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Key Details
Sold Price $2,750,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 35,456 sqft
Price per Sqft $77
MLS Listing ID MDWC100180
Sold Date 10/11/19
HOA Y/N N
Originating Board BRIGHT
Year Built 1975
Annual Tax Amount $14,686
Tax Year 2019
Lot Size 13.490 Acres
Acres 13.49
Property Description
OPPORTUNITY ZONE! Commercial redevelopment site. 13.49 acres located in the heart of the retail district. Zoned General Commercial with highest and best use being retail development. Property has direct access from Rt. 13 with 200' of road frontage. Traffic count of over 38,000 cars per day.Developed for and currently use as a truck service facility consisting of 35,456 sq.ft. of which approximately 15,800 sq.ft. is office space. Facility has been well taken care of and is in good condition. Currently leased through June 2020 with a NOI of $318,000/year.
Location
State MD
County Wicomico
Area Wicomico Northeast (23-02)
Zoning C2
Interior
Hot Water Electric
Heating Other
Cooling Other
Flooring Concrete
Heat Source Oil
Exterior
Water Access N
Roof Type Metal
Accessibility None
Road Frontage State
Garage N
Building
Foundation Slab
Sewer Community Septic Tank, Private Septic Tank
Water Private/Community Water
New Construction N
Schools
School District Wicomico County Public Schools
Others
Tax ID 05-049687
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition REO (Real Estate Owned)
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Bought with Brent Miller • SVN |Miller Commercial Real Estate
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