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602 Montgomery Street

LAUREL, MD 20707
  • $1,495,000
  • STATUS: Active
  • ON SITE: 51 Days
  • ID#: MDPG2186352
UPDATED: 15 min ago
$1,495,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1947
County:

School Information

High School:

Description

Portfolio Sale – Prime Mixed-Use Opportunity in Downtown Laurel. An opportunity to acquire a mixed-use portfolio consisting of a fully leased mixed-use building plus two additional contiguous residential lots, all offered together and not to be sold separately. The mixed-use property features three second-floor residential apartments generating rental income, along with a first-floor retail space offering strong visibility and income potential. Ideal for investors seeking steady cash flow with upside. Also included are two separate residential lots located at 601 and 603 Park Avenue, the lots are contiguous providing tremendous development or expansion potential. 601 Park Ave lot: 6,809 sq ft 603 Park Ave lot: 6,371 sq ft. The building is located just minutes from downtown Laurel, this portfolio offers proximity to shops, dining, transportation, and ongoing area growth. A unique opportunity to own income-producing mixed-use real estate plus additional land in a high-demand location.

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©2026 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 The Lisa Mathena Group. 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: 2026-02-07T07:52:05.73.
www.lisasellsdelaware.com/homes/171442615
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602 Montgomery Street LAUREL, MD 20707

  • Price: $1,495,000
  • Status: Active
  • On Site: 51 Days
  • Updated: 15 min ago
  • ID#: MDPG2186352
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1947
Built
Neighborhood:
Laurel Park
County:
Prince Georges
High School:
Laurel
School District:
Prince George's County Public Schools
Property Description
Portfolio Sale – Prime Mixed-Use Opportunity in Downtown Laurel. An opportunity to acquire a mixed-use portfolio consisting of a fully leased mixed-use building plus two additional contiguous residential lots, all offered together and not to be sold separately. The mixed-use property features three second-floor residential apartments generating rental income, along with a first-floor retail space offering strong visibility and income potential. Ideal for investors seeking steady cash flow with upside. Also included are two separate residential lots located at 601 and 603 Park Avenue, the lots are contiguous providing tremendous development or expansion potential. 601 Park Ave lot: 6,809 sq ft 603 Park Ave lot: 6,371 sq ft. The building is located just minutes from downtown Laurel, this portfolio offers proximity to shops, dining, transportation, and ongoing area growth. A unique opportunity to own income-producing mixed-use real estate plus additional land in a high-demand location.
Exterior Features

Construction Materials BrickBlockVinyl Siding Garage YN No Location Type Free Standing Lot Features Adjoins - Open Space Parking Features Unassigned Parking Types DrivewayOn StreetParking Lot Property Condition Good Road Responsibility City/County Road Surface Type Black Top Roof Tar/Gravel Water Access YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 6185.00 Cooling Window Unit(s)Central A/C Flooring VinylWood Heating 90% Forced AirCentral Heating YN Yes Net Square Feet 6185.00

Property Features

Acceptable Financing CashConventional Accessibility Features 32"+ wide Doors Central Air YN Yes Cooling Fuel Electric Cross Street 6th Street Foundation Details Brick/Mortar Heating Fuel Oil Historic YN No Hot Water Electric Lease Considered YN No Municipality Laurel Navigable Water YN N New Construction YN No Number Of Units Total 2 Original MLSNumber 804371962822 Ownership Interest Fee Simple Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 11044.00 Tax Lot 13 Utilities Cable TV AvailableMultiple Phone LinesNatural Gas Available Vacation Rental YN No Water Source Public Zoning LAUR Zoning Description Commercial-Mixed use

Listing courtesy of Samson Properties: .


©2026 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 The Lisa Mathena Group. 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: 2026-02-07T07:52:05.73.
 
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