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10730 Connecticut Ave
11,400 SF Vacant Retail Building Kensington, MD 20895 $3,650,000 USD ($320 USD/SF)
Investment Highlights
- Highly Visible
- Open Plan on each floor
- Great Parking
Executive Summary
Vacant and ready for new occupant. Building fronts on Connecticut Avenue at the intersection of University Boulevard. First floor was a retail store and second floor was a martial arts studio. Approximately 800 s.f. of basement storage space exists below the south side of the building. Prominent building signage is available. The CRT zoning permits many uses including retail, school, office, garden center, day care, restaurant, medical clinic, health club and much more.
Property Facts Under Contract
Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Building Size
11,400 SF
Building Class
C
Year Built
1959
Price
$3,650,000 USD
Price Per SF
$320 USD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
10’
Building FAR
0.57
Lot Size
0.46 AC
Zoning
CRT-1.5 C-1.0 R-0.5, H60' - The CRT zones permits a mix of residential and nonresidential uses at varying densities and heights.
Parking
39 Spaces (3.42 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Pylon Sign
- Signalized Intersection
- Storage Space
Walk Score ®
Very Walkable (74)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 13-01021521 | Improvements Assessment | $1,511,400 USD |
Land Assessment | $1,069,700 USD | Total Assessment | $2,581,100 USD |
PROPERTY TAXES
Parcel Number
13-01021521
Land Assessment
$1,069,700 USD
Improvements Assessment
$1,511,400 USD
Total Assessment
$2,581,100 USD
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10730 Connecticut Ave
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