204 Banjo LnCentreville, MD 21617

For Sale
$700,000

Multi-tenant warehouse, strong income.

Overview

Added:
Dec 11, 2024
Days on market:
92
This 7,198 square foot Class C warehouse, located at 204 Banjo Ln, Centreville, MD 21617, presents a compelling investment opportunity. Built in 1978, the property boasts eight units with a remarkable 93% occupancy rate, generating immediate income potential through short-term gross leases. The exceptional zoning allows for versatile tenant use, enhancing the property's adaptability and long-term value. Situated in Queen Anne's County, this multi-tenant building offers on-site parking and benefits from a strong leasing history. The asking price is $700,000. This well-maintained property provides a sustainable investment in the industrial/flex space market, promising continued success and growth. The property's strategic location and high occupancy rate make it an attractive option for investors seeking a stable and profitable asset. The property is zoned C-1.

Highlights

  • Strong leasing history.
  • Exceptional C-1 zoning allowing versatile tenant use.
  • On-site parking.

Property Details for 204 Banjo Ln

Property type
Other warehouses, Other industrial properties
Square Feet
7,198 SF
Class
C
Year Built
1978

Location Insight

City
Centreville
County
Queen Anne's
State
Maryland
Latitude
39.0452537
Longitude
-76.0627719
204 Banjo Ln, Centreville, Maryland

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204 Banjo Ln
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