Bought with Bret Davis • Keller Williams Realty of Delmarva-Salis
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Key Details
Sold Price $970,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID MDWC106226
Sold Date 08/17/20
HOA Y/N N
Year Built 1977
Annual Tax Amount $16,156
Tax Year 2020
Lot Size 1.765 Acres
Acres 1.76
Lot Dimensions 0.00 x 0.00
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Location, Location, Location!!! If you've been looking for income properties in this market, you know by now that very few are currently available.... Especially if you are looking for a well located property like this one which is conveniently located near PRMC, SU, the Downtown and a dense population of housing! The in-line spaces to the rear are fully leased. The free-standing building is currently available and could be occupied by an Owner / Investor or offers the potential for additional lease income. There is also additional income for a portion of the parking lot ad drive through that is leased to Hebron Savings bank who is situated next door to the center. This is a nicely maintained center that is very well located, has a good tenant mix, a large parking lot and has been home to many successful businesses through the years! Great opportunity to buy an investment with upside potential! Call or email the listing agent for Income and Expense information, etc!
Location
State MD
County Wicomico
Area Wicomico Southwest (23-03)
Zoning COMMERCIAL
Interior
Hot Water Electric
Heating Other
Cooling Heat Pump(s)
Heat Source Electric
Exterior
Garage Spaces 70.0
Water Access N
Street Surface Black Top
Accessibility Level Entry - Main
Road Frontage Public
Total Parking Spaces 70
Garage N
Building
Lot Description Cleared, Road Frontage
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Wicomico County Public Schools
Others
Tax ID 13-039968
Ownership Fee Simple
Acceptable Financing Conventional, Cash, Exchange
Listing Terms Conventional, Cash, Exchange
Financing Conventional,Cash,Exchange
Special Listing Condition Standard
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