This exceptional mixed-use property, located at 959 National Hwy in La Vale, Maryland, presents a compelling investment opportunity. The property, built in 1977, encompasses a substantial 5,939 square feet across two buildings situated on a 0.6-acre lot. The asking price is $720,000, translating to $121.23 per square foot. The property boasts 17 paved parking spaces and is zoned A, offering significant flexibility for various commercial uses. Its prime location on National Highway ensures high visibility and traffic, surrounded by thriving businesses including banking, retail, medical, and service establishments. The building features two units, each with a unique layout. Each unit includes an office, a back room with exterior access, two bathrooms, a kitchenette, a utility room, and storage space. Large open spaces with removable partitions allow for adaptable configurations to suit diverse business needs. One unit is currently leased for $1,900 per month, while the second unit is vacant, presenting immediate income potential and the opportunity to increase rental revenue. The property's accessibility features include handicap accessibility and prominent signage on National Highway. The Allegany County location, with APN 0129018979 and zip code 21502, offers easy access to major transportation routes and a strong local market. This property is ideal for investors seeking a high-return, multi-use asset in a vibrant commercial area.
Highlights
Asking price: $720,000
Mixed-use property totaling 5,939 square feet, priced at $121.23 per square foot
Built in 1977, featuring two buildings on a 0.6-acre lot with 17 parking spaces
Located at 959 National Hwy, La Vale, MD 21502, Allegany County (APN: 0129018979) with A zoning.
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Steve MacGray
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959 National Hwy, La Vale, Maryland, 21502
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The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
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959 National Hwy
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