2309 Mountain Road - Availability Details

For Sale$1,700,000

2309 Mountain Road, Pasadena, MD 21122

  • Mixed Use

Details

  • Sale Price $1,700,000
  • City Pasadena
  • Zip Code 21122
  • Market Sacramento
  • Property Type Mixed Use
  • Property Size 1.37 Acre
  • Lot Size 1.37 Acre
  • Parking Spaces Avail. 40
  • Parking Ratio 29197.08/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Year Built 1986
  • Date Updated 29 Mar, 2019
  • Construction Type Masonry

Description

Busy Mountain Road, Pasadena, Maryland 300' frontage. Easy access to MD Rt 100 (major E/W Highway).

Seeking a strong NNN Tenant for this ideally situated 1.37 ac parcel: Fuel/convenience /retail location on a very busy major road. Currently has $5,000.00+/mo. income with 3 year tenant and w/ add'l .7 acre of vehicle storage on monthly terms. Ideal Tenant will hold and operate under a long-term lease and is intent upon constructing a retail leasehold building, other investment improvement or an Owner-User improvement on the parcel. We can help with locating a mortgaging entity for your improvements. With 25% down, Lease costs will be approx. $8,000/month offset by income from the existing sub-leasehold of $5,000+ Monthly. Call our office for details. Water & Sewer available at lot line.

Commercial Broker

broker

John F. Pilkins

Pilkins Group, LLC

(410) 921-0094

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