Property summary
This exceptional retail storefront opportunity, located at 601 Crain Hwy S in Glen Burnie, Maryland, is priced at $599,900. The property boasts a generous 4,500 square feet of net rentable space, ideal for a variety of retail uses. Currently vacant, this presents a blank canvas for a new business to establish its presence in a high-traffic area just south of Glen Burnie's center and a block from 5th Avenue. The property includes cold storage and additional storage space, making it particularly well-suited for businesses requiring these features, such as plumbing, electrical, or HVAC contractors. The property sits on a sizable 24,351 square foot lot and consists of three buildings, offering flexibility for expansion or diverse uses. The C3 zoning permits a range of commercial activities. The asking price translates to $133.31 per square foot. This is a prime opportunity for an investor or business owner seeking a well-located, versatile commercial property in a thriving area of Anne Arundel County, Maryland (zip code 21061). The property's existing structures could be renovated to create office space, further enhancing its potential. This is a rare chance to acquire a substantial retail space with significant storage capacity in a highly visible location.
Property profile
VerifiedCap rate & NOI
Current use
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Big Box & Wholesale Store Food Market
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
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C3 · Glen Burnie, MDZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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