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Listed by Robert Fields • Gregory Fields Realty LLC.

$1,950,000

Est. payment - /mo

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0.71 Acres Lot

New

5061 ALLENTOWN RD Suitland, MD 20746

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Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID MDPG2167396

Year Built 1973

Annual Tax Amount $10,090

Tax Year 2025

Lot Size 0.708 Acres

Acres 0.71

Property Sub-Type Retail

Source BRIGHT

Property Description

Prime location with excellent visibility and high traffic volume. CGO Zoning allows a wide range of commercial uses. This property is an excellent location for a Retail store, Medical Offices, Professional Business Offices, a Restaurant, a church, a sports center, and much more! This property underwent a total renovation approximately 15 years ago. As a specialty retail store, it has been continuously updated. This property is in excellent condition. The inventory, furniture, and fixtures are not included -- but are negotiable. The current price is a 20% reduction from the original asking price! And we had plenty of activity at the earlier price, but as you probably realize, the current political climate has slowed down some investments. At this current price of $1,950,000.00, this property is an amazing opportunity, and is priced significantly lower than the typical per square foot cost for this type of property at this location.

Location

State MD

County Prince Georges

Zoning CGO

Interior

Hot Water Natural Gas

Heating Central

Cooling Central A/C

Heat Source Natural Gas

Exterior

Garage Spaces 39.0

Water Access N

Accessibility 36\"+ wide Halls

Total Parking Spaces 39

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Prince George'S County Public Schools

Others

Tax ID 17063650918

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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5061 ALLENTOWN RD Suitland, MD 20746

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Key Details

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5061 ALLENTOWN RD