1068 National HwyLa Vale, MD 21502

This exceptional mixed-use property, located at 1068 National Highway in La Vale, Maryland, presents a compelling investment opportunity. The 13,072 square foot building, constructed in 1962, sits on a 0.91-acre lot (APN 0129003181) and offers a blend of commercial and residential space. Currently featuring eight units, including three vacant commercial spaces and three residential units, the property boasts significant potential for diverse uses. The existing tenants include businesses focused on outdoor sports, crafts, and dance. The building benefits from high visibility and traffic on National Highway, with ample paved parking for 22 vehicles. Its location is further enhanced by its proximity to a thriving commercial area, including banks, retail stores, medical facilities, and other service businesses. The property is zoned B and offers handicap accessibility. The asking price is $600,000, translating to $45.90 per square foot. This fee simple ownership opportunity is ideal for investors seeking a high-traffic location with diverse income streams and significant upside potential. The property's size and location make it an attractive option for a variety of commercial and residential uses. The listing term begins August 2nd, 2024.