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114 & 122 Lafayette Avenue Sale

3 Properties in Laurel, MD

Investment Highlights

  • 122 Lafayette Avenue 30,215 SF
  • 114B Lafayette Avenue 5,100 SF
  • All sold to one buyer and leased to one tenant.
  • 114A Lafayette Avenue 6,650 SF
  • 114C Lafayette Avenue 800 SF

Executive Summary

114 & 122 Lafayette Avenue consists of multiple buildings on two parcels for a total of 42,765± SF on 3.26± acres. With warehouse, storage, office and yard components, this is an excellent opportunity for contractors and service providers. 122 Lafayette Avenue totals 30,215± SF (9,000 SF office and 21,215 SF warehouse) on 1.98± acres. The building has ample loading, with a total of five loading docks (one ramped) and a 125' rear truck court. 114 Lafayette Avenue consists of three free span metal buildings - 114A is 6,650± SF; 114B is 5,100± SF; 114C is 800± SF - on 1.28± acres. The buildings each have drive-in doors, providing excellent loading and storage options.
114 & 122 Lafayette Avenue are strategically located between Baltimore and Washington DC, with quick access to numerous highways and amenities. The sites are less than 3 miles from I-95 and the Baltimore-Washington Parkway (MD 295), approx. 10 miles from the Capital Beltway (I-495) and approx. 19 miles from the Baltimore Beltway (I-695). Additionally, these properties are adjacent to a MARC rail station, and only 15 miles from the BWI Airport. The City of Laurel offers a wide variety of restaurants, retail centers, convenience stores, and business parks, all within the vicinity of the subject properties.

Property Facts

Sale Type Investment or Owner User
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 42,765 SF
Total Land Area 4.54 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
122 Lafayette Ave, Laurel, MD 20707 Light Industrial 30,215 SF 1968 -
Bldg. A
114 Lafayette Ave, Laurel, MD 20707
Industrial 7,450 SF 1980 -
Bldg. B
114 Lafayette Ave, Laurel, MD 20707
Industrial 5,100 SF 1980 -
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  • Listing ID: 33409736

  • Date on Market: 04/10/2024

  • Last Updated:

  • Address: 114 & 122 Lafayette Avenue Sale, Laurel, MD

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