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Riverdale Restaurant/Retail Investment Opportunity
6205-6211 Baltimore Avenue
Riverdale, MD 20737 Map Listing...
Catylist ID: 1822575
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Property Type: |
Retail-Commercial
for Sale
Restaurant |
| Building Size (RSF): | 7,110 SF |
| Sale Price: | $2,500,000 |
| Unit Price: | $351.62 Per SF |
| Property Status: | Existing |
| Total Land Size: | 15,330 SF |
| Sale Terms: | Cash to Seller |
| Cap Rate: | 7.0% |
| Last Updated: | 9/3/2010 |
Property Overview |
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Redeveloped corner of Rt. 1 & East-West Hwy. near U of Maryland contains 3 contiguous restaurant properties, each having a kitchen and parking. Fully leased with a 7% cap rate. $2,500,000 6205 Baltimore Avenue contains ### 2500 SF 6209 Baltimore Avenue contains - 2400 SF 6211 Baltimore Avenue contains ### 2210 SF + 2,000 sf basement |
Additional Details |
| Nearest MSA: | Washington-Arlington-Alexandria |
| County: | Prince Georges |
| Property Use Type: | Investment, Net Leased Investment (NNN) |
| Zoning: | MUTC |
2000 CensusDemographic Statistics |
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 16,929 | 165,033 | 471,850 |
| Median Age: | 34 | 30 | 33 |
| Households: | 6,050 | 56,029 | 171,256 |
| Avg. Household Income: | $63,551 | $53,490 | $52,732 |
| More Demographic Statistics | |||
For More Information, Contact… |
(301) 881-1700 [Office]
202-298-1222 [Fax]
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Additional Associates:
William D. Edens
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| Note: The information presented herein is provided as is, without warranty of any kind. Neither CIE360 nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions. |