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Key Details
Sold Price $1,500,907
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 68,115 sqft
Price per Sqft $22
Subdivision None Available
MLS Listing ID 1000794180
Sold Date 06/03/16
HOA Y/N N
Originating Board CAR
Year Built 1960
Lot Size 22.180 Acres
Acres 22.18
Lot Dimensions NA
Property Description
Pharmaceutical grade facility. Current location of Merial Select used as an R&D and Manufacturing. There is 26,000 sq.ft. finished office and R&D space, 30,000 SF of warehouse, production, and manufacturing area with the remaining areas being shop and maintenance space. The site contains a total of 22 acres with 9 buildings on-site.With city water/sewer now at the site and adjacent natural gas line the location lends itself to potential redevelopment such as an office or medical park, retail redevelopment, or a mixed use development. There is 765'+/- of highway frontage on US Rt 50 and 1,350' on Main St. State and local incentives for this property are a HUB Zone, One Maryland County, and an Enterprise Zone, along with Job Creation Tax Credit (JCTC) and R&D Tax Credits.
Location
State MD
County Worcester
Area Worcester West Of Rt-113
Zoning INDUSTRIAL
Interior
Interior Features Sprinkler System
Heating Forced Air, Zoned
Cooling Central A/C, Zoned
Flooring Carpet, Concrete, Vinyl
Heat Source Oil
Exterior
Utilities Available Other, Natural Gas Available
Water Access N
Roof Type Built-Up,Metal
Street Surface US Highway/Interstate
Garage N
Building
Lot Description Cleared
Foundation Slab
Sewer Public Sewer, Septic Exists
Water Public, Well
New Construction N
Schools
School District Worcester County Public Schools
Others
Tax ID 014754
Ownership Fee Simple
SqFt Source Estimated
Security Features Security System,Sprinkler System - Indoor
Acceptable Financing Other
Listing Terms Other
Financing Other
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Bought with David Dypsky • Newport Bay Realty
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