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105 Centennial St #301

$839,000

105 Centennial St #301, La Plata, MD 20646

Active
Last Updated: 07/01/2025

4,795 sqft

Building Size

2007

Year Built

Details:
Building Size:    4,795 sqft
Year Built:    2007
Price Per Sqft:    $174.97
Zoning:    C-B
Highlights:
  • Days on Market: 97
  • Heating: Heat Pump(s)
Description:

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.

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