3301 Rhode Island Avenue

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3301 Rhode Island Avenue

Mt Rainier, MD 20712
Asking Price
$680K
Asset Type
Storefront Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The property is available for purchase at $680,000.
  • This retail storefront features 2,020 square feet of space.
  • The building is situated in the city of Mount Rainier.
  • Mount Rainier is located within the Maryland metropolitan area.
  • The facility has been recently vacated for immediate buyer access.

What's Special

The sale of this 2,020 square foot retail building at 3301 Rhode Island Avenue presents a viable acquisition for owner-occupants or investors seeking storefront space in Mount Rainier. Situated within a core corridor of the Maryland suburbs, this property benefits from the density and established commercial activity characteristic of the Prince George's County market. Proximity to Washington, D.C. makes this location well-positioned for operations requiring accessibility to the broader metropolitan region. Prospective buyers might consider this asset for a variety of storefront applications, ranging from boutique retail and professional services to localized consumer-facing businesses. The recently vacated interior provides a clean slate for custom configurations or immediate tenant improvements. Given the nature of the immediate area, the building functions as a functional footprint for businesses looking to establish a footprint along the primary Rhode Island Avenue artery.

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NOI
$80,000
Cap Rate
11.76%
DSCR
1.98
Strong
Cash-on-Cash
19.43%
Monthly Payment
$3,364.269
Annual Cash Flow
$39,628.772

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