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Louise Molton, Principal Broker, RE/MAX West End
Mobile Phone:
703-244-1992
info@moltonrealestate.com
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Louise Molton, Principal Broker, RE/MAX West End
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Mobile Phone:
703-244-1992
info@
moltonrealestate.com
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Glen Echo MD Real Estate & Commercial for Sale

1 Properties Found

The median home value in Glen Echo, MD is $975,000. This is higher than the county median home value of $413,625. The national median home value is $209,892. The average price of homes sold in Glen Echo, MD is $975,000. Approximately 59% of Glen Echo homes are owned, compared to 32% rented, while 6% are vacant. Glen Echo real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Glen Echo real estate agent to arrange a tour today!
Learn more about Glen Echo Real Estate.


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Beds:
n/a
Baths:
Sq.Ft.:
8,625
Status:
Active
MLS#:
MDMC651492
Type:
Retail
Lot size:
0.21 Acres
Year built:
1933
Courtesy: O'Neill Realty Advisors, LLC
View additional info

~Opportunity to add value through increased rent. ~Solid investment income with local, historically stable tenancy.~The property is located in the town of Glen Echo, one of Washington, DC's most desirable neighborhoods with rich history and attractive architecture.~The property~s proximity to Washington, DC, Northern VA and Bethesda, MD as well as the vehicular corridors of I-495, I-270, Clara Barton Parkway and Massachusetts Avenue.~Property has excellent visibility and exposure along the MacArthur Blvd corridor. This gives signage potential to users and owners. ~The property~s proximity to retail, food, restaurants and other amenities for employees.~The property has CRT Zoning, therefore it enjoys great flexibility and can be permitted by mater of right many uses, including office, retail or residential.~The property has abundant parking on site that conveys.~The building has been updated recently with floor plates that are divisible and set up for multi-tenancy. ~The building is easily self-managed.~Property enjoys excellent demographics: Median household income= $208,578/year (one mile radius), 2018 total population= 305,240 (five mile radius), Median home value= $930,532 (three mile radius).~The property is set in a tranquil and quiet environment.~The building has ample restrooms and multi-zoned HVAC for each leasable space.~Current private office setup with flexible floor plans.~The property can be vacated immediately upon sale.~The property has good visibility and easy ingress and egress for vehicles. ~The property is fully sprinklered for fire suppression.~The spaces/floors can be divided, attractive to both owner occupants and investors.~The supply for this type of property, and the availability to purchase them, is very limited.~High barrier to entry in this neighborhood.

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