Order by phone (800) 336-1027

  • Weichert Agent Features & Pricing
  • Web Design Gallery
  • Frequently Asked Questions
  • Customer Service
  • Jefferson MD Real Estate & Commercial for Sale


    Showing Homes Nearby Jefferson, MD
    Beds:
    n/a
    Baths:
    Sq.Ft.:
    1,212
    Status:
    Active
    MLS#:
    MDFR2043770
    Type:
    Office
    Year built:
    1994
    Courtesy: MacRo, Ltd.
    View additional info

    Beautiful condo offices available in an elevatored building on Thomas Johnson Drive. Located on the northside of Thomas Johnson Drive, closer to the Christophers Crossing exit on Rt. 15. Onsite, climate-controlled storage area available for each unit. Condo unit sizes and prices listed below. Condo Association is professionally managed. Quarterly condo fees include all utilities and maintenance. *Units also available for lease (5+ years term).

    Beds:
    n/a
    Baths:
    Sq.Ft.:
    20,000
    Status:
    Active
    MLS#:
    MDFR2044798
    Type:
    Office
    Lot size:
    1.89 Acres
    Year built:
    2002
    Courtesy: Coldwell Banker Realty, (703) 471-7220
    View additional info

    This free-standing, 2-story medical building is located in a heavily populated Frederick market, next to Route 15, strategically positioned in Frederick Medical Corridor. Maryland Oncology Hematology, with 15 other locations, occupies the first floor of this building. The property has 104 parking spots. The ground floor is accessible from the back of the building has 10,000 SF is available to lease. The unit was built as a medical office. It can be leased fully or demised into two units. The highest and best use, medical office, general office, religious facility, daycare, adult day care, health club

    Beds:
    n/a
    Baths:
    2.00
    Sq.Ft.:
    6,288
    Status:
    Active
    MLS#:
    MDFR2041410
    Type:
    Office
    Year built:
    1950
    Courtesy: Keller Williams Realty Centre
    View additional info

    Professional Business and Retail suites right off 355 in Urbana. Great signage right on 355. Backs to the Villages of Urbana. Easy access to 270. Village Commercial Zoning allows for a large number of uses.

    Beds:
    n/a
    Baths:
    Sq.Ft.:
    60,042
    Status:
    Active
    MLS#:
    MDWA2011770
    Type:
    Other
    Lot size:
    5.93 Acres
    Courtesy: Sullivan Select, LLC., 3017335252
    View additional info

    This is Lot C3. Contingent upon subdivision. We have a development in Boonsboro, Maryland (i.e. The Preserve at Fox Gap) and as seen in the attached file, there are several commercial sites available and we are more than happy to customize a site for you. We can change property lines to accommodate your needs. The round-about intersection in Ostertag Pass is complete and the rest of the roads are graded and ready for pavement and lots are permittable now and ready for delivery. As we mentioned, we can build to suit, do a land lease or do an outright sale, whichever you prefer. Boonsboro is a fast-growing town with high growth projections in the coming years with very little available retail for its residents. We would love to have your company at our site and we will accommodate you in any way we can.

    Beds:
    n/a
    Baths:
    Sq.Ft.:
    58,734
    Status:
    Active
    MLS#:
    MDWA2011774
    Type:
    Other
    Lot size:
    5.93 Acres
    Courtesy: Sullivan Select, LLC., 3017335252
    View additional info

    This is Lot C5. Contingent upon subdivision. We have a development in Boonsboro, Maryland (i.e. The Preserve at Fox Gap) and as seen in the attached file, there are several commercial sites available and we are more than happy to customize a site for you. We can change property lines to accommodate your needs. The round-about intersection in Ostertag Pass is complete and the rest of the roads are graded and ready for pavement and lots are permittable now and ready for delivery. As we mentioned, we can build to suit, do a land lease or do an outright sale, whichever you prefer. Boonsboro is a fast-growing town with high growth projections in the coming years with very little available retail for its residents. We would love to have your company at our site and we will accommodate you in any way we can.

