Bought with Ayokunle Oluleye • Cummings & Co. Realtors
$720,000
$743,900
3.2%For more information regarding the value of a property, please contact us for a free consultation.
4000 MITCHELLVILLE RD #A410-A414 Bowie, MD 20716
1,670 SqFt
Key Details
Sold Price $720,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 1,670 sqft
Price per Sqft $431
MLS Listing ID MDPG2140736
Sold Date 06/13/25
Year Built 1990
Annual Tax Amount $10,136
Tax Year 2025
Property Sub-Type Office
Source BRIGHT
Property Description
NEW PRICE - PORTFOLIO SALE: Premier Medical/Office Condominiums located on 4th Floor within the OMNI Building. Three (3) Contiguous Condo Units (A-410, A-412 & A-414) for a Total of Approximately 3,590 SF. Units A412 & A414 (1,920 SF) currently leased to Mental Health Practice through May 31, 2028. Unit A410 (1,670 SF) is currently vacant. Owner will sell A410 separately from A412-A414. Rare Opportunity for Owner Occupant and Investment within the same portfolio sale.
A412-A414 NOI: $28,451.16 (June 1, 2024 - May 31, 2025)
A412-A414 Rent Increases to $38,112 per year or $3,176 per month
Condo Fee:
A414: $340.14 per month
A412: $312.93 per month
A410: $568.03 per month
2024-2025 Annual Real Estate Taxes:
A414: $2,823.50
A412: $2,597.61
A410: $4,715.24
Location
State MD
County Prince Georges
Zoning CM
Interior
Hot Water Electric
Heating Heat Pump(s)
Cooling Heat Pump(s)
Heat Source Electric
Exterior
Garage Spaces 10.0
Water Access N
Accessibility Elevator
Total Parking Spaces 10
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Prince George'S County Public Schools
Others
Tax ID 17070670182
Ownership Condominium
Special Listing Condition Standard
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