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$500,000

  • Sold
  • Closed
  • Commercial Service
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This is a beautifully built-out office/retail condominium on Cherry Lane near Route 1 in Laurel, Maryland. The first floor is nicely built out as a hair salon, and the upper level is just as nicely built out as office space. The two floors do lock off from each other if needed. The existing salon is affiliated with ownership. They may be willing to lease the space back, or the space could potentially be delivered vacant. Salon equipment and fixtures not included in sale.

Full Property Details for 8643 Cherry Ln

General

  • Sold For: $500,000
  • Taxes: $4,786 (2023)
  • Status: Closed
  • Type: Commercial Service
  • Source: BrightMLSMidAtlantic
  • MLS ID: MDPG2151048
  • Added to Site: 303 day(s) ago

Business

  • Business Type: Hair Salon and Spa

Interior

  • Flooring: Fully Carpeted, Hardwood

Parking

  • Total Spaces: 5
  • Parking Type: Parking Lot

Location

  • County: PRINCE GEORGES
  • Subdivision: WASHINGTON PARK INDUSTRI
  • Cross Streets: Route 1
  • Driving Directions: From Route 1 northbound in Laurel, make a right on Cherry Lane. Project is on the right directly after the shopping center on the corner of Route 1 and Cherry Lane.

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Natural Gas
  • Heating Type: Central
  • Heating Fuel: Natural Gas
  • Water Heater: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Brick
  • Building Size: 2376
  • Year Built: 1986
  • Year Built Source: Assessor
  • Property Condition: Very Good

Unit Information

  • # Tenants: Multiple

Lot Features

  • Zoning: I1

Financial Considerations

  • Price Per Sq. Ft.: $225
  • City/TownTax Freq: Annually
  • Tax w/Assessment: $308,800
  • Tax Amount: $4,786
  • Tax Year: 2023

Disclosures and Reports

  • Ownership: Condominium
  • Exclusions: Salon furniture, fixtures, and equipment from first floor

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NMLS#: 1598647

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Schools serving 8643 Cherry Ln

School District:Prince George's County Public Schools
NameGradesDistance
James H. Harrison Elementary School
13200 Larchdale Road, Laurel, MD 20708
K-61.3 mi
Dwight D. Eisenhower Middle School
13725 Briarwood Drive, Laurel, MD 20708
6-80.7 mi
Laurel High School
8000 Cherry Lane, Laurel, MD 20707
9-120.7 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 8643 Cherry Ln

Date
Details
Price
Change
Source
12/31/2025
Sold
$500,000
-6.47%
MLS
5/03/2025
Listed
$534,600
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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780 Stinchcomb Rd, Severna Park, MD 21146 - Photo 1 Just Listed
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780 Stinchcomb Rd  Severna Park, MD 21146

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Price Reduced near 8643 Cherry Ln

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394 North Dr, Severna Park, MD 21146 - Photo 1 Price Reduced
-$25,000 (-1.49%)
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394 North Dr  Severna Park, MD 21146

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Listed by Long & Foster Real Estate, Inc., Laura A Decato
67 Simmons Ln, Severna Park, MD 21146 - Photo 1 Price Reduced
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Recent Sales near 8643 Cherry Ln

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8633 Cherry Ln, Laurel, MD 20707 - Photo 1 Sold
$490,000

8633 Cherry Ln  #8633  Laurel, MD 20707

  • Commercial
  • Closed
Listed by ABR Real Estate, LLC., Laverne Robinson
Sold by Non Subscribing Office, NON MEMBER
8617 Chestnut Ridge Dr, Laurel, MD 20707 - Photo 1 Sold
$465,000

8617 Chestnut Ridge Dr  Laurel, MD 20707

  • Single Family
  • Closed
  • 4
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  • 834
    Sq. Ft.
Listed by Homeview Real Estate, Eduardo A Martinez Daboud
Sold by Fairfax Realty Select, Marcela Osorio
14604 Bowie Rd, Laurel, MD 20708 - Photo 1 Sold
$563,000

14604 Bowie Rd  Laurel, MD 20708

  • Single Family
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    Sq. Ft.
Listed by Vylla Home, Taiwo R Shodiya
Sold by Primetime Realty, LLC, Gasby U Ayoh
14902 Ashford Pl, Laurel, MD 20707 - Photo 1 Sold
$429,000

14902 Ashford Pl  Laurel, MD 20707

  • Townhouse
  • Closed
  • Updated 12 days ago
  • 3
    Beds
  • 4
    Total Baths
  • 1,752
    Sq. Ft.
Listed by Summer Realtors Inc, Semere Ambaye
Sold by Smart Realty, LLC, Blanca L. Alvarez

8643 Cherry Lane, Laurel, MD 20707 (MLS# MDPG2151048) is a Commercial Service property that was sold at $500,000 on December 31, 2025. Want to learn more about 8643 Cherry Lane? Do you have questions about finding other Commercial Service real estate for sale in Laurel? You can browse all Laurel real estate or contact a Coldwell Banker agent to request more information.