Laurel, MD 20707,602 MONTGOMERY ST
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Laurel, MD 20707,602 MONTGOMERY ST
Laurel, MD 20707,602 MONTGOMERY ST
Laurel, MD 20707,602 MONTGOMERY ST
Laurel, MD 20707,602 MONTGOMERY ST
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Listed by Noemy M Conaway • Samson Properties
$ 1,495,000
Est. payment /mo
New

602 MONTGOMERY ST Laurel, MD 20707

7,023 Sqft Lot


UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Subdivision Laurel Park

MLS Listing ID MDPG2186352

Year Built 1947

Available Date 2025-12-19

Annual Tax Amount $11,044

Tax Year 2025

Lot Size 7,023 Sqft

Acres 0.16

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

Portfolio Sale – Prime Mixed-Use Opportunity in Downtown Laurel. An opportunity to acquire a mixed-use portfolio consisting of a fully leased mixed-use building plus two additional contiguous residential lots, all offered together and not to be sold separately. The mixed-use property features three second-floor residential apartments generating rental income, along with a first-floor retail space offering strong visibility and income potential. Ideal for investors seeking steady cash flow with upside. Also included are two separate residential lots located at 601 and 603 Park Avenue, the lots are contiguous providing tremendous development or expansion potential. 601 Park Ave lot: 6,809 sq ft 603 Park Ave lot: 6,371 sq ft. The building is located just minutes from downtown Laurel, this portfolio offers proximity to shops, dining, transportation, and ongoing area growth. A unique opportunity to own income-producing mixed-use real estate plus additional land in a high-demand location.

Location

State MD

County Prince Georges

Zoning LAUR

Interior

Hot Water Electric

Cooling Window Unit(s), Central A/C

Flooring Vinyl, Wood

Heat Source Oil

Exterior

Garage Spaces 20.0

Utilities Available Cable TV Available, Multiple Phone Lines, Natural Gas Available

Water Access N

Roof Type Tar/Gravel

Street Surface Black Top

Accessibility 32\"+ wide Doors

Road Frontage City/County

Total Parking Spaces 20

Garage N

Building

Lot Description Adjoins - Open Space

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

New Construction N

Schools

High Schools Laurel

School District Prince George'S County Public Schools

Others

Tax ID 17101018514

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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Bright MLS (BMLS)
Becky Shaible

Becky Shaible

Marketing Real Estate at the Highest Level in PA | UnknownRS343194

+1(570) 971-7833

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602 MONTGOMERY ST