$1 Auction – 4,372 SF Retail Building 2242 Old Washington Rd 4,372 SF Retail Building Waldorf, MD 20601 $207,533 CAD ($47.47 CAD/SF)

Marcus & Millichap is pleased to present the opportunity to acquire a vacant, free-standing retail/office property located at 2242 Old Washington Road in Waldorf, MD 20601 (the “Property”). Formerly occupied by a veterinary clinic and boarding facility, the Property is being offered significantly below replacement cost, presenting an attractive opportunity for both owner-users and investors to acquire a high-visibility asset situated within a well-trafficked commercial corridor. FIRST BID MEETS RESERVE!
Originally constructed in 1978, the Property consists of a ±4,372 square feet building situated on a ±0.46 acres (±19,950 SF). The site provides 14 parking spaces and partially fenced rear area. Positioned along Old Washington Road, the site benefits from traffic counts of 7,872 vehicles per day and one block east of Crain Highway with traffic counts of 88,583 vehicles per day. The Property includes a highly functional animal care buildout with exam rooms, treatment and surgical areas, kennel/boarding rooms, grooming/laundry support space, offices, reception, and a fenced rear yard, making it well suited for an owner-user, veterinary operator, medical/service provider, or adaptive reuse. Located along Old Washington Road in Charles County’s largest commercial and residential hub, the asset benefits from proximity to Washington, D.C., strong household incomes, and a growing suburban consumer base. Zoned Community Commercial (CC), the Property can accommodate a wide variety of retail, office, service, and community-oriented uses, further enhancing its flexibility and long-term investment appeal.
Waldorf, Maryland is a well-established Southern Maryland submarket within commuting distance of Washington, D.C. (±30-miles), offering investors access to a large suburban consumer base in one of the region’s more affluent markets. Located in Charles County, Waldorf benefits from strong household incomes, continued mixed-use growth along Route 301(aka Crane Hwy) and Route 5 corridor, and expanding commercial investment that reinforces its role as the county’s primary retail and service hub. Charles County is part of the Washington DC metro area and one of Maryland’s most affluent markets, while major projects like Waldorf Station (proposed site 0.7-miles from Property) highlight ongoing retail, office, hotel, and residential development momentum. The area benefits from proximity to several major big box retail demand drivers, including J Lowe’s, Sam’s Club, Home Depot, Walmart, CVS, Burger King, Costco, Target, BJ’s Wholesale Club, and numerous others. The surrounding trade area is supported by ±34,575 residents within a 3-Mi radius and ±91,259 residents within a 5-Mi radius, with average household incomes of approximately $124,369 and $131,545, respectively, providing a stable consumer base for retail and service-oriented businesses.