MLS#MDPG2201814
STATUSACTIVE
PROPERTY TYPECommercial -
SCHOOLPRINCE GEORGES COUNTY PUBLIC SCHOOLS
Property Description
Property Overview 6 lots sold together – a unique investment package featuring one standalone commercial building (formerly J&J Transmission) and two single-family homes with rental income potential. Total land area: 1.29 acres. Zoning flexibility – newly designated RMF-20 and RSF-65 zoning allows for a variety of uses including retail and restaurants such as Starbucks or similar concepts, office space and convenience stores, and multifamily or townhome development. Prime location and accessibility – strategically positioned on Martin Luther King Jr. Highway just south of Landover Road (MD 202), with high traffic flow, excellent visibility, an on-site WMATA bus stop (A12 and F12 routes), and surrounded by businesses, churches, and residential communities. Endless Development Potential Commercial expansion – develop a high-traffic retail hub while Investors and developers – this is an opportunity to transform a high-potential site into a thriving destination. Option 2 Own a shipping business and need storage space? Convert the standalone commercial building into a warehouse while continuing to rent out the two existing homes for steady income. Rental Income Potential Two-bedroom home: $1,900 per month Five-bedroom home: $2,800 per month Total annual rental income from homes: $56,400 Flex space rental after renovation: $8,000 to $10,000 per month Total annual rental income from flex space: $96,000 or more Potential total annual income exceeds $150,000. If you prefer not to purchase the full portfolio, you may purchase 7300 Martin Luther King Jr. Highway separately for $1.2 million. Contact us today to explore the possibilities
Property Features
Property Type: Commercial -
Cooling: None
Fuel Type: None
Heating: None
Lot Size: 0.36 Acres
Taxes: $4,631
Year Built: 1940
Feature Descriptions
Days on Site: 2
Exterior: Mixed
Lot Dimensions: 0.36 Acre(S)
Parking Notes: Private
Sewer: Public Sewer
Total Garage/Parking Spaces: 30
Units: 1
Water: Public
Local Schools
School District: PRINCE GEORGES COUNTY PUBLIC SCHOOLS
Listed By / Shown By
Listed By
Agency Name: RE/MAX Allegiance
Agency Phone: 7032379500
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0400
7300 Martin Luther King Jr Highway | MLS# MDPG2201814
This commercial property located at 7300 Martin Luther King Jr Highway , Hyattsville, MD 20785 is currently listed for sale with an asking price of $1,700,000. Martin Luther King Jr Highway is located within the PRINCE GEORGES COUNTY PUBLIC SCHOOLS school district. Search Hyattsville real estate on www.realtymark.net today.