8643 Cherry Lane Laurel, MD ^$ 534,600

8643 Cherry Lane

^$ 534,600

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8643 Cherry Lane

Laurel, MD, 20707

^$ 534,600

Bedrooms-- Baths-- Sq 2,600

Monthly Estimate*

^$ 3,335

8643 Cherry Lane, Laurel, MD 20707 - Image 1

8643 Cherry Lane, Laurel, MD 20707 - Image 2

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8643 Cherry Lane, Laurel, MD 20707 - Image 4

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8643 Cherry Lane, Laurel, MD 20707 - Image 11

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Commercial Property for sale in Laurel, MD

for $534,600. This 2,600 square foot building was built in 1986.

This is a beautifully built-out office/retail condominium on Cherry Lane near Route 1 in Laurel, Maryland. The first floor is nicely built out as a hair salon, and the upper level is just as nicely built out as office space. The two floors do lock off from each other if needed. The existing salon is affiliated with ownership. They may be willing to lease the space back, or the space could potentially be delivered vacant. Salon equipment and fixtures not included in sale.

Commercial Active

Price

^$ 534,600

Property Type

Commercial

Taxes

^$ 4,786

Style

Hair Salon and Spa

Year Built

1986

Town/City

Laurel

County/Region

Prince Georges

MLS | Web ID

MDPG2151048

Features

Interior

Heating Fuel Natural Gas

Flooring Fully Carpeted Hardwood

Hot Water Natural Gas

Heating Y/N Y

Central Air Y/N Y

General

Sewer Public Sewer

Heating Central

Cooling Central A/C

Possession 0-30 Days CD

Zoning I1

Construction Materials Brick

Exclusions Salon furniture fixtures and equipment from first floor

Year Built 1986

Property Subtype Mixed Use

Tax Year 2023

Ownership Condominium

Cool Fuel Natural Gas

Municipality N/A

Business Type Hair Salon and Spa

Accessibility Accessible Switches/Outlets 2+ Access Exits Doors - Swing In

County PRINCE GEORGES

New Construction N

Property Type Commercial Sale

Subdivision Name WASHINGTON PARK INDUSTRI

Possible Use Office Mixed Use

Water Access Y/N N

Status ACTIVE

Directions From Route 1 northbound in Laurel make a right on Cherry Lane. Project is on the right directly after the shopping center on the corner of Route 1 and Cherry Lane.

City LAUREL

Number Of Units Total 1

Tax Annual Amount 4786.0

Property Condition Very Good

Price Per Sq Ft Total AG 225.0

Lease Considered Y/N N

Vacation Rental Y/N N

Virtual Tour https://my.matterport.com/show/?m=CcsZWDx476T

Standard Status Active

Year Built Source Assessor

Legal Subdivision WASHINGTON PARK INDUSTRIAL CONDO PHASE 3

Exterior

Water Source Public

Type of Parking Parking Lot

Water View Y/N N

Building Area Total 2376.00

Waterfront Y/N N

Navigable Water Y/N N

Water Oriented Y/N N

Internal Only

Street Number 1 8643

* Excluded Features

List By

The Langert Commercial Group Llc

Broker

elangert@thelangertgroup.com

Affordability Calculator

$3,734

Per Month

Monthly Principal & Interest: $3,335
Monthly Property Taxes: $399
Monthly Home Insurance: --

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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

Trends
Schools

Commerical listings in Laurel, MD

Average List Price ^$392,375

Percent of Sale Price 27%

About Laurel, MD

28,936 Population

34% Since 2002

^$69,086 Median Income

37.37 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2136830 Elementary School

2137124 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/3/2025	$534,600		Listed Price

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8643 Cherry Lane, Laurel, MD, 20707 is a Commercial Property for sale at $534,600 with 2,600 sqft. 8643 Cherry Lane was built in 1986. The property's zip code is 20707 which is in Laurel, MD

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BrightMLS Broker Reciprocity^SM program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Weichert, Realtors® participates, and is provided by BrightMLS through a licensing agreement.

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8643 Cherry Lane

Commercial Property for sale in Laurel, MD

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