28420 Point Lookout Rd, Loveville, MD 20656

$540,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$540,000
Days on Market
32
Status
ACTIVE
MLS#
MDSM2032182
Year Built
1915
County
Saint Marys
School District
St. Mary's County Public Schools

Property Description

Mixed-use investment or Owner-user opportunity offering 3,845 SF commercial building on a 29,620 SF parcel with prime visibility just off Point Lookout Road. Zoned VMX, this versatile property accommodates a wide range of commercial uses and can be demised into three separate retail bays, creating excellent flexibility for owner-users or investors seeking multiple income streams. The property also includes an income-producing rental home located at the rear of the site, providing immediate cash flow. For investors, the current owner is willing to lease back approximately one-third of the commercial building, offering built-in rental income after closing. Alternatively, the property can be delivered for an owner-user seeking to occupy the entire commercial space. For buyers looking to expand an existing operation or step into an established business, the current business may also be included in the sale, if desired.

Additional Information

Taxes
$4011
School District
St. Mary's County Public Schools
Heating
Baseboard - Electric
Heating Fuel
Oil
Cooling
Other
Water
Other
Sewer
Private Sewer

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Hyatt Commercial. Contact: 410.490.8880