374-376 Main Street
Mixed-Use Property Centrally Located Along Laurel’s Historic Main Street
Marketing description
Feldman Ruel is pleased to offer for sale 374-376 Main Street, a two-level, 3,076-square-foot mixed use property with a retail space on the first level and two one-bedroom/one-bathroom multifamily units with private entrances on the second level. The retail space, historically utilized by a medical equipment retailer, will be delivered vacant at closing. The multifamily units are 100% occupied, with one unit's lease ending in January 2027, and the second unit month-to-month, both providing in-place cash-flow immediately upon purchase. The subject property is located along and near the center of Laurel's Historic Main Street, allowing a small business the advantage of vehicle and foot traffic while benefiting from the area’s historic charm.
Download the Offering Memorandum: https://listings.feldmanruel.com/properties/374-376-main-street/
Investment highlights
• Partial-User or Investor Opportunity | Retail Unit Delivered Vacant
• Building Configuration Allows for the Retail Space to be Divided into 2 Units
• Multifamily Units are Fully Leased & 1 is Month-To-Month
• All Units Separately Metered for Electric, Gas, & Water
• Situated Along a Main Thoroughfare | 19 On-Site Parking Spaces
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