Laurel, MD Prime Redevelopment Opportunity 118 Washington Blvd S Lot | Terrain commercial | 0,38 ha | À vendre | 2 152 650 € | Laurel, MD 20707

A rare property offering in the heart of Laurel, MD, located at 118
Washington Blvd. This site spans three parcels totaling ±41,208 SF (.94 acres) and includes
the long-standing Tastee Diner, a local landmark, as well as two separate residential buildings.
With prominent frontage on Washington Blvd (US-1) and strong daily traffic counts, the property
offers exceptional potential for continued restaurant use, a drive-thru concept, or broader redevelopment.
Property Highlights:
• Address: 118 Washington Blvd, Laurel, MD 20707
• Total Land Area: ±41,208 SF (.94 acres) across 3 parcels
• Improvements: Existing Tastee Diner structure plus two residential buildings
• Parcel Breakdown:
- Parcel 1: 21,078 SF land area | 8,234 SF building
- Parcel 2: 7,250 SF land area
- Parcel 3: 12,880 SF land area | 4,106 SF building
• Traffic Counts (2024):
- Washington Blvd Southbound AADT: 15,841 (AAWDT: 17,111)
- Washington Blvd Northbound AADT: 15,551 (AAWDT: 16,801)
• Combined Exposure: Over 31,000 vehicles daily, rising to 33,900+ on weekdays
• Location Advantage: Positioned on an island between northbound and southbound Washington Blvd lanes, maximizing
visibility in both directions
The Restaurant Broker | www.therestaurantbroker.comKey Advantages:
• Rare assemblage of three contiguous parcels in a prime Laurel location
• High-profile visibility along US-1 with combined daily traffic exceeding 30,000 vehicles
• Strong redevelopment potential for a drive-thru, QSR, or mixed-use project
• Existing operating diner provides immediate income opportunity
• ±41,208 SF (.94 acres) with excellent frontage and access
This is a standout opportunity for investors, developers, and restaurant operators looking to establish a presence in one of
Prince George’s County’s most dynamic corridors.