Property
La Plata, MD 20646 105 Centennial Street # 301
$839,000
13 more
Presented By: Hooper & Associates
SQFT • 4,795
Home Details
HUGE PRICE REDUCTION BY $50,000 - INVESTMENT SALE - OVER 8.5% CAP RATE. Office/Retail Condominium Unit (Approx. 4,795 SF) on 1st Floor in Heart of La Plata, MD. Floor plan includes private office, two (2) 2-stall restrooms, open floor area with sales counter and outdoor patio. The space has three (3) entrances to the exterior parking and one (1) entrance onto the patio. Close proximity to Charles County Courthouse, Charles Regional Medical Center, Charles County Government Offices and La Plata Town Hall. Currently leased by Meridian Gym until July 31, 2028 w/ negotiated three (3) year renewal term. Estimated NOI (2025) = $72930 (Includes 5% Vacancy Rate). NNN Lease. Copy of Lease Available After Signing NDA.
Presented By: Hooper & Associates
Interior Features for 105 Centennial Street # 301
Other Interior Features
Central Air Y/NNo
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric
General for 105 Centennial Street # 301
AccessibilityLevel Entry - Main
Business TypeHealth Club
CityLA PLATA
Construction MaterialsBrick
Cool FuelElectric
CoolingHeat Pump(s)
CountyCHARLES
DirectionsFrom Waldorf: US Route 301 (Crain Hwy) South, Turn LEFT onto Centennial Street & Property Located RIGHT on 1st Floor.
HeatingHeat Pump(s)
Lot Size Square Feet4795.00
Lot Size UnitsSquare Feet
ModificationTimestamp2025-05-15T15:36:25
MunicipalityLa Plata
New ConstructionNo
Number Of Units Total1
OwnershipFee Simple
PossessionSettlement
Price Per Sq Ft Total AG174.97
Property SubtypeOther
Property TypeCommercial Sale
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Tax Annual Amount12027.0
Tax Assessed Value791100.0
Tax Lot301
Tax Year2024
Unit Number301
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built2007
Year Built SourceAssessor
ZoningC-B
Exterior for 105 Centennial Street # 301
Building Area Total4795.00
Car Parking Spaces10
Land Assessed Value197700.00
Land Use CodeCC
Lot Size Acres0.11
Lot Size SourceAssessor
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces10
Type of ParkingParking Lot
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo
Additional Details
Price History
Charles Torres
Owner