For Sale
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Property summary
This exceptional mixed-use property at 363 Main Street in Laurel, MD, presents a unique investment opportunity. Boasting 4,656 square feet on a 0.09-acre lot, this three-story building offers high visibility from its Main Street location, enhanced by awning signage. Ample parking is available both on-site and directly in front of the building, ensuring convenient access for customers and tenants. The main level features a retail space with large storefront windows, two bathrooms, and a convenient stairway leading to the lower level. This lower level offers additional space ideal for storage or expansion of the retail area. The second floor provides a separate street entrance, perfect for use as a residential apartment or office space, encompassing three bedrooms and two full bathrooms. Significant upgrades were completed just four years ago, including new water and gas lines, a furnace, air conditioning system, and flooring, representing a substantial value-add for the new owner. This meticulously maintained property is ready for immediate occupancy and presents a compelling opportunity for a savvy investor seeking a high-return, mixed-use asset in a thriving location. The asking price is $1,200,000.
Property profile
VerifiedCap rate & NOI
Current use
-
Restaurant
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
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Laurel market rent, vacancy and expense benchmarks for this use type.
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
LAUR · Laurel, MDZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for LAUR in Laurel, MD.
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Find the owner behind the property.
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