    Beds:
    n/a
    Baths:
    Sq.Ft.:
    2,171,030
    Status:
    Active
    MLS#:
    MDFR283612
    Type:
    Other
    Lot size:
    49.84 Acres
    Year built:
    2003
    Courtesy: VCRE.CO, 2403679600
    View additional info

    Prime future Office/Research/Industrial development opportunity! 49.84± acre parcel for sale. This Land Bank is nestled within the thriving 355 growth corridor, and provides extensive potential for future office, research, and industrial development. Zoned ORI. Neighboring businesses include Urbana Corporate Center, Kite Pharma, Social Security Data Center, Fannie Mae, and PB Dye Golf Club. Extensive potential uses such as Manufacturing, Flex, Laboratory Research, Professional Office, Warehouse and many more. Additionally, this site is located within the comprehensive Plan, community Growth Limit with over 600 acres zoned for Future Employment/Mixed Use. Interim rental potential with improvements consisting of a 3,592 SF Two-story Colonial featuring 4 bedrooms, 2.5 baths, fireplace, basement, and outdoor Machine Shed. Offered at $7,300,000.

    Beds:
    n/a
    Baths:
    Sq.Ft.:
    1,200
    Status:
    Active
    MLS#:
    MDFR2044742
    Type:
    Other
    Subdivision:
    None Available
    Lot size:
    12.24 Acres
    Year built:
    1820
    Courtesy: Keller Williams Realty Centre
    View additional info

    Discover the opportunity of owning a turnkey operation at 13107 Prices Distillery Road, Clarksburg, Maryland! Situated on the historic Prices Distillery Road, this address embodies a rich heritage dating back generations. Conveniently located just moments away from Clarksburg's amenities and attractions, including shopping, dining, and top-rated schools, this property offers the perfect balance of serenity and convenience. The property provides a terrific opportunity to own a turn-key business in Montgomery County. This is an opportunity to grow your existing business or start your own business. The nursery has ten greenhouses, equipment, and a store front. The nursery grows everything in the greenhouses from seed to customer. All greenhouses have water, heat, and two of the greenhouses are used for tropical plants. This is a package sale which consists of over 40 acres of property, 29.87 acres in Montgomery County and 12.24 acres in Frederick County, 10 greenhouses, tractors, delivery vehicles, and other miscellaneous equipment and inventory. The package also includes a store front. The flower shop is under a lease agreement and the owner will assume the lease. A Description of the store front: Beall's Florist has been proudly serving the community since 1961. We are family owned and operated, serving most of Montgomery County, and parts of Frederick, Carroll, and Howard Counties. We are committed to offering only the finest floral arrangements, plants, and gifts; backed by our friendly and prompt service. Because all our customers are important, our professional staff is dedicated to making your experience a pleasant one. Our friendly drivers proudly deliver your product right to the doorstep. Let Beall's Florist be your first choice for flowers. Areas Served: Our shop serves the following areas: Adamstown, Barnesville, Beallsville, Bethesda, Boyds, Brookeville, Buckeystown, Clarksburg, Comus, Damascus, Darnestown, Derwood, Dickerson, Frederick, Gaithersburg, Germantown, Hyattstown, Ijamsville, Kensington, Laytonsville, Leisure World, Lisbon, Monrovia, Montgomery Village, Mount Airy, New Market, North Potomac, Olney, Poolesville, Potomac, Rockville, Urbana and Woodbine. We also deliver to the following facilities: Barber's Funeral Home DeVol Funeral Home Molesworth Funeral Home Snowden's Funeral Home

    Beds:
    n/a
    Baths:
    Sq.Ft.:
    179,903
    Status:
    Active
    MLS#:
    MDWA2006814
    Type:
    Other
    Lot size:
    4.13 Acres
    Courtesy: Sullivan Select, LLC., 3017335252
    View additional info

    For Sale, For Lease or We build to suit. Perfect for fast food, restaurants, pharmacy, shopping center or any retail lot. The round-about intersection in Ostertag Pass is complete and the rest of the roads are graded and ready for pavement and lots are permittable now and ready for delivery on June 1st. Boonsboro is a fast-growing town with high growth projections in the coming years with very little available retail for its residents. We would love to have your company at our site and we will accommodate you in anyway we can.

