Investor Alert - Income-Generating Mixed-Use Property! This prime commercially zoned, mixed-use property offers an outstanding investment opportunity with potential for $24,000+ gross annual income.
The the second level offers a fully renovated 3-bedroom apartment that is turn-key and move-in ready with immediate income producing potential. The main level office/flex space is currently leased to long-term tenants, providing a steady revenue stream. With flexible zoning, this space has endless possibilities.....convert the first level to additional residential units to maximize profit or take it back and recreate the bar that it once was.
Situated in a high-demand area with excellent visibility, this property is ideal for investors seeking strong returns in a stable, well-maintained asset. This property will not qualify for residential financing due to the first level commercial space and will require a commercial loan.
3,390 Sq Ft
3,685 Sq Ft Exterior Space
Other
$1,695 Annual Tax
Built in 1962
MLS/Listing ID MDWA2026708
Listing Courtesy of SULLIVAN SELECT, LLC., LYNDSAY J NAVE - 301-991-2337
Source of Data: BRIGHT MLS
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the BrightMLS. Real estate listings held by brokerage firms other than Douglas Elliman of VA are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Last date updated: 05/07/2025.
Source: Bright Multiple Listing Service, Inc.
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