1020 Prince Frederick Blvd Prince Frederick, MD 20678
- Office buildings
- 606 SF
- 0.84 lot acres
Current Use by Public Records
- Office buildings
Property Details for 1020 Prince Frederick Blvd
- Year built
- 2006
- Lot size
- 0.84 lot acres
- Property size
- 606 SF
- Zone code
- TC
- Property type
- Office buildings
- APN
- 02-085615
- APU
- 2085615
Description
This exceptional investment opportunity presents a three-story, 10,000-square-foot Class B office building situated on a 0.84-acre lot in the heart of Prince Frederick's Town Center. The property, built in 2006, features seven units currently occupied by nine tenants under a Net Lease agreement, offering a stable income stream. The net rentable area totals 6,400 square feet, with an asking price of $1,900,000, translating to $190 per square foot. The average rent per square foot is $16. The building boasts nicely finished professional offices, along with some unfinished space providing potential for future development or customization. Basement storage is also available, adding to the property's versatility. Convenient city water and sewer services are connected, and ample dedicated parking spaces are provided for tenants and visitors. The property is zoned for Town Center Office use, ensuring flexibility and potential for various commercial applications. This fee-simple ownership opportunity offers a strong return on investment in a thriving Maryland community. The property's address is 1020 N Prince Frederick Blvd, Prince Frederick, MD 20678, with APN 02-085615.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Prince Frederick
- County
- Calvert
- State
- Maryland
- Longitude
- -76.6039
- Latitude
- 38.5578
- CBSA code
- 47900
- CBSA name
- WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
