26530 Three Notch Road
Hollywood, MD 20636
MLS #SM10072395

Commercial
    $497,500
    Est. P&I payment: $1900.11/mo
    26530 Three Notch Road, Hollywood, MD 20636
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    Description for 26530 Three Notch Road, Hollywood, MD 20636
    Leased commercial property on the busy Rte. 235 corridor! Country Store, four apartments, and detached single family home provide steady rental income. This is a large parcel at the intersection of 235 and 247. Opportunity to expand the store and increase rental income. Existing CAP rate is 7.8%, can go over 9% with the right Tenant mix. Trust Deed may be assumable to a qualified Buyer.
    MLS #SM10072395
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    My Notes for MLS #SM10072395

    General Features

    • Property Type: Commercial
    • Comm Industrial Type: Flex Space,​Outside Storage,​Retail,​Other
    • Comm Industrial Misc: Display Window,​Fence,​Kitchenette,​Private Office,​Reception Area,​Showroom,​Signage Allowed
    • Zoning Code: RCL

    Exterior Features

    • Exterior: Siding - Vinyl
    • Stories: 2
    • Lot Area Acre: 1.119995
    • Lot Size Area: 48,787
    • Water Front: N
    • Parking: Free,​Surface,​Unassigned,​Gravel Driveway

    Interior Features

    • Gross SQFT: 5,422
    • Leasable SQFT: 5,422
    • Net SQFT: 5,422
    • Clear Span Ceiling Height: 8' to 10'

    Utilities Features

    • Cooling Fuel: Electric
    • Hot Water: Electric
    • Metering: Fully Separate
    • Sewer Septic: Septic
    • Water: Well

    Financial Features

    • Price Per Square Foot: 10
    • Total Taxes: 4,925.98
    • Total Taxes Payment Freq: Annually
    • County Tax: 4,539.92
    • County Tax Payment Freq: Annually
    • Tax Year: 2016
    • Improvement Assessment Amount: 217,700
    • Improvement Assessment Payment Freq: Annually
    • Land Assessment Amount: 256,100
    • Land Assessment Payment Freq: Annually
    • Total Assessment: 473,800
    • Total Assessment Payment Freq: Annually
    • Assessment Year: 2017
    • Special Tax Assessment: 386.06
    • Special Tax Assessment Payment Freq: Annually
    • Rent Income: 50,820
    • Gross Income: 50,820
    • Monthly Gross Rent: 4,235
    • Rental Net Operating Income: 38,820
    • Property Net Operating Income: 50,820
    • Owner Pays: Property Insurance,​Taxes-Real Estate
    • Seller Desires: Cash,​Sale of Owner's Interest
    • Rental Year: 2017
    • Expenses: 12,000

    Community Features

    • City: 10000059753
    • County: Saint Marys
    • HOA: N
    • Vacation Home: N
    • Roads: Access-on grade,​Approved,​State,​Paved,​Public Street
    • Transportation: Adjacent to Grocery Store(s),​Adjacent to Shopping,​Airport - 2-5 Miles
    • Advertised Subdivision: OAKVILLE

    Misc Features

    • Property Condition: As-is condition,​Converted Use,​Shows Well
    • Year Built: 1943
    • Occupied: Yes
    • Vacancy Factor: 5
    • Tenancy: Lease terms Mixed
    • Auction: N
    • Foreclosure: N
    • Potential Short Sale: No
    • Present Use: Commercial,​Multi Residential,​Other
    • Master Plan Zoning: C

    Location

     
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    The listing information for 26530 Three Notch Road, Hollywood, MD 20636 was graciously provided by our friends at the listing brokerage, O Brien Realty

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    Last Updated 04/22/2018 at 11:27am
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