14401 National Hwy Lavale, MD 21502

Property Details for 14401 National Hwy

Year built

1930

Lot size

1.58 lot acres

Property size

29,500 SF

Property type

Commercial real estate

Description

This exceptional commercial property, located at 14401-14423 National Highway in Lavale, Maryland, presents a compelling investment opportunity. Boasting over 400 feet of frontage on National Highway, one of the three highest traffic count roads in the area, this property ensures maximum visibility and accessibility for your business ventures. The 29,500 square foot building sits on a 1.58-acre lot and is zoned B-2, allowing for a diverse range of mixed-use applications. Currently configured as a nine-unit complex, it includes six commercial spaces and three residential units, providing flexibility and potential for diverse income streams. The property features ample parking, two convenient drive-in doors, and three garages, enhancing operational efficiency. Access is provided via both front and rear entrances. The property benefits from recently completed new paving. Financial options are available, with the owner potentially holding a mortgage at a 6.5% interest rate, subject to a satisfactory down payment, collateral, and credit review. Detailed financial projections and current income breakdowns are available in the provided documentation. This property's prime location, versatile zoning, and existing infrastructure make it an ideal investment for both seasoned and emerging entrepreneurs.