    Beds:
    n/a
    Baths:
    Sq.Ft.:
    45,302
    Status:
    Active
    MLS#:
    MDWA2006812
    Type:
    Other
    Lot size:
    1.04 Acres
    Courtesy: Sullivan Select, LLC., 3017335252
    View additional info

    For Sale, For Lease or We build to suit. Perfect for fast food, restaurants, pharmacy or any retail lot. The round-about intersection in Ostertag Pass is complete and the rest of the roads are graded and ready for pavement and lots are permittable now and ready for delivery on June 1st. Boonsboro is a fast-growing town with high growth projections in the coming years with very little available retail for its residents. We would love to have your company at our site and we will accommodate you in anyway we can.

    Beds:
    n/a
    Baths:
    3.00
    Sq.Ft.:
    10,000
    Status:
    Active
    MLS#:
    MDWA2019326
    Type:
    Mixed Use
    Lot size:
    0.13 Acres
    Year built:
    1879
    Courtesy: EXP Realty, LLC, (888) 860-7369
    View additional info

    22-28 N Main is a fantastic commercial site in downtown Boonsboro, all units are rented including the commercial space! Enjoy Main Street access as well as parking lot access and lots of storage space!

    Beds:
    n/a
    Baths:
    Sq.Ft.:
    7,920
    Status:
    Active
    MLS#:
    MDWA2012636
    Type:
    Office
    Lot size:
    0.54 Acres
    Year built:
    1973
    Courtesy: Sullivan Select, LLC., 3017335252
    View additional info

    Now offered for sale! The Fulton Bank Building features a great location with impressive access and visibility on a corner lot in Historic downtown Boonsboro. Large Lot includes a Drive Through and Parking for 20 vehicles. Two levels, 3960 sq. ft each. Currently two tenants, with a vacant space for more income potential! Rent Roll and Leases available upon request.

    Beds:
    n/a
    Baths:
    Sq.Ft.:
    258,311
    Status:
    Active
    MLS#:
    MDWA2007424
    Type:
    Other
    Lot size:
    5.93 Acres
    Courtesy: Sullivan Select, LLC., 3017335252
    View additional info

    We have a development in Boonsboro, Maryland (i.e. The Preserve at Fox Gap) and as seen in the attached file, there are several commercial sites available and we are more than happy to customize a site for you. We can change property lines to accommodate your needs. The round-about intersection in Ostertag Pass is complete and the rest of the roads are graded and ready for pavement and lots are permittable now and ready for delivery. As we mentioned, we can build to suit, do a land lease or do an outright sale, whichever you prefer. Boonsboro is a fast-growing town with high growth projections in the coming years with very little available retail for its residents. We would love to have your company at our site and we will accommodate you in any way we can.

    Beds:
    n/a
    Baths:
    Sq.Ft.:
    n/a
    Status:
    Active
    MLS#:
    MDFR2041732
    Type:
    Other
    Lot size:
    2 Acres
    Year built:
    2022
    Courtesy: Mackintosh, Inc.
    View additional info

    Customize your commercial building upon these perfectly positioned lots for commerce in Mt Pleasant MD! Parcel A (#1113300844) consists of 2 Acres within zoning of Village Commercial. Parcel B (#1113296464) consists of 5 Acres, and adjoins Parcel A. Lots are within close proximity to the cross intersection of Route 26 and Dance Hall Road, with road frontage along Dance Hall Road. Existing well and septic. Great location for small town commerce (winery, storage facility, farmers market, driving range, lawn and garden, etc).

