Active

3360 Crain Hwy

Waldorf MD, 20603

$5,500,000


$460.64 per sqft

Active

11,940 sqft

Commercial

Built in 1992

Fully stabilized and Income Producing Multi-Tenant Retail Shopping Center For Sale. Current Net Operating Income (NOI) is $305,606. Shopping center consists of 11,800 SF of rentable space on 1.2 acres of land. The Center was built in 1992 and has 3 solid long-term tenants. Mattress Warehouse, large regional tenant since 2002; DXL (formally Men's Warehouse), national tenant since 1992; Pawnshop/Jewelry Store, tenant since 2013. The Pawn Shop /Jewelry store is a solid local tenant and the current operator owns 3 additional locations. This sale is subject to a 1031 Exchange. Seller has identified a replacement property already. Rent Roll available upon request.

MDCH2021882

MLS ID

April 13, 2023

Listed

February 20, 2025

Updated

Interior Features

Appliances

Electric Water Heater


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central, Natural Gas

Exterior/Building Features

Lot Size

1.12 Acres


Sewer

Public Sewer

Other Property Details

Taxes

$41,111


Tax Frequency

Annually


Days on Market

285


Accessibility

Accessible Entrance


Garage

No


Parking Total

20


View

No


County

CHARLES


Water Source

Public


Pool

No

Listed by Spring Hill Real Estate, LLC.
Listing Contact: 7032003980 

The IDX display contains information sourced from the Bright MLS, Inc. as of 2/20/2025. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 2/20/2025 at 11:51 PM UTC

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