Olde Towne Motor Company 7415 Springfield Ave 2,341 SF 100% Leased Retail Building Sykesville, MD 21784 $1,405,300 CAD ($600.30 CAD/SF)

This commercial property presents a compelling investment opportunity, strategically situated on a prominent corner lot spanning 0.46 acres. The advantageous location enhances visibility and accessibility, making it ideal for various commercial ventures. Constructed in 1961 with durable block materials, the property features a robust concrete flooring system, ensuring low maintenance costs and longevity. The lighted, paved parking lot provides ample space for customers and employees, enhancing operational efficiency and customer experience. Investors will appreciate the potential for significant returns immediately, given the property's established loyal, longtime automotive business of 25 years that generates on average $341,000 annually EBITDA. Business is turnkey and includes all tools, equipment and inventory. This commercially zoned corner lot positioning not only maximizes exposure but also allows for potential signage opportunities, further driving foot traffic and brand recognition. The absence of an association fee and the lack of restrictive amenities provide flexibility in property management and operational decisions, allowing investors to tailor the space to their specific business needs. With the historic Sykesville real estate market continually evolving and growing, the combination of strategic location, solid construction, and flexible usage options positions this property as a sound investment for those looking to capitalize on the growing area. Take a look at our 3D tour.