    Beds:
    n/a
    Baths:
    Sq.Ft.:
    4,120
    Status:
    Active
    MLS#:
    MDFR2044358
    Type:
    Retail
    Lot size:
    1.12 Acres
    Year built:
    1920
    Courtesy: Frederick Commercial Real Estate, LLC, (240) 457-4802
    View additional info
    Beds:
    n/a
    Baths:
    Sq.Ft.:
    5,000
    Status:
    Active
    MLS#:
    MDMC2081914
    Type:
    Other
    Lot size:
    1.67 Acres
    Year built:
    1856
    Courtesy: PraiseBuildings Religious Property, (855) 204-2400
    View additional info

    **New pricing** Located near the Frederick County line on Route 355 in Clarksburg, the former Hyattstown United Methodist Church complex comprises three land parcels, which include a small church with hall, a former parsonage, modular classrooms, and a cemetery. The sanctuary is well-kept and comfortable, offering pew seating for under 100. The piano and organ convey with the sale. The church/hall building also includes two restrooms and a "wet bar" kitchen. Currently, the hall is configured with tables for banquet seating, office space, and a casual seating area. The oil-fired boiler is located in the hall, and there are A/C components on the exterior upper level of the building. There are three access doors -- two for the hall, and one for the sanctuary. The modular (trailer), formerly used for classrooms and meeting, is spacious and set up for A/C, but does not have restroom facilities. The modular provides an ideal opportunity for additional worship, ministry, and meeting space -- or even rental income. Wheelchair accessible. The contents convey with the sale. The former parsonage, which has not been recently used, requires extensive renovation. It is believed that the domestic water lines have been capped off. The parsonage had previously been used for education and youth ministry. ÂIt has an unfinished basement and attic, along with two large multipurpose rooms, a storage closet, and a covered porch. The property is located within the historic district of Hyattstown (M10-59), but has no easements; thus, the property has no historic restrictions, as of 2022. The complex is served by well and septic. According to county information, the property is S-1, and could be connected to the sewer main. Please contact the county or a civil engineer for information on connecting to public sewer. The cemetery conveys with the sale. The buyer's responsibility regarding the cemetery is to permit public access during reasonable times, to keep the grass mowed, and to permit (at no cost to buyer) any remaining scheduled burials.ÂÂA map is available with a signed LOI. There is expected to be an endowment for care of the cemetery; the amount is anticipated to be $100,000, disbursed annually over approximately 10 years. To schedule a tour, please have your real estate professional book through ShowingTime. There is no option to lease. The seller has limited knowledge about the property and welcomes buyers to undertake a full inspection. The property sold as is. Owner financing may be available for a full-price offer. Terms: 30% down, 7.5% interest, amortized over 20 years, 5-year balloon. The seller makes no representation regarding condition, zoning, or use. Buyers should address any issues during the study period.

    Beds:
    n/a
    Baths:
    Sq.Ft.:
    1,200
    Status:
    Active
    MLS#:
    MDMC2120652
    Type:
    Other
    Subdivision:
    None Available
    Lot size:
    29.87 Acres
    Year built:
    1820
    Courtesy: Keller Williams Realty Centre
    View additional info

