Open House: Tuesday, December 5, 2023 from 11:00 AM - 12:00 PM
10730 Connecticut Ave in , Kensington MD, 20895 - /
On Site:26 Days
Lot Size:0.46 Acres
AUCTION! Location, location! Retail building with redevelopment potential. This 2-story building contains 11,400 square feet of leasable space. It is set upon a 20,135 square foot lot with frontage on Connecticut Avenue. The property is located in Montgomery County just 10 minutes from Walter Reed National Military Medical Center and a short 15-minute drive from Washington DC. The first floor is leased to Urban Thrift and the lease expires on 5/31/24. The current rate is $12,395 per month or $148,740 annually. The second floor is a Kung Fu Studio and is currently leased on a month to month basis for $6,000 per month. The traffic count on Connecticut Avenue is over 34,000 AADT. The property occupies an outstanding high visibility corner located in the heart of Kensington. Auction to be held both on-site and on-line on on Thursday, December 7th at 1:00 pm. Call or go on-line for details. Ignore the list price and bid YOUR price at AUCTION!
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