Property profile

14811 Broadway St Midland, MD 21532

OFF-MARKET
Commercial real estate
4,260 SF 0.18 ac lot Built 1900
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Property summary

AI-generated overview

This exceptional investment opportunity encompasses two properties located in Midland, MD, offering a unique blend of residential and commercial income streams. The main property, situated at 14811 N Broadway St, boasts 4,260 square feet and includes three sizable apartments, generating substantial rental income. In addition, a fully operational pub is included, complete with all fixtures, furniture, and a Class D license, ensuring immediate revenue generation. The second property, located at 14835 Main St, comprises four separate rental units, each featuring two bedrooms, one bathroom, a kitchen, and a living room with original hardwood floors. These units also benefit from private off-street parking. Further enhancing the investment potential is the inclusion of an additional parcel of land, representing half of the parking lot directly across the street from the pub. This provides ample parking for both the pub and the residential units. The properties are being sold in "as-is" condition, presenting a unique opportunity for an investor to add value and customize the properties to their specifications. The combined properties sit on a 0.18-acre lot. The asking price for this lucrative package is $199,000.

Property profile

Verified
Property type Commercial real estate
Year built 1900
Total area 4,260 SF
Lot 0.18 ac (7,841 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Bar & Pub

Location

14811 Broadway St Midland, MD 21532
Midland metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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