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4425 Solomons Island Road

HUNTINGTOWN, MD 20639
  • $550,000
  • STATUS: Active
  • ON SITE: 282 Days
  • ID#: MDCA2002004
UPDATED: 7 min ago
$550,000
  • 0
    BEDS
  • 2.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1980
County:

School Information

Elementary School:
Middle School:

Description

Looking for a TURN KEY Business Opportunity? This Unique Commercial property is an active working Daycare! Take over the existing clientele & turn profits from day one! Cap rate 22%! The owner is currently completely full for the licensed capacity of 30 children with the potential to increase to 47 children with an additional outdoor fire suppression tank. All of the equipment, toys, learning materials, books, cots, tables & chairs convey with the sale. Many improvements have been made over the years! New parking lot, sidewalk to lower level & outdoor lights just completed. Lower level has full kitchen, 2 baths, 2 separate rooms & open concept living area. This is the First Daycare established in Calvert County 40 years ago. It is well known throughout the community serving generations of Calvert residents! Pre-qualified buyers only. Financial information will be provided upon a letter of intent to purchase. A contingency for review of financials up to 5 days is acceptable. Showings available on the weekends or after 7 PM.

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©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Gail Nyman Group | Re/Max United Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-06-30T12:59:10.937.
www.gailnymanhomes.com/homes/121602571
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4425 Solomons Island Road HUNTINGTOWN, MD 20639

  • Price: $550,000
  • Status: Active
  • On Site: 282 Days
  • Updated: 7 min ago
  • ID#: MDCA2002004
0
Beds
0
Baths
0
½ Baths
2.14
Acres
1980
Built
Neighborhood:
None Available
County:
Calvert
Elementary School:
Huntingtown
Middle School:
Plum Point
School District:
Calvert County Public Schools
Property Description
Looking for a TURN KEY Business Opportunity? This Unique Commercial property is an active working Daycare! Take over the existing clientele & turn profits from day one! Cap rate 22%! The owner is currently completely full for the licensed capacity of 30 children with the potential to increase to 47 children with an additional outdoor fire suppression tank. All of the equipment, toys, learning materials, books, cots, tables & chairs convey with the sale. Many improvements have been made over the years! New parking lot, sidewalk to lower level & outdoor lights just completed. Lower level has full kitchen, 2 baths, 2 separate rooms & open concept living area. This is the First Daycare established in Calvert County 40 years ago. It is well known throughout the community serving generations of Calvert residents! Pre-qualified buyers only. Financial information will be provided upon a letter of intent to purchase. A contingency for review of financials up to 5 days is acceptable. Showings available on the weekends or after 7 PM.
Exterior Features

Construction Materials Vinyl Siding Garage YN No Lot Features Level Parking Types DrivewayParking Lot Property Condition Excellent Riparian Rights YN No Roof Asphalt Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 3132.00 Cooling Central A/C Flooring ConcreteVinyl Heating Heat Pump(S) Heating YN Yes Inclusions Playground EquipmentAll Child Care SuppliesCotsDesksChairsBooks Net Square Feet 3132.00

Property Features

Acceptable Financing CashConventional Accessibility Features Level Entry - Main Annual Gross Expense 25000.00 Assessment Year 2022 Business Type Day Care Facility Central Air YN Yes Cooling Fuel Electric Electric Expense 4300.00 Elevators 0 Foundation Details Block Heating Fuel Electric Historic YN No Hot Water Electric Lease Considered YN No Maintenance Expense 550.00 Navigable Water YN N Net Operating Income 100150.00 New Construction YN No Number Of Units Total 2 Operating Expense 76500.00 Operating Expense Includes Cable TvInsurance Original MLSNumber 801066002484 Ownership Interest Fee Simple Possession Settlement Property Sub Type Services Sale Type Standard Sewer Septic Exists Tax Annual Amount 3863.00 Tax Assessment Amount 348267.00 Utilities Cable Tv AvailableElectric Available Vacation Rental YN No Water Source Well Zoning Rur Zoning Description Commercial

Listing courtesy of Home Towne Real Estate.


©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Gail Nyman Group | Re/Max United Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-06-30T12:59:10.937.
 
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14340 Old Marlboro Pike
Upper Marlboro MD, 20772