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Portfolio Sale - Prime Mixed-Use Opportunity in Downtown Laurel. An opportunity to acquire a mixed-use portfolio consisting of a fully leased mixed-use building plus two additional contiguous residential lots, all offered together and not to be sold separately. The mixed-use property features three second-floor residential apartments generating rental income, along with a first-floor retail space offering strong visibility and income potential. Ideal for investors seeking steady cash flow with upside. Also included are two separate residential lots located at 601 and 603 Park Avenue, the lots are contiguous providing tremendous development or expansion potential. 601 Park Ave lot: 6,809 sq ft 603 Park Ave lot: 6,371 sq ft. The building is located just minutes from downtown Laurel, this portfolio offers proximity to shops, dining, transportation, and ongoing area growth. A unique opportunity to own income-producing mixed-use real estate plus additional land in a high-demand location.
| DAYS ON MARKET | 0 | LAST UPDATED | 12/17/2025 |
|---|---|---|---|
| TRACT | LAUREL PARK | YEAR BUILT | 1947 |
| COUNTY | PRINCE GEORGES | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| School District | PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS |
|---|---|
| High School | LAUREL |
| ADDITIONAL DETAILS | |
| AIR | Central Air, Electric, Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Water Heater |
| CONSTRUCTION | Block, Brick, Vinyl Siding |
| HEAT | Central, Forced Air, Oil |
| LOT | 6970 sq ft |
| LOT DESCRIPTION | Cleared |
| PARKING | On Street, Unassigned, Driveway, Parking Lot |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | LAUREL PARK |
| TAXES | 11044 |
| UTILITIES | Cable Available, Natural Gas Available |
| WATER | Public |
| ZONING | Commercial-Mixed use |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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