For Lease
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Property summary
This exceptional retail opportunity presents 1,100 square feet of vacant space within a larger 31,206 square foot multi-tenant commercial building situated on a 1.33-acre lot at 3171-3191 Queens Chapel Rd in Prince George's County. The building, constructed in 1948, is classified as Class B and zoned MXT, offering significant potential for a variety of retail uses. The available space is part of a bustling shopping center, enjoying high visibility and foot traffic due to its proximity to established businesses. While previously used as a dry cleaner, the space boasts impressive 18-foot ceilings and presents a blank canvas for adaptive reuse. The property's location ensures convenient access for customers and employees alike. This is an ideal opportunity for entrepreneurs seeking a well-located retail space with significant upside potential. While some renovation and plumbing work may be required, the substantial square footage and prime location make this a highly attractive investment. The property's size and zoning provide flexibility for a range of retail concepts. Don't miss this chance to establish your business in a thriving commercial area.
Property profile
VerifiedCap rate & NOI
Current use
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(Bike/Boat/Book/etc) Store Cosmetic Store
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
LTOE · Mount Rainier, MDZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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