    Discover the opportunity of owning a turnkey operation at 13107 Prices Distillery Road, Clarksburg, Maryland! Situated on the historic Prices Distillery Road, this address embodies a rich heritage dating back generations. Conveniently located just moments away from Clarksburg's amenities and attractions, including shopping, dining, and top-rated schools, this property offers the perfect balance of serenity and convenience. The property provides a terrific opportunity to own a turn-key business in Montgomery County. This is an opportunity to grow your existing business or start your own business. The nursery has ten greenhouses, equipment, and a store front. The nursery grows everything in the greenhouses from seed to customer. All greenhouses have water, heat, and two of the greenhouses are used for tropical plants. This is a package sale which consists of over 40 acres of property, 29.87 acres in Montgomery County and 12.24 acres in Frederick County, 10 greenhouses, tractors, delivery vehicles, and other miscellaneous equipment and inventory. The package also includes a store front. The flower shop is under a lease agreement and the owner will assume the lease. A Description of the store front: Beall's Florist has been proudly serving the community since 1961. We are family owned and operated, serving most of Montgomery County, and parts of Frederick, Carroll, and Howard Counties. We are committed to offering only the finest floral arrangements, plants, and gifts; backed by our friendly and prompt service. Because all our customers are important, our professional staff is dedicated to making your experience a pleasant one. Our friendly drivers proudly deliver your product right to the doorstep. Let Beall's Florist be your first choice for flowers. Areas Served: Our shop serves the following areas: Adamstown, Barnesville, Beallsville, Bethesda, Boyds, Brookeville, Buckeystown, Clarksburg, Comus, Damascus, Darnestown, Derwood, Dickerson, Frederick, Gaithersburg, Germantown, Hyattstown, Ijamsville, Kensington, Laytonsville, Leisure World, Lisbon, Monrovia, Montgomery Village, Mount Airy, New Market, North Potomac, Olney, Poolesville, Potomac, Rockville, Urbana and Woodbine. We also deliver to the following facilities: Barber's Funeral Home DeVol Funeral Home Molesworth Funeral Home Snowden's Funeral Home

    Beds:
    n/a
    Baths:
    Sq.Ft.:
    n/a
    Status:
    Active
    MLS#:
    WVJF139316
    Type:
    Other
    Lot size:
    4.36 Acres
    Year built:
    2019
    Courtesy: Oakcrest Commercial LLC.
    View additional info

    4.36 Acres conveniently located near Route 340 in Harper's Ferry, WV. the property is zoned commercial, light industrial or residential. Call agent for more details.

    Beds:
    n/a
    Baths:
    Sq.Ft.:
    6,036
    Status:
    Active
    MLS#:
    WVJF140610
    Type:
    Mixed Use
    Lot size:
    0.17 Acres
    Year built:
    1906
    Courtesy: Path Realty, (304) 279-6950
    View additional info

    Price Reduced! Unique opportunity to purchase a Shepherdstown landmark! Over 6,000 sq. ft. of restaurant/pub & office space available with potential for downstairs and upstairs tenant-lease income. The upstairs consists of Class-A office space with an elevator. The lower and upper-level spaces are also available for lease. Contact for your private showing! (Owner is a licensed broker.)

    Beds:
    n/a
    Baths:
    2.00
    Sq.Ft.:
    5,911
    Status:
    Active
    MLS#:
    WVJF2009296
    Type:
    Office
    Lot size:
    0.14 Acres
    Year built:
    1945
    Courtesy: Coldwell Banker Premier
    View additional info

    Reduced Price!!! Prime Commercial/Residential Property in Downtown Shepherdstown Location: Located in the heart of historic downtown Shepherdstown, this versatile property offers the perfect blend of commercial and residential potential. Situated just a short drive from Washington DC and within close proximity to Shepherd University, it presents an exceptional opportunity for investors, entrepreneurs, and those seeking a vibrant urban lifestyle. Property Features: Flexible Usage: Zoned for both commercial and residential purposes, this property is suitable for a variety of uses, including retail, office space, residential apartments, or a combination thereof. Off-Street Parking: Enjoy the convenience of off-street parking, a rare find in downtown Shepherdstown, ensuring ease of access for customers, tenants, or residents. Downtown Convenience: Experience the charm and convenience of downtown living with easy access to shops, restaurants, entertainment venues, and cultural attractions just steps away. University Proximity: With Shepherd University located nearby, the property benefits from the energy and vitality of a bustling university campus, providing potential opportunities for student housing, retail, or educational services. Investment Potential: High Demand Location: Shepherdstown's proximity to Washington DC, coupled with its vibrant downtown atmosphere and university setting, makes it a highly desirable destination for residents, students, and visitors alike. Strong Rental Market: Take advantage of the steady demand for commercial and residential properties in this thriving area, offering the potential for lucrative rental income and long-term appreciation. Development Opportunities: Explore the potential for redevelopment or adaptive reuse to maximize the property's value and capitalize on the growing demand for mixed-use properties in downtown settings. Don't Miss Out: Seize this rare opportunity to own a piece of downtown Shepherdstown's dynamic real estate market. Whether you're an investor looking for a profitable venture, a business owner seeking a prime location, or a homeowner craving urban convenience, this property offers endless possibilities. Schedule a viewing today and envision the limitless potential of this prime commercial/residential property in the heart of Shepherdstown. The rear lot with the barn does convey with this property.

