1068 National Hwy La Vale, MD 21502
- Commercial real estate
- 13,072 SF
- 0.91 lot acres
Current Use by Public Records
- Moen James R MD / Family Practice Physician
- Bassin' Box / Sporting Goods Store
- Steppin' Out School of Dance / Dance School
- Country Road Primitive Home Decor by Kimberly / Craft Store / Amish Furniture Store
Property Details for 1068 National Hwy
- Year built
- 1962
- Lot size
- 0.91 lot acres
- Property size
- 13,072 SF
- Property type
- Commercial real estate
- APN
- 0129003181
Description
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.
Value Estimation
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Location Insight
- Map
- Local Demand
- City
- La Vale
- County
- Allegany
- State
- Maryland
- Longitude
- -78.8273016
- Latitude
- 39.6399416
