363 Main St, Laurel, MD 20707
For Sale
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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.
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Pho Viet 75 Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
LAUR · Laurel, MDLaurel. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.