    Beds:
    n/a
    Baths:
    Sq.Ft.:
    n/a
    Status:
    Active
    MLS#:
    WVJF2005636
    Type:
    Mixed Use
    Lot size:
    0.09 Acres
    Year built:
    1780
    Courtesy: RE/MAX Distinctive Real Estate, (304) 454-5535
    View additional info

    Coming to you with a very unique opportunity, 101 W German Street has so much to offer with the right touch! Here we have a restaurant/ multi family property located in West Virginia's oldest townâ¦. Shepherdstown, WV. This building was built in 1780, so it has an amazing history behind it. Not only is this a great location in downtown Shepherdstown but there is amazing opportunity here. The restaurant portion could easily be transformed into a more modern restaurant, coffee shop or even an ice cream concession stand. The location itself pulls in a lot of traffic so it would be great for a business owner. I could see this even as a completely new remodel! As we move upstairs there is a cozy 3 bedroom 1 bathroom apt that can also easily be transformed into a beautiful space. Attached to this we have 102 King street, which is a 1 bed 1 bathroom apartment. This would be a great spot for all of the shepherdstown visitors. It has a cozy feel and can be transformed into a modern small sized apartment. The convenience of this location is unmatched and would be a great investment for someone with the right vision! Bringing in a fresh new atmosphere is exactly what this needs and it could be the perfect project for you!

    Beds:
    n/a
    Baths:
    Sq.Ft.:
    n/a
    Status:
    Active
    MLS#:
    WVJF2008328
    Type:
    Retail
    Lot size:
    2.67 Acres
    Year built:
    1988
    Courtesy: Path Realty, (304) 279-6950
    View additional info

    2.67 Acres of Commercial Land located along Route 340 beside the Sheetz C Store. Property is currently occupied and leased by the Longshots Sports Bar. Appointment only.

    Beds:
    n/a
    Baths:
    Sq.Ft.:
    n/a
    Status:
    Active
    MLS#:
    MDMC2070112
    Type:
    Other
    Lot size:
    0.59 Acres
    Year built:
    1909
    Courtesy: Fathom Realty MD, LLC, (410) 874-8111
    View additional info

    1 acre with 136 Feet of frontage along Rt. 355 ⢠Prime development lot ⢠Zoned CRT - Commercial Residential Town ⢠0.5 maximum FAR. Newly installed water and sewer access at street

    Beds:
    n/a
    Baths:
    Sq.Ft.:
    5,000
    Status:
    Active
    MLS#:
    MDMC2082856
    Type:
    Retail
    Lot size:
    1.41 Acres
    Year built:
    2023
    Courtesy: AMR Commercial, LLC
    View additional info

    This "to be constructed" 5,000 square foot building can accommodate just about any retail use, office, medical, dental, restaurant, health club uses and much much more. Construction is to be completed in the first quarter of 2024. Call for more details.

    Beds:
    n/a
    Baths:
    Sq.Ft.:
    3,200
    Status:
    Active
    MLS#:
    WVJF2011482
    Type:
    Mixed Use
    Lot size:
    0.3 Acres
    Year built:
    1915
    Courtesy: Oakcrest Commercial LLC.
    View additional info

    Prime location with great traffic counts located across from Hollywood Casino. Mixed use opportunity with retail on the first floor and residential on the second floor. The building is 3,600 square feet with .32 acres.

