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    Mixed-Use Corner Building with Parking Title is generated by Realmo AI

    349 MAIN ST, Laurel, MD 20707

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    Claim this Listing
    For Sale
    $1,100,000

    Commercial/Industrial - LAUREL, MD

    Property size:
    4,400 SF
    Lot size:
    0.17 Acres
    Price / SF:
    $250/SF
    Added:
    Feb 15, 2026
    Days on Market:
    120
    Last Refresh:
    Jun 15 at 1:06 pm

    Property Features for 349 MAIN ST

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking features
    Driveway, On Street, Parking Lot
    Standard status
    Active
    Size
    4,400 SF
    Lot size
    0.17 Acres

    Taxes and HOA fees

    Tax Annual Amount
    11218.42

    Utilities

    Heating system
    Central, Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1915
    Building materials
    Aluminum Siding, Block
    Architectural style
    Other

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    Listing Contact
    Coni L Otto

    Listing agent Coni L Otto

    Listing office Greater Silver Spring 12520 Prosperity Drive, MD

    Listing date Feb 15, 2026

    MLS# MDPG2191904 Listing URL

    Copyright © 2026 Long & Foster Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    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 mixed‑use building.
    • Opportunity to occupy one level and lease additional space for supplemental income.
    • Rear on‑site parking and convenient access to major commuter routes between Washington, DC and Baltimore.
    • Located amongst established restaurants, shops, and neighborhood businesses, creating steady foot traffic.

    Overview

    349 Main Street, Laurel, MD 20707 presents a two-story, approximately 4,400 square foot mixed-use building with corner presence along Historic Downtown Laurel. The layout is designed to support owner-occupancy on one level while leasing additional space on the other, giving flexibility for businesses that want to offset operating costs with nearby tenant income.

    The property sits on a 0.17-acre lot and includes rear on-site parking. It is surrounded by established restaurants, shops, and neighborhood businesses, supporting a storefront-and-service environment. Access to major commuter routes between Washington, DC and Baltimore is also described as convenient.

    Zoned C-V, the building is positioned for a wide range of retail, office, and service uses. That mix can work well for professional offices, boutique retail, salon/spa concepts, café operators, or other service-based businesses seeking to operate from their own location in a walkable, downtown setting.

    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.
    Property Profile 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
    -76.8460615
    Latitude
    39.105253

    FAQs

    What type of property is this?
    Mixed-use property - Two-story building with rear on-site parking and C-V zoning for retail, office, and service uses.
    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 mixed‑use building.
    More about this property
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