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131 Rollins Ave 1,538 SF Office/Retail Condo Unit Offered at $478,468 CAD in Rockville, MD 20852
Investment Highlights
- Rehab opportunity requiring substantial buildout
- Minutes from I-270, Exit 4
- Strong value-add opportunity in an established Rockville commercial corridor
- Just off Rockville Pike with 63,000 VPD
- Surrounded by Wegmans, Trader Joe’s, Target, Panera Bread, and Silver Diner
Executive Summary
Shout out to investors looking for a distressed property to flip: Rehab opportunity requiring substantial buildout at 131 Rollins Avenue, Rockville, just off Rockville Pike with exposure to 63,000 vehicles per day and quick access to I-270, Exit 4. Surrounded by major retail destinations including Wegmans, Trader Joe’s, Target, Panera Bread, and Silver Diner, World Market, Matchbox, Micro Center and Woodmont Country Club, this property offers a strong value-add opportunity in one of Rockville’s most established commercial corridors.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Total Building Size | 1,870 SF | Typical Floor Size | 935 SF |
| Property Type | Office (Condo) | Year Built | 1985 |
| Property Subtype | Medical | Lot Size | 0.89 AC |
| Building Class | C | Parking Ratio | 10/1,000 SF |
| Floors | 2 | Opportunity Zone |
Yes
|
| Zoning | C2 | ||
| Total Building Size | 1,870 SF |
| Property Type | Office (Condo) |
| Property Subtype | Medical |
| Building Class | C |
| Floors | 2 |
| Typical Floor Size | 935 SF |
| Year Built | 1985 |
| Lot Size | 0.89 AC |
| Parking Ratio | 10/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | C2 |
Amenities
- Metro/Subway
- Fully Carpeted
- Drop Ceiling
- Air Conditioning
1 Unit Available
Unit 3 &3A
| Unit Size | 1,538 SF | Sale Type | Investment or Owner User |
| Price | $478,468 CAD | No. Parking Spaces | 2 |
| Price Per SF | $311.10 CAD | Sale Conditions | Distress Sale, Deferred Maintenance |
| Condo Use | Office/Retail |
| Unit Size | 1,538 SF |
| Price | $478,468 CAD |
| Price Per SF | $311.10 CAD |
| Condo Use | Office/Retail |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 2 |
| Sale Conditions | Distress Sale, Deferred Maintenance |
Description
Rehab Opportunity For Sale at 131 Rollins Avenue in Rockville, just off Rockville Pike with exposure to 63,000 vehicles per day and minutes from I-270, Exit 4, and Twinbrook Metro Station. The property is surrounded by major retail, including Wegmans, The Fresh Market, Trader Joe’s, Silver Diner, Panera Bread, Target, World Market, Matchbox, Micro Center and Woodmont Country Club. Within a 5-minute drive, the area features a population of 22,034 and an average household income of $100,039, supporting strong visibility, accessibility, and consumer demand.
Sale includes two units (#3-131 & #3A-131), Condo fee $463/Mo and tax $6254/year, Property Sold AS-IS
Sale Notes
Shout out to investors looking for a distressed property to flip:
Rehab opportunity requiring substantial buildout at 131 Rollins Avenue, Rockville, just off Rockville Pike with exposure to 63,000 vehicles per day and quick access to I-270, Exit 4. Surrounded by major retail destinations including Wegmans, Trader Joe’s, Target, Panera Bread, and Silver Diner, World Market, Matchbox, Micro Center and Woodmont Country Club, this property offers a strong value-add opportunity in one of Rockville’s most established commercial corridors.
Sale includes two units (#3-131 & #3A-131), Condo fee $463/Mo and tax $6254/year, Property Sold AS-IS
IMG_1619
REHAB OPPORTUNITY
REHAB OPPORTUNITY
Major Tenant Information Click Here to Access
| TENANT | SF Occupied | LEASE END DATE |
|---|---|---|
| State Farm |
-
|
Jan 0000
|
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131 Rollins Ave
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