3460 OLD WASHINGTON RD #203, Waldorf, MD 20602
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3460 OLD WASHINGTON RD #203, Waldorf, MD 20602
3460 OLD WASHINGTON RD #203, Waldorf, MD 20602
3460 OLD WASHINGTON RD #203, Waldorf, MD 20602
3460 OLD WASHINGTON RD #203, Waldorf, MD 20602
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John Logan

John Logan

+1(443) 676-6030
Listed by Cris Curtis • CENTURY 21 New Millennium
$ 399,000
Est. payment /mo
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Price Dropped by $150K

3460 OLD WASHINGTON RD #203 Waldorf, MD 20602

UPDATED:

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Subdivision Cambridge Professional Center

MLS Listing ID MDCH2047770

Year Built 2000

Annual Tax Amount $3,469

Tax Year 2024

Property Sub-Type Office

Source BRIGHT

Property Description

Don't miss this excellent opportunity to own an income-producing property with a strong, long-term national tenant. Located in a well-maintained office complex surrounded by medical and professional tenants, this property is ideal for investors seeking stable returns with a 11.2 % Cap Rate .Established Tenant: Occupied by a national tenant for the past 10 years. The lease was just renewed for an additional 5 years, with a 5-year renewal option. Condo fee: $498 per month ($5,976 annually). Real Estate Taxes: $3,537 per year. All utilities are paid by the tenant. Well Maintained: New carpet and paint are scheduled to be completed, ensuring the space remains in top condition. Professional Environment: Located in a thriving business park with professional and medical offices nearby. By Appointment Only: Property viewings require pre-qualification and must be scheduled with the listing agents present. No walk-ins permitted. A strong, secure investment in a growing commercial hub. Contact us today to schedule your private showing. Must sign an NDA prior to showing.

Location

State MD

County Charles

Zoning RO

Interior

Hot Water Electric

Heating Heat Pump(s)

Cooling Central A/C

Heat Source Electric

Exterior

Garage Spaces 12.0

Water Access N

Street Surface Black Top

Accessibility 32\"+ wide Doors, Elevator

Total Parking Spaces 12

Garage N

Building

Foundation Slab

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Charles County Public Schools

Others

Tax ID 0906330630

Ownership Condominium

Security Features 24 hour security

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Bright MLS (BMLS)

Nearby Locations

John Logan

John Logan

Team Leader | License ID: 661163

+1(443) 676-6030

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3460 OLD WASHINGTON RD #203