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Listed by Robert Fields • Gregory Fields Realty LLC.
$ 1,650,000
Est. payment /mo
Price Dropped by $300K
5061 ALLENTOWN RD Suitland, MD 20746
0.71 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
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 Other
Source BRIGHT
Property Description
Huge 34% Price Cut. Now only $1,650,000. (original price was $2,500,000). 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 34% 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 $1,650,000.00, 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
Special Listing Condition Standard
