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Mount Rainier MD Real Estate & Commercial for Sale

1 Properties Found

The median home value in Mount Rainier, MD is $487,000. This is higher than the county median home value of $369,000. The national median home value is $308,980. The average price of homes sold in Mount Rainier, MD is $487,000. Approximately 26% of Mount Rainier homes are owned, compared to 68% rented, while 6% are vacant. Mount Rainier real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Mount Rainier real estate agent to arrange a tour today!
Learn more about Mount Rainier Real Estate.


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Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
MDPG2073076
Type:
Other
Subdivision:
Gateway Arts District
Lot size:
0.16 Acres
Year built:
1947
Courtesy: GO BRENT, INC., (301) 565-2523
View additional info

SELLER WILL CONSIDER SOME SELLER FINANCING. Mixed- use property comprises a single family home and a building with three levels of commercial studio/retail/office space fronting Rhode Island Ave in MT Rainier's lively Gateway Arts District. The property presents an excellent opportunity for an owner-user to establish a prominent headquarters on Route 1, just 1/3 of a mile from the DC line. Nine space parking lot. Fifty six feet of frontage on RI Ave/RT 1 with 20,362 cars per day. Occupy the entire building or phase in occupancy, leasing the commercial studios or residential home to offset costs. Recent updates include: Roof - 2021, HVAC mini splits and condenser - 2019, hot water heater - 2018, first floor storefront glass - 2021, exterior painting and lighting - 2021, parking lot paving - 2021. Current tenants have short term or month-to-month leases, allowing the buyer to increase to market rent or to occupy units.

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