$599,000
$599,000
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3,600 SqFt
SOLD DATE : 02/17/2023
Key Details
Sold Price $599,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 3,600 sqft
Price per Sqft $166
MLS Listing ID MDSM2007894
Sold Date 02/17/23
Originating Board BRIGHT
Year Built 1980
Annual Tax Amount $3,370
Tax Year 2022
Lot Size 0.420 Acres
Acres 0.42
Property Description
Great Investment Opportunity! The Bennett Professional Building in Hollywood is up for sale and ready for new ownership! The building sits directly off of route 235, and is across from the Hollywood Rescue Squad. It has two parking lots which can be accessed from Old Three Notch Road. This building was constructed to allow up to Eight Separate units/apartments with their own entrances, bathrooms, and electric meters. As of right now, There are 4 existing leases in place, and the building brings in approximately 2,350.00 AS IS, with much potential for more income. The property is currently being managed by Cheseldine Management Consulting, LLC of Leonardtown and the opportunity exists to continue utilizing their services after the building is sold. This property is zoned RCL (Rural Commercial Limited) and can be used from a multitude of purposes. AS- IS Condition Excellent location!
Location
State MD
County Saint Marys
Zoning RCL
Interior
Hot Water Electric
Heating Central
Cooling Central A/C
Heat Source Electric
Exterior
Garage Spaces 12.0
Utilities Available Electric Available
Waterfront N
Water Access N
Accessibility 2+ Access Exits, 32\"+ wide Doors
Parking Type Parking Lot
Total Parking Spaces 12
Garage N
Building
Sewer Private Septic Tank
Water Well
New Construction N
Schools
Elementary Schools Hollywood
High Schools Leonardtown
School District St. Mary'S County Public Schools
Others
Tax ID 1906008410
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Mark A Larner • RE/MAX One