This unique property is currently used as both a medical office and a residence. Located off the main road in Olney, MD, it offers excellent business exposure. Additionally, the property is situated between two other Special Exception properties: a veterinary office and an assisted living facility. It is also located just a quarter mile from MedStar Hospital, making it especially attractive as a healthcare office. The property offers a truly special and serene atmosphere, serving as both a primary residence and a healthcare office—currently home to a chiropractor. Situated on one acre of land in central Olney, it is nestled in a thriving community along the well-traveled Route 108. The primary residence spans approximately 3,526 square feet and includes four bedrooms and four bathrooms. The office portion of the property offers an additional 1,710 square feet. The home features a 2-car garage, a family room, a living room, a formal dining room, and ample outdoor space for entertainment. There is also plenty of parking available for visitors. The property consists of two wings built in 1945 and 1993, respectively. While zoned as residential, it offers great potential for conversion into various property types by right, including a Bed & Breakfast, embassy, residential care facility, house of worship, and several other options. Permitted uses by right include: Bed & Breakfast One-family detached dwelling unit Embassy Farm tenant dwelling/mobile home Small group home Mobile home (permanently attached) Public utility buildings or other public uses Adult foster care home Residential care facilities (up to 8 persons) Ambulance/rescue squad/fire station Childcare facility Houses of worship Opportunity housing projects Libraries/museums Parks/playgrounds Agricultural uses/farm market
Prime Investment Opportunity: Established Kumon Learning Center Are you passionate about education and seeking a fulfilling business venture? This well-established Kumon Learning Center presents an exceptional opportunity to own a respected education franchise with proven success and immediate cash flow potential. Business Highlights: -Established client base with consistent enrollment -Strong reputation in the community -Proven operational systems and marketing support -Flexible schedule without traditional retail constraints -Immediate positive cash flow and revenue potential -Strategic location with growth opportunities Why This Kumon Franchise Stands Out: Unlike traditional retail businesses, this Kumon center offers remarkable flexibility in operations. The structured learning system allows you to maintain an optimal work-life balance while building a meaningful enterprise. Evening and weekend hours align perfectly with students' schedules, eliminating the need for extended retail hours or constant on-site presence. Operational Advantages: The Kumon method's systematic approach creates a self-sustaining business model. Former students often transition into becoming assistants, providing a reliable pipeline of qualified staff who understand the methodology firsthand. This unique aspect significantly reduces hiring and training challenges while maintaining high-quality learning. Financial Opportunity: This turnkey operation offers immediate income potential with established revenue streams. The business model features: Predictable monthly recurring revenue -Low overhead costs -Minimal inventory requirements -Strong profit margins -Multiple revenue streams through enrollment and materials Growth Potential: The education sector's stability, combined with increasing parental focus on academic excellence, positions this business for continued growth. The current market environment presents numerous opportunities for expansion and program enhancement. Support Structure: As a Kumon franchisee, you'll benefit from: -Comprehensive corporate training -Proven marketing systems -Established operational procedures -Ongoing franchise support -National brand recognition Ideal Owner Profile: This business is perfect for: -Education professionals seeking ownership -Entrepreneurs passionate about child development -Investors looking for a stable, meaningful business -Professionals seeking work-life balance -Those interested in community impact Transaction Details: The sellers are committed to ensuring a smooth transition and are willing to consider owner financing for qualified buyers who provide a substantial down payment. This flexibility in financing, combined with the business's immediate income potential, creates an attractive investment opportunity. Next Steps: -Qualified buyers are invited to submit their credentials for review. Upon signing an NDA, detailed financial information and operational metrics will be provided.
Olney is located in Maryland. Olney, Maryland has a population of 35,815. Olney is more family-centric than the surrounding county with 38.51% of the households containing married families with children. The county average for households married with children is 37.16%.
The median household income in Olney, Maryland is $161,065. The median household income for the surrounding county is $117,345 compared to the national median of $69,021. The median age of people living in Olney is 42.4 years.
The average high temperature in July is 87 degrees, with an average low temperature in January of 25 degrees. The average rainfall is approximately 43.3 inches per year, with 15.8 inches of snow per year.
