104 Ridgeville BlvdMount Airy, MD 21771

This exceptional 2,730 square foot traditional office building, situated at 104 W Ridgeville Blvd in Mount Airy, Maryland, presents a compelling investment opportunity. Built in 1920, this two-story building boasts a desirable location on a main road, offering high visibility and proximity to numerous neighboring businesses. Currently operating under a net lease agreement (NNN) with a lease term of two years commencing September 14, 2022, and expiring September 14, 2024, the property enjoys 100% occupancy. The asking price is $700,000, translating to a price per square foot of $256.41 and a cap rate of 6.86%. The building features an open floor plan, large retail windows, and a separate entrance for the upper level. Nine parking spaces are available, and the property offers ample land for potential expansion or the addition of outbuildings. The building's Net Operating Income (NOI) is $48,000. This property is ideal for investors seeking a strong return in a prime Mount Airy location. The property is located in Frederick County, Maryland, zip code 21771.