10401 Grosvenor Pl Rockville, MD 20852

Property Details for 10401 Grosvenor Pl

Year built

1979

Property size

1,090 SF

Property type

Investment properties

Description

This exceptional 1,090 square foot commercial condominium unit, located at 10401 Grosvenor Place NE Unit 1 in Rockville, MD, presents a unique investment opportunity. Situated within the Grosvenor Place Condominium development, this is one of only two commercial units, offering unparalleled access and visibility. The property boasts a highly desirable location with ample free parking and convenient access to the Metro, I-495, and I-270. Currently operating as a successful hair salon, the space features seven workstations, two wash stations, and the potential for chair rental income. The low monthly condo fee of $663 is significantly lower than most properties in Montgomery County. The unit benefits from a separate entrance and building access, ensuring easy client access. The building's location provides a captive audience of over 400 residents within the building and hundreds more within a five-minute walk, including the nearby Grosvenor Market and a dry cleaner. The current owner, a renowned hairstylist, is open to mentoring a new owner who wishes to continue the salon business. This turnkey operation is priced at $250,000, a non-negotiable price. Showings require one hour's notice. Please respect the current business during showings.