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Investment Highlights

  • Easy reach to Washington, D.C. and Baltimore employment hubs via major transit connections.
  • Proximity to Towne Center Laurel with Regal Cinemas, Harris Teeter, and popular restaurants.

Executive Summary

Located along the historic Main Street corridor of Laurel, this mixed-use property offers both residential and commercial opportunities in one of Prince George's County’s most vibrant walkable neighborhoods. Patuxent Place boasts a collection of loft-style apartments with modern features and access to a dynamic retail environment, making this an attractive address for residents and businesses alike. Residents enjoy direct access to on-site restaurants, specialty shops, fitness options, and personal services, creating a true live-work-play environment. The property’s prime location provides seamless connectivity to major routes, including I-95, US Route 1, Baltimore-Washington Parkway, and MD-200 (ICC), allowing for convenient commutes across the Washington-Baltimore metropolitan region. With the Laurel MARC station within walking distance and Towne Center Laurel just minutes away, tenants are steps from retail amenities and public transportation links.

2 Units Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 627
  • 1,100 SF
  • Office/Retail
  • $538,730 CAD ($489.75 CAD/SF)
  • -
Sale Type Owner User
No. Parking Spaces 400
Sale Conditions Bulk/Portfolio Sale
Description
627 Main Street Laurel, Maryland 20707
Prime Retail/Office Condo on Historic Main Street — Owner-User or Investment Opportunity
Rarely available retail/office condo situated in one of Laurel's most sought-after commercial corridors. This 1,100 SF unit at 627 Main Street offers exceptional visibility and accessibility on Historic Main Street in the heart of Laurel, Maryland — a thriving, high-traffic area with strong daytime foot traffic and a loyal local consumer base.
The property features immediate access to one of the most coveted amenities in retail real estate: a massive shared parking lot with 400+ spaces, eliminating one of the most common barriers to customer and client access. Whether you're running a medical office, boutique retail shop, salon, real estate office, insurance agency, or professional services firm, this space delivers the exposure and convenience your business demands.
Currently owner-occupied, the seller offers maximum flexibility — vacate upon closing for immediate owner-user occupancy, or negotiate a leaseback arrangement if the buyer prefers an income-producing asset from day one.
Property Highlights:
1,100 SF retail/office condo
Listed at $385,000
200+ shared parking spaces
Low condo fees: $307/month (includes trash removal, landscaping, snow removal & all common area maintenance)
Flexible delivery: seller can vacate at closing or remain as a tenant
Zoned for retail and office use
Located on Historic Main Street, Laurel, MD

Opportunity to Expand: The adjacent unit at 637 Main Street (also 1,100 SF) is simultaneously available for $385,000. Both units are currently operated as one combined 2,200 SF space and can be purchased together for a total of $770,000 — ideal for a larger owner-user or an investor seeking two contiguous income-producing units. Units can also be separated for individual use or leasing.
Sale Notes
627 Main Street | $385,000

- 1,100 SF retail/office condo on Historic Main Street, Laurel, MD
- Owner-occupied — seller will vacate at closing or can remain as tenant (leaseback negotiable)
- 400+ space shared parking lot — exceptional for retail/office use
- Low HOA/condo fees: $307/month includes trash, landscaping, snow removal & all CAM
- Ideal for owner-user, small business, or investor
- Adjacent unit (637 Main St) also available — can be purchased separately or together
- Combined purchase available: 2,200 SF for $770,000
- Both units currently operated as one combined space — easily separable
  • Unit 637
  • 1,100 SF
  • Office/Retail
  • $538,730 CAD ($489.75 CAD/SF)
  • -
Sale Type Owner User
No. Parking Spaces 400
Description
637 Main Street Laurel, Maryland 20707

