16591 THREE NOTCH ROAD Ridge, MD $ 697,500
16591 THREE NOTCH ROAD
$ 697,500

16591 THREE NOTCH ROAD Ridge, MD, 20680

$ 697,500
Bedrooms Baths-- Sq 8,483

Monthly Estimate*

$ 2,704

How much can I afford?
16591 THREE NOTCH ROAD, Ridge, MD 20680 - Image 1
16591 THREE NOTCH ROAD, Ridge, MD 20680 - Image 2
16591 THREE NOTCH ROAD, Ridge, MD 20680 - Image 3
16591 THREE NOTCH ROAD, Ridge, MD 20680 - Image 4

Commercial Property for sale in Ridge, MD

for $697,500. This 8,483 square foot building was built in 1956 on a lot size of 1.00 Acre(s).

PRICE REDUCED! Incredible opportunity to own a multi-family / retail property with steady rental income. Downstairs there's a convenience store with liquor license and fast food, upstairs there are 5 one bedroom apts and a two bedroom apt. The building has been renovated and all units upgraded. Steady rental income, attractive corner location, plenty of parking. CAP RATE: 8.68%

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Commercial Active

Price

$ 697,500

Property Type

Commercial

Taxes

$ 5,701

Style

Other / Unknown

Lot Size

1.00 Acre(s)

Year Built

1956

Town/City

Ridge

County/Region

Saint Marys

MLS | Web ID

1000484258

Features
Interior
Cooling System Electric Cooling Heat Pump Wall Unit(s)
Flooring Carpet(s) Vinyl Flooring
Heating Source Electric
Heating System Heat Pump Hot Water Heater: Electric Programable Thermostat
Interior Walls: Dry Wall Walls: Paneled
Sewer Septic at Site
Water Source Well
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Exterior
Building Type Office
Construction Other
Driveway Paved Driveway
Foundation Concrete
Parking Free Parking Unassigned Parking
Road Frontage Access - On Grade Approved Paved State Road
Roof Composition
Siding Vinyl
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Miscellaneous
Accessibility Wide Doorways
Commercial Display Window Kitchen Signage Allowed
Location Corner Lot
Utilities Cable TV Available Electric Multiple Phone Lines Propane
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Rental
Landlord Pays Insurance Management Repairs Taxes
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* Excluded Features
List By

Listing Agent

O Brien Realty

Broker


Affordability

$ 3,179 per month
Get Pre-Approved
Monthly Principal & Interest
$2,704
Monthly Property Taxes
$475
Monthly Home Insurance
--

Default based on a 30-year fixed rate of 4.125% 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
ST. MARY'S COUNTY PUBLIC SCHOOLS School District
RIDGE Elementary School
SPRING RIDGE Middle School
GREAT MILLS High School
Pricing History
DatePricePrice ChangeDescription
12/14/2018$697,500 -6.88 % Price Down
11/19/2018$749,000 -5.79 % Price Down
5/5/2018$795,000 Listed Price

Map


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16591 THREE NOTCH ROAD, Ridge, MD, 20680 is a Commercial Property for sale at $697,500 with 8,483 sqft and a lot size of 1.00 Acre(s). 16591 THREE NOTCH ROAD was built in 1956. The property's zip code is 20680 which is in Ridge, MD