2309 Mountain Road

For Sale$1,700,000

2309 Mountain Road, Pasadena, MD 21122

  • Mixed Use

2309 Mountain Road, Pasadena, MD 21122 - Mixed Use Space

2309 Mountain Road is located at 2309 Mountain Road in MD, Pasadena, 21122. The Mixed Use building was completed in 1986 and features a total of 1.37 Acre.

Details

  • Sale Price $1,700,000
  • City Pasadena
  • Zip Code 21122
  • Market Sacramento
  • Property Type Mixed Use
  • Property Size 1.37 Acre
  • Lot Size 1.37 Acre
  • Parking Spaces Avail. 40
  • Parking Ratio 29197.08/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Year Built 1986
  • Date Updated 29 Mar, 2019
  • Construction Type Masonry

Description

Busy Mountain Road, Pasadena, Maryland 300' frontage. Easy access to MD Rt 100 (major E/W Highway).

Seeking a strong NNN Tenant for this ideally situated 1.37 ac parcel: Fuel/convenience /retail location on a very busy major road. Currently has $5,000.00+/mo. income with 3 year tenant and w/ add'l .7 acre of vehicle storage on monthly terms. Ideal Tenant will hold and operate under a long-term lease and is intent upon constructing a retail leasehold building, other investment improvement or an Owner-User improvement on the parcel. We can help with locating a mortgaging entity for your improvements. With 25% down, Lease costs will be approx. $8,000/month offset by income from the existing sub-leasehold of $5,000+ Monthly. Call our office for details. Water & Sewer available at lot line.

FREQUENTLY ASKED QUESTIONS

What is the lease rate for 2309 Mountain Road?

Rental asking rate at 2309 Mountain Road is $1,700,000 per square foot.

What is the total square footage of 2309 Mountain Road?

2309 Mountain Road totals 1 square feet.

When was this property built?

2309 Mountain Road was built in 1986.

Pasadena Demographics

The average household income in zip code 21122 is $109,636, from a total of 21,639 households. In terms of employment, there are 79.75 % white-collar and 20.25 % blue-collar jobs in zip code 21122.

Population

  • Total Population28,338
  • Male Population(48.7 %) 13,800
  • Female Population(51.3 %) 14,538
  • Median Age35.80

Income/Financial

  • Average Household Income$109,298
  • Median Household Income$97,534
  • Median Income Under 25$61,612
  • Median Income 25-44$105,087
  • Median Income 45-64$109,200
  • Median Income Over 65$58,777

Commercial Broker Register now to add listings

John F. Pilkins

Pilkins Group, LLC

(410) 921-0094

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