$875,000

11,686

square ft

22695 Washington Street

LEONARDTOWN, Maryland 20650

Closed / MLS #MDSM172000 / Commercial / Mixed Use / LEONARDTOWN

Listing information updated 4/11/2022 at 11:23am

This is the sale of an iconic building in the Heart of Leonardtown, adjacent to Leonardtown Square. It consists of a 3450 SF restaurant, seven upstairs one bedroom apts. at 3450 SF, the original Theater space of 4786 SF, and a basement of 2948 SF. All sizes are approximate. The restaurant enjoys a long term lease, while the apts. have annual leases with various expiration dates. A savvy investor will improve the theater space, which has three separate entrances, a bathroom, the original stage, and balcony seating. What a perfect location for wedding receptions, concerts, and other public events inspired by the Town of Leonardtown! The theater is a high cube cold vanilla shell with a separate gated entrance off Washington St. Walking distance to the Leonardtown Wharf with boat slips and kayak launch. Shopping, restaurants, stores, and professional services are nearby. Plenty of on-street parking and close to a public parking lot. This is the first time the property has been for sale in years, don't hesitate!

Full Features

Acreage:

0.32

Built:

1946

Cooling System:

Central A/C,Ductless/Mini-Split,Heat Pump(s),Multi Units,Pro

Roof:

Pitched,Rubber,Other

Business Use:

Apartment Building, Restaurant/Bar

Zoning:

C-G

Building Square Feet:

11,686

Current Net Income:

$84,501

Taxes & Assessments

Tax Amount:

$10,381

Tax Year:

2020

Location

Zip Code:

20650

City:

Leonardtown

County:

Saint Marys

Acreage:

0.32

Built:

1946

Cooling System:

Central A/C,Ductless/Mini-Split,Heat Pump(s),Multi Units,Pro

Roof:

Pitched,Rubber,Other

Business Use:

Apartment Building, Restaurant/Bar

Zoning:

C-G

Building Square Feet:

11,686

Current Net Income:

$84,501

Tax Amount:

$10,381

Tax Year:

2020

Zip Code:

20650

City:

Leonardtown

County:

Saint Marys

Listing Office: O Brien Realty

Listing Office Phone: 301.863.2400

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