Listed By:
The Velocity Group, LLC.
Address
15638 Livingston Road, Accokeek, MD
Price
$ 2,300,000
Property Attributes
  • MLS#MDPG2108546
  • TypeCommercial
  • CountyPRINCE GEORGES
  • CityAccokeek
  • NeighborhoodAccokeek Acres
  • Zip20607
  • StyleMedical,Professional,Religious Facility,Restaurant
  • Year Built1950
  • Taxes$ 9604
  • Price$ 2,300,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage7910
  • Lot Size0.41 Acres
Data Source:
Bright MLS
Property Description

Nestled in the heart of Accokeek, Maryland, this premier mixed-use property presents a rare investment opportunity, perfectly blending modern office spaces with vibrant retail environments. 15638 Livingston Road stands as a testament to thoughtful renovation and strategic location, offering a unique proposition for investors and tenants alike. Property Highlights: Total Space: The property spans a generous footprint, featuring 6 meticulously renovated office units alongside 6 retail spaces, each designed to cater to a diverse range of business needs and customer experiences. Lease Status: Almost fully leased, this property promises a steady income stream from a mix of established and burgeoning businesses, making it an attractive investment with immediate returns. Location Advantage: Situated on Livingston Road, the property benefits from high visibility and foot traffic, ensuring constant exposure for all resident businesses. Its location in Accokeeka community known for its growing economy and vibrant local cultureadds to its allure. Office Spaces: Each office unit has been renovated to the highest standards, offering modern amenities, flexible layouts, and technology-ready infrastructure, making them ideal for a variety of professional services. Retail Spaces: The retail units boast open-concept designs, high-quality finishes, and storefronts that capture the essence of contemporary retail. From boutique shops to specialty services, these spaces are designed to attract a diverse clientele. Parking & Accessibility: Ample parking and easy access for both employees and customers enhance the convenience and appeal of the property. Located near major roadways, it ensures easy commutes and high accessibility. Investment Potential: With a strong leasing history and situated in a region experiencing economic growth, 15638 Livingston Road represents a sound investment opportunity with potential for capital appreciation and sustained income.

Price History
4/2/2024 Listed $2,300,000

General Features

Sewer Public Sewer
Heating Forced Air,Radiator,Wall Unit
Cooling Central A/C,Window Unit(s)
Possession Settlement
Zoning CSC
Construction Materials Brick,Combination,Concrete
Year Built 1950
Property SubType Retail
Tax Year 2007
Percent Ownership Fee Simple
Cool Fuel Electric
Business Type Medical,Professional,Religious Facility,Restaurant/Bar,Shopping Center,Pad Site,Hair Salon and Spa,Day Care Facility
Accessibility Other
County PRINCE GEORGES
New Construction No
Property Type Commercial Sale
Subdivision Name ACCOKEEK ACRES
Water Access Y/N No
Status ACTIVE
Directions Rout 210 Indian Head Highway to Livingston Road to 15638 of Left.
ModificationTimestamp 2024-04-02T14:21:10
City ACCOKEEK
Buyer Agent Compensation 2.5
Total Units 12
Lot Size Square Feet 17951.00
Tax Assessed Value 754500.0
Waterfront Y/N No
Street Name LIVINGSTON
Tax Annual Amount 9604.19
Price Per Sq Ft 271.03
Acceptable Financing Cash,Conventional
Vacation Rental Y/N No
Days on Market 29
Standard Status Active
Year Built Source Estimated
Legal Subdivision ACCOKEEK ACRES
Tax Lot 11
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Electric,Oil
Hot Water Oil
Total Stories 2
Heating Y/N Yes
Street Suffix ROAD
Central Air Y/N Yes

Exterior Features

Water Source Public
Total Parking Spaces 45
Type of Parking Parking Lot
Water View Y/N No
Building Area Total 8486.00
Lot Size Acres 0.41
Lot Size Units Square Feet
Lot Size Source Estimated
Land Assessed Value 107700.00
Navigable Water Y/N No
Water Oriented Y/N No
Car Parking Spaces 30

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 20607

Price
AVG $2.3M
$2.3M
Taxes
AVG $9,604
$9,604
Visits
AVG 51
57
Data Provided by Inside Real Estate®
Year Built
AVG 1950
1950

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