    Beds:
    n/a
    Baths:
    Sq.Ft.:
    2,705
    Status:
    Active
    MLS#:
    VALO2066902
    Type:
    Other
    Year built:
    1985
    Courtesy: Dudley Auctions Inc, (757) 651-1729
    View additional info

    Bank Ordered Foreclosure - Loudoun Co. - Income Producing Bank Branch Office - Leased to Nat'l Bank Tenant w Long Term Lease 2 yrs. 3 mo. remaining w 5 year renewal option in place - No Scheduled Showings Allowed - List Price is Suggested Opening Offer Amount and may not reflect the final sales price, seller reserves the right to reject any offers. Onsite and Online auction on Thursday, April 11th at 11:00 AM EST at the Loudoun County Courthouse. Income-producing commercial building with a long term tenant. The property is located in The Town of Leesburg's Economic Development Crescent Design District. It is zoned CD-C, Crescent Design â Commercial use with high traffic counts (75,000 VPD), and frontage on Market St. - Recent Appraisal Value $2,400,000 - The auction for this property will take place online and in-person on April 11th @ 11:00 AM EST, with the in-person auction being held at the Loudoun County Courthouse at 18 East Market Street Leesburg, VA 20176. ***ONLINE Bidders deposit must be received no later than 24 hours prior to the Foreclosure Auction, IN-PERSON bidders must provide the deposit in the form of a cashierâs check payable to the substitute trustee, Jeffrey A. Ward Property Highlights: Prime Location within Leesburg's Economic Development Crescent Design District Income Producing with Long-Term Lease w 2 yrs. 3 mo. remaining with a 5 year renewal option. Versatile Commercial/Industrial Use Building Area 2,705 Sq. Ft. Land Area .53 AC (23,087 Sq. Ft.) Converted to Bank Branch in 2006 Zoned CD-C, Crescent Design â Commercial Town of Leesburg Exceptional Traffic Counts - 75,000 VPD Two Curb Cuts and 97 +/- feet of Frontage on Market Street Convenient Drive-Thru Window Attractive Brick Exterior Utilities include electricity, natural gas, telephone service, public water and public sewer are available and connected Ample 7,000 SF Paved Parking Lot with 19 Parking Spaces POTENTIAL GROSS RENTAL INCOME Potential Gross Rental Income is based on current contract rent of $174,037.50, annually NET OPERATING INCOME NOI Contract Rent: $174,038, Reimbursements: $15,422, Potential Gross Income: $189,460, Operating Expenses: Real Estate Taxes $15,422, Total Expenses $15,422, NOI: $174,038 Summary of Lease Terms Tenant: National Bank & Trust Company Use: Bank branch Land Area: (acres) 0.53 Building Area (sf) 2,705 Lease Date: Original Lease: February 25, 2006 Lease Extension and Modification Agreement: December 9, 2020 Lease Commencement Date June 22, 2006 Term: Initial Term of 10 years; Two 5-year renewal options exercised Expiration Date June 31, 2026 (sic) Per Lease Extension and Modification Agreement dated December 9, 2020 Renewal Options One 5-year renewal option remaining (with 6 monthsâ notice) at $191,441.25 annual (10% escalation) Annual Base Rent Years 1-5: $130,000 ($48.06 psf GBA; $5.63 psf land) Years 6-10: $145,600 ($53.83 psf GBA; $6.31 psf land) Renewal Option 1 Years 11-15: $163,800 ($60.29 psf GBA; $7.10 per psf land) Renewal Option 2 Current Term Years 16-20: $174,037.50 ($64.34 psf GBA; $7.54 psf land) Renewal Option 3 Years 21-25: $191,441.25 ($70.77 psf GBA; $8.29 psf land) Escalations The original lease escalated 12.0% in Year 6 and 12.5% every five years thereafter. The lease rate was renegotiated with Renewal Option 2 in Year 16. The escalation for Renewal Option 3 is 10%. Operating Expenses: Triple Net; Real estate taxes are reimbursed to the Landlord

    The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright BRIGHT, All Rights Reserved

    How may I help you?

    Get property information, schedule a showing or find an agent






    We respect your privacy