9713 INAUGURAL WAY, Montgomery Village, MD 20886

$1,499,999 Asking Price

10 beds
4 baths
4,290  sqft
Built in 1971

We are pleased to present the opportunity to acquire Established Assisted Living in MD, a 3,629 square foot retail center located in the affluent and rapidly growing community of Montgomery Village , MD. The Property is built out to accommodate and service 8 tenants with a huge value add component for raising revenue. Close access to quick service restaurants, personal care, and shopping. This 30 yr+ established Assisted Living is a great acquisition for an established operation or new to the business operator. 65+ age group was the fastest growing between 2010 and 2021 with its population increasing 45.9% Montgomery Village Median household income 2021 $84,362

Features & Amenities

Interior

Basement:
Full,Fully Finished
A/C:
Central A/C
Heating:
Y, 90% Forced Air, Natural Gas
Fireplace:
Fireplace, Fireplaces: 2
Disability Feature:
32"+ wide Doors,36"+ wide Halls,2+ Access Exits,Accessible Switches/Outlets,Chairlift,Level Entry - Main

Exterior

General:
Above Grade,Below Grade
Style:
Other

Construction

General:
Brick, 2, Permanent

Location

Originating MLS:
BRIGHT_MAIN
School District:
MONTGOMERY COUNTY PUBLIC SCHOOLS
County:
MONTGOMERY

Lot

Zoning:
R90, 160900802318
Current Use:
R

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
BRIGHT_MAIN

This listing courtesy of:
RE/MAX Excellence Realty, David Adebayo

About Montgomery Village, MD

Housing

Number of Units
11,490
Median Home Value
$312,117
Median Rent
$1,492

35.32% of housing units are renter occupied.

3.76% are vacant.

Commute

Car
62.32%
Public Transportation
9.29%
Walk to Work
1.73%
Work from Home
26.04%
Other
0.42%

The median travel time to work is 27 minutes.

People

Population
31,843
Median Age
36.10
Median Household Size
2.98

Education

High School
19.93%
Associate’s Degree
6.99%
Bachelor’s Degree
22.28%
Graduate Degree
20.09%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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