Prime Retail/Office Condo — Adjacent Unit Also Available | Historic Main Street, Laurel
An outstanding opportunity to acquire a 1,100 SF retail/office condo in one of Prince George's County's most active commercial districts. Located at 637 Main Street on Historic Main Street in Laurel, Maryland, this unit offers the ideal combination of Main Street visibility, professional appeal, and effortless parking access with a shared lot boasting 400 spaces.
Currently owner-occupied as part of a combined two-unit operation with the neighboring 627 Main Street, both units are now being offered for sale — together or separately. The seller offers a flexible transition: take immediate possession at closing or retain the current occupant as a paying tenant while you settle your plans.
With low monthly condo dues of just $307 — covering trash, landscaping, snow removal, and all common area maintenance — carrying costs are minimal, making this an attractive play for both owner-users and investors.
Property Highlights:

1,100 SF retail/office condo
Listed at $385,000
400+ shared parking spaces
Condo fees: $307/month (trash, landscaping, snow removal, CAM)
Flexible delivery: seller vacates at closing or can stay as tenant
Retail and office use
Historic Main Street location, Laurel, MD

Buy Both & Maximize Your Investment: The neighboring unit at 627 Main Street is also available at $385,000. Purchase both for $770,000 and acquire a contiguous 2,200 SF space — perfect for a larger business footprint or a two-unit investment property. Units are currently operated together but can easily be separated.
Sale Notes
637 Main Street | $385,000

- 1,100 SF retail/office condo on Historic Main Street, Laurel, MD
- Owner-occupied — seller will vacate at closing or leaseback available
- 400+ space shared parking lot
- HOA/condo fees: $307/month — covers trash, landscaping, snow removal & CAM
- Contiguous to 627 Main St — buy one or buy both
- Combined purchase: 2,200 SF for $770,000
- Both units currently operated together as one seamless space — can be separated
Unit Unit Size Condo Use Price NOI
Unit 627 1,100 SF Office/Retail $538,730 CAD ($489.75 CAD/SF) -
Unit 637 1,100 SF Office/Retail $538,730 CAD ($489.75 CAD/SF) -

Unit 627

Unit Size
1,100 SF
Condo Use
Office/Retail
Price
$538,730 CAD ($489.75 CAD/SF)
NOI
-

Unit 637

Unit Size
1,100 SF
Condo Use
Office/Retail
Price
$538,730 CAD ($489.75 CAD/SF)
NOI
-

Unit 627

Unit Size 1,100 SF
Condo Use Office/Retail
Price $538,730 CAD ($489.75 CAD/SF)
NOI -
Sale Type Owner User
No. Parking Spaces 400
Sale Conditions Bulk/Portfolio Sale
Description
627 Main Street Laurel, Maryland 20707<br> Prime Retail/Office Condo on Historic Main Street — Owner-User or Investment Opportunity<br> Rarely available retail/office condo situated in one of Laurel&#39;s most sought-after commercial corridors. This 1,100 SF unit at 627 Main Street offers exceptional visibility and accessibility on Historic Main Street in the heart of Laurel, Maryland — a thriving, high-traffic area with strong daytime foot traffic and a loyal local consumer base.<br> The property features immediate access to one of the most coveted amenities in retail real estate: a massive shared parking lot with 400+ spaces, eliminating one of the most common barriers to customer and client access. Whether you&#39;re running a medical office, boutique retail shop, salon, real estate office, insurance agency, or professional services firm, this space delivers the exposure and convenience your business demands.<br> Currently owner-occupied, the seller offers maximum flexibility — vacate upon closing for immediate owner-user occupancy, or negotiate a leaseback arrangement if the buyer prefers an income-producing asset from day one.<br> Property Highlights:<br> 1,100 SF retail/office condo<br> Listed at $385,000<br> 200+ shared parking spaces<br> Low condo fees: $307/month (includes trash removal, landscaping, snow removal &amp; all common area maintenance)<br> Flexible delivery: seller can vacate at closing or remain as a tenant<br> Zoned for retail and office use<br> Located on Historic Main Street, Laurel, MD<br> <br> Opportunity to Expand: The adjacent unit at 637 Main Street (also 1,100 SF) is simultaneously available for $385,000. Both units are currently operated as one combined 2,200 SF space and can be purchased together for a total of $770,000 — ideal for a larger owner-user or an investor seeking two contiguous income-producing units. Units can also be separated for individual use or leasing.</li></ul>
Sale Notes
627 Main Street | $385,000<br> <br> - 1,100 SF retail/office condo on Historic Main Street, Laurel, MD<br> - Owner-occupied — seller will vacate at closing or can remain as tenant (leaseback negotiable)<br> - 400+ space shared parking lot — exceptional for retail/office use<br> - Low HOA/condo fees: $307/month includes trash, landscaping, snow removal &amp; all CAM<br> - Ideal for owner-user, small business, or investor<br> - Adjacent unit (637 Main St) also available — can be purchased separately or together<br> - Combined purchase available: 2,200 SF for $770,000<br> - Both units currently operated as one combined space — easily separable</li></ul>

