About 105 Centennial St #301
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.
Features of 105 Centennial St #301
| MLS® # | MDCH2041236 |
|---|---|
| Price | $839,000 |
| Bathrooms | 0.00 |
| Square Footage | 4,795 |
| Acres | 0.11 |
| Year Built | 2007 |
| Type | Commercial Sale |
| Sub-Type | Other |
| Status | Active |
Community Information
| Address | 105 Centennial St #301 |
|---|---|
| City | LA PLATA |
| County | CHARLES-MD |
| State | MD |
| Municipality | La Plata |
| Zip Code | 20646 |
Amenities
| Is Waterfront | No |
|---|
Interior
| Heating | Heat Pump(s) |
|---|---|
| Cooling | Heat Pump(s) |
| Has Basement | No |
| Fireplace | No |
Exterior
| Exterior | Brick and Siding |
|---|
School Information
| District | CHARLES COUNTY PUBLIC SCHOOLS |
|---|---|
| Middle | MILTON M. SOMERS |
Additional Information
| Date Listed | March 26th, 2025 |
|---|---|
| Days on Market | 203 |
| Zoning | C-B |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Hooper & Associates |
|---|