719 Md Rt 3 Ln Gambrills, MD 21054
- Office Properties & Spaces
- 1,632 SF
Current Use by Public Records
- Office Properties & Spaces
Property Details for 719 Md Rt 3 Ln
- Year built
- 1930
- Property size
- 1,632 SF
- Property type
- Office Properties & Spaces
- Property subtype
- Mixed-use properties
Description
This 1,632 square foot mixed-use property, located at 719 MD Rt 3 N Ln in Gambrills, Maryland, 21054, presents a unique investment opportunity. The building, constructed in 1930, sits on a sizable 18,445 square foot lot and is zoned C2, offering considerable flexibility for a variety of commercial uses. Currently configured as residential space with a living room, formal dining room, full kitchen, three bedrooms, and one bathroom, the property requires renovations and cosmetic upgrades. This three-story building offers significant potential for redevelopment or repurposing to suit a wide range of business needs. Its prime location on the busy Route 3 highway ensures high visibility and accessibility, with convenient access to major highways. The asking price is $589,997, translating to $361.52 per square foot. This represents a strong value proposition for an investor seeking a property with significant upside potential in a desirable commercial zone. The solid structure provides a strong foundation for a future business venture. Don't miss this chance to acquire a property with excellent visibility and development potential in a thriving area.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Gambrills
- County
- Anne Arundel
- State
- Maryland
- Longitude
- -76.6595
- Latitude
- 39.0517
