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120 2Nd Street Laurel, MD $ 1,059,000
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120 2Nd Street
$ 1,059,000
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120 2Nd Street

Laurel, MD, 20707
$ 1,059,000
Bedrooms-- Baths-- Sq 4,700

Monthly Estimate*

$ 6,520

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Commercial Property for sale in Laurel, MD

for $1,059,000. This 4,700 square foot building was built in 1900 on a lot size of 0.21.

Introducing a prime investment opportunity at 120 Second Street, Laurel, MD. This beautifully renovated 6- UNIT building spanning 5,616 total SF is ideal for a discerning Multifamily / Low-Rise investor who wants to add Commercial to their portfolio. Zoned CG and strategically located in the sought-after Laurel area, this property offers a lucrative rental potential and a strong foundation for long-term growth. Don't miss the chance to add this exceptional asset to your portfolio and capitalize on the thriving real estate market. This property includes 5 residential units and 1 commercial unit, and 20 commercial parking spaces. Situated on RT 1 where 30,000 cars pass by each day. 100% Occupied. Some units are rented below market- value add opportunity.

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Commercial Active

Price

$ 1,059,000

Property Type

Commercial

Taxes

$ 8,660

Style

Apartment Building,Bed and Breakfast,Flex,Hair Sal

Lot Size

0.21

Year Built

1900

Town/City

Laurel

County/Region

Prince Georges

MLS | Web ID

MDPG2204552
Features
Interior
Heating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Y
Central Air Y/N Y
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General
Sewer Public Sewer
Heating Forced Air Radiator
Cooling Central A/C Window Unit(s)
Possession Immediate Negotiable 0-30 Days CD 120-180 Days 31-60 Days CD 61-90 Days CD 90-120 Days CD
Zoning LAUR
Security Features Carbon Monoxide Detector(s) Smoke Detector
Construction Materials Brick
Year Built 1900
Property Subtype Five Or More Units
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Municipality Laurel
Business Type Apartment Building Bed and Breakfast Flex Hair Salon and Spa Health Club Medical Other/General Retail Professional School
Accessibility 2+ Access Exits Level Entry - Main
County PRINCE GEORGES
New Construction N
Property Type Commercial Sale
Possible Use Apartment Building Apartments Barber/Beauty Bed & Breakfast Church Commercial Flex Space Financial Florist/Nursery Laundromat Mixed Use Professional Service Residential Retail School Senior Assisted/
Water Access Y/N N
Status ACTIVE
Directions From 95 north take the 216 exit (35A). Drive straight past All Saints Rd turn left on Montgomery St. drive down until you get to 2nd St then turn left. Building will be on your right hand side
City LAUREL
Number Of Units Total 6
Lot Size Units Square Feet
Lot Size Square Feet 8959.00
Tax Annual Amount 8660.0
Property Condition Excellent
Price Per Sq Ft Total AG 188.57
Acceptable Financing Cash Conventional Negotiable Private Seller Financing
Vacation Rental Y/N N
Location Type Suburban
Standard Status Active
Year Built Source Assessor
Legal Subdivision LAUREL
Total Actual Rent 99600.00
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Exterior
Parking Features Fenced Handicap Parking Lighted Parking Paved Parking Private
Water Source Public
Type of Parking Parking Lot
Foundation Details Slab
Water View Y/N N
Building Area Total 5616.00
Lot Size Acres 0.21
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 282700.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 120
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* Excluded Features
List By
Samson Properties

Broker

joseph@onestreet.one

Email

Affordability Calculator

$7,242
Per Month
90%
10%
0%
Monthly Principal & Interest
$6,520
Monthly Property Taxes
$722
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/27/2026$1,059,000 Listed Price

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120 2Nd Street, Laurel, MD, 20707 is a Commercial Property for sale at $1,059,000 with 4,700 sqft and a lot size of 0.21. 120 2Nd Street was built in 1900. The property's zip code is 20707 which is in Laurel, MD

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