3 Commercial Industrial Lots, Old Washington Road

Highlights

• - Zoned CC for commercial and residential use
• - 360+ ft of frontage on Old Washington Rd
• - Located in an Opportunity Zone for potential tax benefits
• - Nearly $5,000/month in rental income
• - Includes commercial/residential property and a cottage
• - 1800 sf masonry building included
• - Significant land area available for development
• - Rail frontage along the rear of the property
• - Ideal for owner/user occupancy

Description

Lender sale of three industrial/retail lots located at 2380 and 2400 Old Washington Rd and 12095 Hintze Pl., Waldorf, MD. Totat land area is approximately 4.8 acres zoned CC in Charles County, MD. Sale is on an as-is, where is basis. This opportunity is being offered at an excellent value for $1.4 million. The seller has a November, 2022, appraisal detailing the value to be over $3.1 million for the combined parcels.

Seller has recently released the parcels to be sold individually:
2400 Old Washington Road - $1,000,000
2380 Old Washington Road - $450,000
12095 Hintze Place - $350,000

With over 360' of frontage on Old Washington Road, this assemblage present an exceptional investment opportunity in the heart of Waldorf, MD. This prime assemblage offers a combined area of almost 5 acres and is strategically located in a bustling commercial district, boasting convenient access to major transportation routes. The area's vibrant economic landscape and proximity to essential amenities, dining options, and recreational facilities make it an ideal choice for businesses seeking a dynamic and accessible land or industrial investment. Additionally, the surrounding area is home to major attractions such as St. Charles Towne Center, Regency Furniture Stadium, and Charles County Fairgrounds, providing a diverse range of entertainment and retail opportunities for employees and visitors. Don't miss out on the chance to be part of this thriving market in Waldorf.

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