:
    $159/SF
    Added:
    Jun 12, 2026
    Days on Market:
    9
    Last Refresh:
    Jun 20 at 5:09 am

    Property Features for 210 Main Street

    General Information

    Standard status
    Active
    Size
    8,483 SF
    Property subtype
    Retail

    Building Details

    Year Built
    1900

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    Listing Contact
    Brandon Cardwell

    Listing agent Brandon Cardwell License #MD SP400001955

    Listing office Feldman Ruel

    Listing date Jun 12, 2026

    Source Crexi

    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 Feldman Ruel

    HighLights

    • Two‑building retail property with 100% occupancy and five retail units currently leased
    • Shared surface parking lot used by all tenants
    • Building 1 offers three retail units: Angie's Fashion (2 units) and PHD Salon (1 unit)
    • Building 2 includes two retail units leased under a single lease to Dulce Tentacion Paleteria
    • PHD Salon lease is month‑to‑month and described as below‑market rent
    • Located at the signalized intersection of U.S. Route 1 and Laurel’s Historic Main Street (Historic District No. 1)

    Overview

    Washington & Main is a 100%-occupied, multi-tenant retail property comprised of two buildings and a shared surface parking lot. Building 1 includes three retail units, with two occupied by Angie's Fashion and one occupied by PHD Salon. Building 2 contains two retail units, each occupied under a single lease. One tenant operates Dulce Tentacion Paleteria on the first level with specialty Latin desserts, and also operates a beauty salon on the second level.

    The property is located at the signalized intersection of U.S. Route 1 and Laurel’s Historic Main Street within Historic District No. 1. The shared parking field serves tenants across both buildings, supporting straightforward customer access for the on-site retail uses.

    For buyers seeking an income-producing retail asset, the current occupancy is fully leased, with lease structure details that may support operational flexibility. PHD Salon’s lease is month-to-month and is stated to be at a below-market rent, while the remaining tenants are in place under their existing arrangements. The mix of storefront retail units and the shared parking configuration may appeal to retailers, service operators, and investors looking to manage multiple unit relationships within one ownership.

    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 $183.2k $21.60
    − Vacancy −$11.7k −$1.38
    EGI $171.5k $20.22
    − OpEx −$51.5k −$6.07
    NOI $120.1k $14.15
    8,483 SF · lease $21.60/SF/yr · vacancy 6.39% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $1.72M
    $1.50M – $2.00M (±1% cap)
    NOI $120,067 @ 7.0% cap · market cap 8.89%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $2.48M
    $2.17M – $2.90M (±1% cap)
    NOI $173,705 @ 7.0% cap · market cap 12.87%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Laurel
    County
    Anne Arundel
    State
    Maryland
    Longitude
    -76.8434764
    Latitude
    39.103591

    FAQs

    What type of property is this?
    Retail space - Two-building, 100%-occupied retail property with shared surface parking and a month-to-month beauty salon lease.
    Where is this retail space located?
    The property is located at 210 Main Street Laurel, MD.
    What is the asking price?
    The asking price for this property is $1,350,000.
    What are key features of this property?
    This property features: Two‑building retail property with 100% occupancy and five retail units currently leased; Shared surface parking lot used by all tenants; Building 1 offers three retail units: Angie's Fashion (2 units) and PHD Salon (1 unit)
    More about this property
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