Retail Space
3510 Rhode Island Avenue Mount Rainier, MD 20712
Details & Description
Price: $1,350,000
    Commercial Building in Gateway Arts DistrictHighlights5,930± SF commercial building with multifamily potentialRecently renovated with new exterior and paved lotThree stories with studio spaceCurrent tenants with flexible lease termsAbundant parking on newly-paved lot in rear and street parkingSeparately metered electricExcellent investor opportunityZoned R-18Gross operating income estimated at $96,720 annually (below market rents & room for growth)Located along busy Route 1 corridor in the Gateway Arts District, near many amenities and new developments
    Listing Agents
    James Miers

    O: 301-918-2927
    jmiers@naimichael.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    3510 Rhode Island Avenue

    Mount Rainier, MD 20712

    No Longer Listed
    • 3510 Rhode Island Avenue Mount Rainier, MD 20712 | for Sale | Photo 1
    • 3510 Rhode Island Avenue Mount Rainier, MD 20712 | for Sale | Photo 2
    • 3510 Rhode Island Avenue Mount Rainier, MD 20712 | for Sale | Photo 3
    3510 Rhode Island Avenue | for Sale | Thumbnail 1
    3510 Rhode Island Avenue | for Sale | Thumbnail 2
    3510 Rhode Island Avenue | for Sale | Thumbnail 3
    Price
    $ /mo
    Description

    Commercial Building in Gateway Arts District

    Highlights

    5,930± SF commercial building with multifamily potential

    Recently renovated with new exterior and paved lot

    Three stories with studio space

    Current tenants with flexible lease terms

    Abundant parking on newly-paved lot in rear and street parking

    Separately metered electric

    Excellent investor opportunity

    Zoned R-18

    Gross operating income estimated at $96,720 annually (below market rents & room for growth)

    Located along busy Route 1 corridor in the Gateway Arts District, near many amenities and new developments

    Attachments & Files

    Mount Rainier Area Market Trends

    Listing Demographics for 3510 Rhode Island Avenue Mount Rainier, MD 20712

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population22,582208,634757,326
    Population Median Age393736
    Population by Age0-9 Yrs2973 (13%)27710 (13%)94419 (12%)
    10-19 Yrs2323 (10%)23990 (11%)76934 (10%)
    20-29 Yrs2841 (12%)32820 (15%)140447 (18%)
    30-39 Yrs3314 (14%)35943 (17%)150631 (19%)
    40-49 Yrs3412 (15%)26129 (12%)93838 (12%)
    50-59 Yrs2817 (12%)24599 (11%)83406 (11%)
    60-69 Yrs2859 (12%)20135 (9%)64979 (8%)
    70+ Yrs2043 (9%)17308 (8%)52672 (6%)
    Median HH Income$66,072$64,155$78,947
    Total Household Income< 24K1592 (18%)14746 (19%)48783 (17%)
    25-49K1624 (18%)14934 (19%)45635 (16%)
    50-74K1743 (19%)12767 (17%)42270 (14%)
    75-99K1004 (11%)9417 (12%)33669 (11%)
    100-199K2192 (24%)17331 (23%)75263 (26%)
    200K+636 (7%)5624 (7%)38391 (13%)
    Highest Education LevelNo Diploma29922615181241
    Diploma or GED366935963107318
    Some College28572534574119
    Assoc. Degree809677519823
    Bachelors Degree311725772116357
    Higher Degree271522790131957
    Total Housing Units9,32981,185310,335
    --Owner-Occupied4,48033,343122,722
    --Renter-Occupied4,31041,474161,290
    Owner-Occupied Values< 100K6510103751
    100-199K29422819515
    200-299K1042696721036
    300-399K1054792221601
    400-499K914585015790
    500K+1111931551028
    Total Working Age Population18,194167,057622,826
    In Work Force12,898114,993448,653
    Not In Work Force5,29752,065174,173
    Workforce Employed12,075106,641418,900
    Workforce Unemployed7858,20328,130
    Civlian Workforce12,860114,844447,030
    Military Workforce381491,623
    Total Households8,79074,817284,012
    Family Households4,48240,513138,467
    Non-Family Households4,30834,305145,545
    Married Couple2,95022,10480,543
    Other Family1,53218,40957,924
    Married w/Child1,2259,81633,089
    Single Male w/Child1102,0866,624
    Single Female w/Child5496,07618,992

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    District of Columbia572,059+5601,723+21729,501+15842,154
    District of Columbia572,059+5601,723+21729,501+15842,154
    Maryland5,296,486+95,773,552+66,141,900+66,518,750
    Montgomery County873,341+11971,777+81,052,050+71,128,800
    Prince Georges County801,515+8863,420+6916,150+4952,950
    Virginia7,078,515+138,001,024+88,655,021+89,331,666
    Arlington County189,453+10207,627+20249,298+10274,339
    Fairfax County969,749+121,081,726+71,162,504+71,244,025

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 3510 Rhode Island Avenue in Mount Rainier?
    The asking price for 3510 Rhode Island Avenue is $1,350,000
    What is the building size of this Retail property in Mount Rainier, MD?
    The size of the building/unit at 3510 Rhode Island Avenue in Mount Rainier is 5,930 square feet
    How much land does the Mount Rainier, MD property at 3510 Rhode Island Avenue include?
    3510 Rhode Island Avenue in Mount Rainier includes 0.160 acres of land
    What kind of Retail is the propery at 3510 Rhode Island Avenue?
    The property at 3510 Rhode Island Avenue Mount Rainier, MD 20712 is listed as a Other Retail Retail property
    What is the population within 1 mile of 3510 Rhode Island Avenue in Mount Rainier?
    The population within 1 mile of 3510 Rhode Island Avenue Mount Rainier, MD 20712 is 22,582 people.
    Who do I contact for questions about 3510 Rhode Island Avenue?
    You should contact the listing agent, James Miers, for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    Ronald Reagan Washington National Airport (DCA) 7
    Baltimore Washington International (Thurgood Marshall Airport) (BWI) 23
    Washington Dulles International Airport (IAD) 27