Unit 637

Unit Size 1,100 SF
Condo Use Office/Retail
Price $538,730 CAD ($489.75 CAD/SF)
NOI -
Sale Type Owner User
No. Parking Spaces 400
Description
637 Main Street Laurel, Maryland 20707<br> <br> Prime Retail/Office Condo — Adjacent Unit Also Available | Historic Main Street, Laurel<br> An outstanding opportunity to acquire a 1,100 SF retail/office condo in one of Prince George&#39;s County&#39;s most active commercial districts. Located at 637 Main Street on Historic Main Street in Laurel, Maryland, this unit offers the ideal combination of Main Street visibility, professional appeal, and effortless parking access with a shared lot boasting 400 spaces.<br> Currently owner-occupied as part of a combined two-unit operation with the neighboring 627 Main Street, both units are now being offered for sale — together or separately. The seller offers a flexible transition: take immediate possession at closing or retain the current occupant as a paying tenant while you settle your plans.<br> With low monthly condo dues of just $307 — covering trash, landscaping, snow removal, and all common area maintenance — carrying costs are minimal, making this an attractive play for both owner-users and investors.<br> Property Highlights:<br> <br> 1,100 SF retail/office condo<br> Listed at $385,000<br> 400+ shared parking spaces<br> Condo fees: $307/month (trash, landscaping, snow removal, CAM)<br> Flexible delivery: seller vacates at closing or can stay as tenant<br> Retail and office use<br> Historic Main Street location, Laurel, MD<br> <br> Buy Both &amp; Maximize Your Investment: The neighboring unit at 627 Main Street is also available at $385,000. Purchase both for $770,000 and acquire a contiguous 2,200 SF space — perfect for a larger business footprint or a two-unit investment property. Units are currently operated together but can easily be separated.</li></ul>
Sale Notes
637 Main Street | $385,000<br> <br> - 1,100 SF retail/office condo on Historic Main Street, Laurel, MD<br> - Owner-occupied — seller will vacate at closing or leaseback available<br> - 400+ space shared parking lot<br> - HOA/condo fees: $307/month — covers trash, landscaping, snow removal &amp; CAM<br> - Contiguous to 627 Main St — buy one or buy both<br> - Combined purchase: 2,200 SF for $770,000<br> - Both units currently operated together as one seamless space — can be separated</li></ul>

Property Facts

The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 2,200 SF
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Office Office Residential
Building Class B
Floors 1
Typical Floor Size 2,200 SF
Year Built 1985
Lot Size 8.03 AC
Parking Ratio 10/1,000 SF
Zoning LAC
Moderately walkable
70/100
Exceptionally drivable
90/100
Some public transit
40/100
Fairly bikeable
50/100
  • Listing ID: 40870172

  • Date on Market: 2026-06-10

  • Last Updated:

  • Address: 637 Main St, Laurel, MD 20707

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