3360 Crain Highway Waldorf, MD $ 5,500,000
3360 Crain Highway
$ 5,500,000
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3360 Crain Highway

Waldorf, MD, 20603
$ 5,500,000
Baths0.0 Sq 11,800

Monthly Estimate*

$ 36,555

3360 Crain Highway, Waldorf, MD 20603 - Image 1
3360 Crain Highway, Waldorf, MD 20603 - Image 2
3360 Crain Highway, Waldorf, MD 20603 - Image 3
3360 Crain Highway, Waldorf, MD 20603 - Image 4
Studio

Commercial Property for sale in Waldorf, MD

for $5,500,000. This 11,800 square foot building was built in 1992 on a lot size of 1.12.

Fully stabilized and Income Producing Multi-Tenant Retail Shopping Center For Sale. Current Net Operating Income (NOI) is $305,606. Shopping center consists of 11,800 SF of rentable space on 1.2 acres of land. The Center was built in 1992 and has 3 solid long-term tenants. Mattress Warehouse, large regional tenant since 2002; DXL (formally Men's Warehouse), national tenant since 1992; Pawnshop/Jewelry Store, tenant since 2013. The Pawn Shop /Jewelry store is a solid local tenant and the current operator owns 3 additional locations. This sale is subject to a 1031 Exchange. Seller has identified a replacement property already. Rent Roll available upon request.

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Commercial Active

Price

$ 5,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 41,111

Style

Day Care Facility,Medical,Pad Site,Professional,Sh

Lot Size

1.12

Year Built

1992

Town/City

Waldorf

County/Region

Charles

MLS | Web ID

MDCH2021882

Features
Interior
Heating Fuel Natural Gas
Hot Water Electric
Heating Y/N Y
Street Suffix HIGHWAY
Central Air Y/N Y
Total Restrooms 3
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General
Sewer Public Sewer
Heating Central
Cooling Central A/C
Utilities Cable TV Phone
Possession Subject to Existing Lease
Zoning CB
Security Features Exterior Cameras
Construction Materials Advanced Framing Block Combination Masonry
Year Built 1992
Property SubType Retail
Tax Year 2024
Percent Ownership Fee Simple
Cool Fuel Electric
Business Type Day Care Facility Medical Pad Site Professional Shopping Center
Accessibility Level Entry - Main Ramp - Main Level
County CHARLES
Net Operating Income 305606.00
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions Take Exit #3 Indian Head Highway South from 495 Beltway Take MD Route 228 To Charles County. Left on US 301 and the shopping center is on your left.
City WALDORF
Buyer Agent Compensation 20000
Disclosures None
Total Units 1
Lot Size Square Feet 48787.00
Waterfront Y/N N
Street Name CRAIN
Tax Annual Amount 41111.0
Price Per Sq Ft 460.64
Acceptable Financing Cash Conventional Exchange
Lease Considered Y/N N
Vacation Rental Y/N N
Days on Market 394
Location Type Free Standing
Standard Status Active
Year Built Source Estimated
Total Actual Rent 305606.00
Cap Rate 5.56
Buyer Agent Compensation Type $
Association Recreation Fee N
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Exterior
Parking Features Paved Parking Public Surface
Water Source Public
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 11940.00
Lot Size Acres 1.12
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 752600.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 3360
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* Excluded Features
List By
Spring Hill Real Estate, Llc.

Broker

nadeemsamma@gmail.com

Email

Affordability Calculator

$39,981
Per Month
91%
9%
0%
Monthly Principal & Interest
$36,555
Monthly Property Taxes
$3,426
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/14/2023$5,500,000 Listed Price

Map


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3360 Crain Highway, Waldorf, MD, 20603 is a Commercial Property for sale at $5,500,000 with 11,800 sqft and a lot size of 1.12. 3360 Crain Highway is a studio with 0.0 baths and was built in 1992. The property's zip code is 20603 which is in Waldorf, MD