Listed By:
RE/MAX Excellence Realty
Address
9713 Inaugural Way, Montgomery Village, MD
Price
$ 1,499,999
Property Attributes
  • MLS#MDMC2110906
  • TypeCommercial
  • CountyMONTGOMERY
  • CityMontgomery Village
  • Zip20886
  • Style
  • Year Built1978
  • Taxes$ 7118
  • Price$ 1,499,999
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5336
  • Lot Size9,583 SqFt
Data Source:
Bright MLS
Property Description

We are pleased to present the opportunity to acquire Established Assisted Living in MD, a 3,629 square foot retail center located in the affluent and rapidly growing community of Montgomery Village , MD. The Property is included in the sale and built out to accommodate and service 8 tenants with a huge value add component for raising revenue. Close access to quick service restaurants, personal care, and shopping. This 30 yr+ established Assisted Living is a great acquisition for an established operation or new to the business operator. At market rate, new owners will have an opportunity to increase revenues to 624,000.00 per year.

Price History
10/23/2023 Listed $1,499,999

General Features

Sewer Public Sewer
Heating 90% Forced Air
Cooling Central A/C
Possession Negotiable
Zoning R90
Construction Materials Brick
Year Built 1978
Property SubType Services
Tax Year 2024
Percent Ownership Fee Simple
Cool Fuel Electric
Business Type Other
Accessibility 32 + wide Doors,36 + wide Halls,2+ Access Exits,Accessible Switches/Outlets,Chairlift,Level Entry - Main
County MONTGOMERY
New Construction No
Property Type Commercial Sale
Water Access Y/N No
Property Use Investment
Status ACTIVE
Directions A
ModificationTimestamp 2024-05-10T03:12:13
City MONTGOMERY VILLAGE
Buyer Agent Compensation 2
Total Units 1
Lot Size Square Feet 9641.00
Tax Assessed Value 615367.0
Waterfront Y/N No
Street Name INAUGURAL
Tax Annual Amount 7118.0
Price Per Sq Ft 281.11
Vacation Rental Y/N No
Days on Market 201
Standard Status Active
Year Built Source Assessor
Legal Subdivision WHETSTONE
Tax Lot 139
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Natural Gas
Hot Water Electric
Heating Y/N Yes
Street Suffix WAY
Central Air Y/N Yes

Exterior Features

Water Source Public
Total Parking Spaces 8
Type of Parking Driveway,On Street
Land Use Code R
Water View Y/N No
Building Area Total 5336.00
Lot Size Acres 0.22
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 193000.00
Navigable Water Y/N No
Water Oriented Y/N No
Car Parking Spaces 8

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 20886

Price
AVG $850K
$1.5M
Taxes
AVG $4,526
$7,118
Visits
AVG 182
248
Data Provided by Inside Real Estate®
Year Built
AVG 1979
1978
Walkscore
AVG 62
53
Data Provided by Walkscore® not using MLS data

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