215 W Potomac St- 100% Leased Mixed Use Investment Property For Sale

Address: 215 W Potomac St, Brunswick, MD

Lease or Sale: Sale

Size: 6,609 SF (Per assessor)

Price: $699,000 (7.2% Cap Rate)

4 TOTAL UNITS
  • 1st Floor Commercial/Retail occupied by Kings Pizza Family since 1994
  • 2nd Floor: Oversized 4 BR / 1 BA residence
  • 3rd Floor: Apt 3A (3 BR, 1 BA)
  • 3rd Floor: Apt 3B (3 BR, 1 BA)
RECENT CAPITAL IMPROVEMENTS
  • Newer Roof
  • Newer siding on front of building
  • Newer gutters
  • Newer windows
  • Newer hot water heater
  • Newer HVAC Unit in Apt #2
  • 3rd Floor porch trim replaced
  • 3rd Floor porch wall replaced
  • Exterior front brick scraped and sealed

The property enjoys off-street parking for both the retail space and the residential units. Property is located adjacent to the very popular Smoketown Brewing Station in a major growth area of downtown Brunswick within walking distance to the Brunswick MARC Station Commuter Rail.