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    22695 Washington Street

    LEONARDTOWN, MD 20650
    • $995,000
    • STATUS: Active
    • ON SITE: 27 days
    • ID#: MDSM172000
    UPDATED: 30 min ago
    $995,000
    • 0
      BEDS
    • 0.32
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1946
    County:

    School Ratings & Info

    Description

    This is the sale of an iconic building in the Heart of Leonardtown, adjacent to Leonardtown Square. It consists of a 3450 SF restaurant, seven upstairs one bedroom apts. at 3450 SF, the original Theater space of 4786 SF, and a basement of 2948 SF. All sizes are approximate. The restaurant enjoys a long term lease, while the apts. have annual leases with various expiration dates. A savvy investor will improve the theater space, which has three separate entrances, a bathroom, the original stage, and balcony seating. What a perfect location for wedding receptions, concerts, and other public events inspired by the Town of Leonardtown! The theater is a high cube cold vanilla shell with a separate gated entrance off Washington St. Walking distance to the Leonardtown Wharf with boat slips and kayak launch. Shopping, restaurants, stores, and professional services are nearby. Plenty of on-street parking and close to a public parking lot. This is the first time the property has been for sale in years, don't hesitate!

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    ©2020 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Redux Group | Keller Williams. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2020-10-21T17:52:20.26.
    dmv.thereduxgroup.com/homes/110313791
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    22695 Washington Street LEONARDTOWN, MD 20650

    • Price: $995,000
    • Status: Active
    • Updated: 30 min ago
    • ID#: MDSM172000
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.32
    Acres
    1946
    Built
    Neighborhood:
    Leonardtown Square
    County:
    Saint Marys
    School District:
    St. Mary's County Public Schools
    Property Description
    This is the sale of an iconic building in the Heart of Leonardtown, adjacent to Leonardtown Square. It consists of a 3450 SF restaurant, seven upstairs one bedroom apts. at 3450 SF, the original Theater space of 4786 SF, and a basement of 2948 SF. All sizes are approximate. The restaurant enjoys a long term lease, while the apts. have annual leases with various expiration dates. A savvy investor will improve the theater space, which has three separate entrances, a bathroom, the original stage, and balcony seating. What a perfect location for wedding receptions, concerts, and other public events inspired by the Town of Leonardtown! The theater is a high cube cold vanilla shell with a separate gated entrance off Washington St. Walking distance to the Leonardtown Wharf with boat slips and kayak launch. Shopping, restaurants, stores, and professional services are nearby. Plenty of on-street parking and close to a public parking lot. This is the first time the property has been for sale in years, don't hesitate!
    Exterior Features

    Construction Materials Block Garage YN No Location Type Business District Lot Features LevelRoad Frontage Parking Types On StreetOff Site Property Condition Average Riparian Rights YN No Road Surface Type Access - On GradeApprovedPaved Roof PitchedRubberOther Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Building Area Total 11686.00 Cooling Central A/CDuctless/Mini-SplitHeat Pump(S)Multi UnitsProgrammable ThermostatRoof MountedZoned Flooring ConcreteHardwoodVinylTile/Brick Heating Heat Pump - Electric BackupProgrammable Thermostat Heating YN Yes Net Square Feet 11686.00 Security Features Carbon Monoxide Detector(S)Main Entrance LockMotion DetectorsSecurity SystemSmoke Detector

    Property Features

    Acceptable Financing CashConventional Accessibility Features 36"+ Wide HallsGrab Bars ModLevel Entry - MainOther Annual Gross Expense 41081.00 Assessment Year 2020 Association YN No Building Name None Available Business Type Apartment BuildingRestaurant/Bar Central Air YN Yes Cooling Fuel Electric Entry Level 1 Foundation Details BlockSlab Gross Income 125582.00 Heating Fuel Electric Historic YN No Hot Water Electric Incorporated City Name Leonardtown Insurance Expense 7000.00 Lease Considered YN No Maintenance Expense 7200.00 Navigable Water YN N Net Operating Income 84501.00 New Construction YN No Number Of Units Total 7 Operating Expense 41081.00 Operating Expense Includes SewerTrashWater Original MLSNumber 304310914784 Other Expense 11680.00 Owner Pays Accounting/LegalManagementRepairsTaxes - Personal PropertyTaxes - Real Estate Ownership Interest Fee Simple Possession Settlement Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 10380.00 Tax Assessment Amount 858333.00 Transportation Airport Less Than 10 MilesBus Stop Less Than 1 MileCommuter Lots Less Than 5 Miles Trash Expense 1100.00 Utilities Above GroundCable Tv AvailablePhone AvailablePhone ConnectedPropaneSewer AvailableWater Available Vacation Rental YN No Water Source Public Year Built Effective 2000 Zoning C-G Zoning Description Use Of The Building is Consistent With Zoning.

    Listing courtesy of O Brien Realty.


    ©2020 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Redux Group | Keller Williams. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2020-10-21T17:52:20.26.
     
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