Positioned along one of Prince George’s County’s most closely watched revitalization corridors, this fully leased retail asset offers investors immediate cash flow with long-term upside.
The ±3,710 SF property built in 1958 with three spaces is 100% leased, delivering long-term stable income at a 6.6% cap rate. With over 30,000+ vehicles passing daily and no near-term vacancy risk, the asset provides a true “day one” yield—ideal for investors seeking predictable returns in an emerging growth corridor. Having been family-owned for nearly 70 years with no vacancies is considered by some to be a “gold mine”.
The property sits within the Marlboro Pike corridor, where county-backed planning and private-sector initiatives are actively targeting reinvestment, economic growth, and repositioning of the corridor as a more vibrant commercial destination. Recent planning efforts highlight the Pike’s capacity for new business development, improved retail environments, and long-term value creation through coordinated public and private investment.
For investors, this translates into a compelling profile:
- In-place income today
- Basis below replacement cost in a transitioning corridor
- Exposure to a multi-year redevelopment initiative backed by local planning authorities-
Save
Ask
Tour
Hide
Share
Listing Snapshot
Price
$1,750,000
Days On Site
9 Days
Bedrooms
N/A
Inside Area (SqFt)
3,710 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.18 Acres
Year Built
1958
MLS® Number
MDPG2198748
Status
Active
Property Tax
$6,514.73
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Estimated
Friends & Family
React
Comment
Invite
No Comments Yet
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.
Recent Activity
5 days ago
Status changed to Active
5 days ago
Listing updated with changes from the MLS®
a week ago
Listing first seen on site
General Features
Acres
0.18
Parking
Parking Lot
Parking Spaces
20
Property Sub Type
Retail
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Total
3710
Utilities
Other
Water Source
Public
Zoning
CGO
Interior Features
Cooling
Other
Heating
Other
Save
Ask
Tour
Hide
Share
Exterior Features
Construction Details
Brick VeneerBrick
Roof
Flat
Community Features
School District
PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
Schools
School District
PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Engel & Volkers Washington, DC
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.