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6960 Indian Head Hwy Bryans Road, MD 20616

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For Sale
$1,300,000

Fully leased retail property with long-term tenants and income.

Lot size:
0.53 Acres

Property Features for 6960 Indian Head Hwy

General Information

Standard status
Active
Lot size
0.53 Acres

Building Details

Year built
1962

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Listing Contact
Ming Qing Zheng
Source: Corcoran

Listing Agency: UNIONPLUS REALTY, INC. Listing Agent: Ming Qing Zheng

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

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Overview

Income-Producing Retail Investment Opportunity

This is an income-producing investment property featuring four units that are currently fully leased. Unit 1 is occupied by a Post Office, paying $3886 per month. Unit 2 is leased to Honey Bun Bakery with a monthly rent of $2575 until July 31, 2029, with a 3% annual rent increase. Unit 3 is occupied by a Barbershop, paying $1600 per month until December 31, 2027. Unit 4 is leased to a Salon, with a monthly rent of $1000 until November 30, 2027. The Post Office (Unit 1) is responsible for all utility payments. For Units 2, 3, and 4, the tenants cover all utilities except for Water/Sewer, where the landlord pays the first $40 of each quarterly water/sewer bill, with the remaining balance allocated among the Honey Bun Bakery, Barber shop, and Salon tenants. Parking is available behind the building. The property is being sold As-Is.
Location Intelligence

Current Use by Public Records

Storefront properties

Suggested Use

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

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

Location Insight

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  • Local Demand
City
Bryans Road
County
Charles
State
Maryland
Longitude
-77.0747164
Latitude
38.6268973

FAQs

What type of property is this?
Storefront property - Fully leased retail property with long-term tenants and income.
Where is this storefront property located?
The property is located at 6960 Indian Head Hwy Bryans Road, MD.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: - Income-producing property with four units currently leased.; - Leased to established tenants including a Post Office and Honey Bun Bakery.; - Honey Bun Bakery lease includes annual 3% rent increases.
More about this property
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