2919 Olney Sandy Spring Road # 2919-E Olney, MD $ 275,000
2919 Olney Sandy Spring Road # 2919-E
$ 275,000
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2919 Olney Sandy Spring Road # 2919-E

Olney, MD, 20832
$ 275,000
Bedrooms-- Baths-- Sq 874

Monthly Estimate*

$ 1,716

2919 Olney Sandy Spring Road # 2919-E, Olney, MD 20832 - Image 1
2919 Olney Sandy Spring Road # 2919-E, Olney, MD 20832 - Image 2
2919 Olney Sandy Spring Road # 2919-E, Olney, MD 20832 - Image 3
2919 Olney Sandy Spring Road # 2919-E, Olney, MD 20832 - Image 4
2919 Olney Sandy Spring Road # 2919-E, Olney, MD 20832 - Image 5
2919 Olney Sandy Spring Road # 2919-E, Olney, MD 20832 - Image 6
2919 Olney Sandy Spring Road # 2919-E, Olney, MD 20832 - Image 7

Commercial Property for sale in Olney, MD

for $275,000. This 874 square foot building was built in 1983 on a lot size of 0.05.

Prime Investment Opportunity: Established Kumon Learning Center Are you passionate about education and seeking a fulfilling business venture? This well-established Kumon Learning Center presents an exceptional opportunity to own a respected education franchise with proven success and immediate cash flow potential. Business Highlights: -Established client base with consistent enrollment -Strong reputation in the community -Proven operational systems and marketing support -Flexible schedule without traditional retail constraints -Immediate positive cash flow and revenue potential -Strategic location with growth opportunities Why This Kumon Franchise Stands Out: Unlike traditional retail businesses, this Kumon center offers remarkable flexibility in operations. The structured learning system allows you to maintain an optimal work-life balance while building a meaningful enterprise. Evening and weekend hours align perfectly with students' schedules, eliminating the need for extended retail hours or constant on-site presence. Operational Advantages: The Kumon method's systematic approach creates a self-sustaining business model. Former students often transition into becoming assistants, providing a reliable pipeline of qualified staff who understand the methodology firsthand. This unique aspect significantly reduces hiring and training challenges while maintaining high-quality learning. Financial Opportunity: This turnkey operation offers immediate income potential with established revenue streams. The business model features: Predictable monthly recurring revenue -Low overhead costs -Minimal inventory requirements -Strong profit margins -Multiple revenue streams through enrollment and materials Growth Potential: The education sector's stability, combined with increasing parental focus on academic excellence, positions this business for continued growth. The current market environment presents numerous opportunities for expansion and program enhancement. Support Structure: As a Kumon franchisee, you'll benefit from: -Comprehensive corporate training -Proven marketing systems -Established operational procedures -Ongoing franchise support -National brand recognition Ideal Owner Profile: This business is perfect for: -Education professionals seeking ownership -Entrepreneurs passionate about child development -Investors looking for a stable, meaningful business -Professionals seeking work-life balance -Those interested in community impact Transaction Details: The sellers are committed to ensuring a smooth transition and are willing to consider owner financing for qualified buyers who provide a substantial down payment. This flexibility in financing, combined with the business's immediate income potential, creates an attractive investment opportunity. Next Steps: -Qualified buyers are invited to submit their credentials for review. Upon signing an NDA, detailed financial information and operational metrics will be provided.

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Commercial Active

Price

$ 275,000

Property Type

Commercial

Taxes

$ 2,980

Style

School

Lot Size

0.05

Year Built

1983

Town/City

Olney

County/Region

Montgomery

MLS | Web ID

MDMC2162950

Features
Interior
Heating Fuel Electric
Flooring Carpet
Hot Water Electric
Total Stories 1
Heating Y/N Y
Central Air Y/N N
Total Restrooms 1
Number of Elevators 0
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General
Sewer Public Sewer
Heating Forced Air
Possession Coin w/Sell Sett
Zoning OM
Construction Materials Block Brick
Year Built 1983
Unit Number 2919-E
Property Subtype Services
Tax Year 2024
Current Use School
Business Type School
Accessibility None
Business Name Kumon Learning Center
County MONTGOMERY
New Construction N
Property Type Business Opportunity
Water Access Y/N N
Status ACTIVE
Directions Take Route 108 to 2919 Olney Sandy Spring Road. Property is at the back left of the complex.
City OLNEY
Lot Size Units Square Feet
Lot Size Square Feet 2324.00
Tax Annual Amount 2980.0
Property Condition Very Good
Price Per Sq Ft Total AG 314.65
Acceptable Financing Cash Seller Financing Conventional
Leasable Area 874
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
Legal Subdivision OLNEY PROF PARK CODM
Leasehold Rent $/Mo 2000.00
Lease Amount Frequency Monthly
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Exterior
Water Source Public
Type of Parking Parking Lot
Foundation Details Slab
Water View Y/N N
Building Area Total 874.00
Lot Size Acres 0.05
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 72000.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 2919
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* Excluded Features
List By
Keller Williams Realty Centre

Broker

alikay.re@gmail.com

Email

Affordability Calculator

$1,964
Per Month
87%
13%
0%
Monthly Principal & Interest
$1,716
Monthly Property Taxes
$248
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/15/2025$275,000 Listed Price

Map


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2919 Olney Sandy Spring Road # 2919-E, Olney, MD, 20832 is a Commercial Property for sale at $275,000 with 874 sqft and a lot size of 0.05. 2919 Olney Sandy Spring Road # 2919-E was built in 1983. The property's zip code is 20832 which is in Olney, MD