Apx Retail SqFt:
0
Construction:
Brick
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Utilities:
Electricity Connected, Natural Gas Connected, Water Connected, Sewer Connected, Cable Available
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Other-See Remarks
Public Remarks:
Positioned in one of downtown Laurel’s most desirable commercial corridors, this income-producing property offers an exceptional opportunity for investors seeking stable cash flow and long-term value. Located at 542 Central Ave and 541 Commerce Street, this well-maintained commercial building features multiple established tenants with leases secured through 2027. The property is divided into two successful sections: one side currently operates as a salon studio, while the other features seven office spaces, all fully leased. With a current gross monthly income of approximately $4, 000, this turnkey investment provides immediate revenue from day one. The building has been well cared for and remains in good condition, including a new roof installed in 2019, helping minimize future maintenance concerns. Its prime downtown location offers excellent visibility, accessibility, and proximity to local businesses, restaurants, and retail activity. Whether you are expanding your investment portfolio or searching for a reliable commercial asset in the growing Laurel market, this fully occupied property is a strong opportunity with established income and long-term tenant stability.