Active

9713 Inaugural Way

Montgomery Village MD, 20886

$1,499,999


$281.11 per sqft

Active

5,336 sqft

Commercial

Built in 1978

We are pleased to present the opportunity to acquire Established Assisted Living in MD, a 3,629 square foot retail center located in the affluent and rapidly growing community of Montgomery Village , MD. The Property is included in the sale and built out to accommodate and service 8 tenants with a huge value add component for raising revenue. Close access to quick service restaurants, personal care, and shopping. This 30 yr+ established Assisted Living is a great acquisition for an established operation or new to the business operator. At market rate, new owners will have an opportunity to increase revenues to 624,000.00 per year.

MDMC2110906

MLS ID

October 23, 2023

Listed

June 11, 2024

Updated

Map

9713 Inaugural Way
Montgomery Village MD, 20886

Interior Features

Appliances

Electric Water Heater


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Forced Air, Natural Gas

Exterior/Building Features

Lot Size

0.22 Acres


Sewer

Public Sewer

Other Property Details

Taxes

$7,118


Tax Frequency

Annually


Days on Market

201


Garage

No


Parking

On Street


Parking Total

8


View

No


County

MONTGOMERY


Water Source

Public


Pool

No


Buyer Agency Compensation

2%

Listed by David Adebayo, with RE/MAX Excellence Realty
Listing Contact: 3016033606 

The IDX display contains information sourced from the Bright MLS, Inc. as of 6/11/2024. 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 6/11/2024 at 3:34 PM UTC

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