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11049 Racetrack Road , A & B & C

BERLIN, MD 21811
  • $1,650,000
  • STATUS: Active
  • ON SITE: 124 Days
  • ID#: MDWO2016606
$1,650,000
  • 0
    BEDS
  • 2.79
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1984
County:

School Information

Elementary School:
Middle School:
High School:

Description

Check out this prime commercial real estate opportunity on Racetrack Road in Ocean Pines, MD! This 2.79 acre property with two office buildings offers the perfect combination of location, robust tenant profile, and expansion potential - making it ideal for seasoned investors or budding entrepreneurs alike. Strategically located in the heart of Ocean Pines, these high-profile buildings ensure maximum visibility and traffic. Both buildings are currently occupied and fully leased: one by a reputable real estate company and the other, by the local chamber of commerce. Further details are available upon request. Detailed Property Breakdown: - Parcel A & B: Covering 1.2 acres and hosting two buildings. Building A is approximately 3000 .25 sqft, while Building B extends to about 1,724 sqft. Both parcels benefit from a generous 131.48 feet of direct access to Rt 589. - Parcel C: Is 1.36 acres of unimproved commercial land situated directly behind Parcels A and B. An already approved interconnector provides direct access to Parcel C from the neighboring shopping center. Refer to the provided survey for visual details.Equipped with water and sewer with additional EDUs available for purchase from the county as required.While Parcels A and B will be sold together, Parcel C can be acquired separately. Nevertheless, the true value shines in owning all three parcels, creating a comprehensive commercial property powerhouse. The sale includes Tax ID numbers 03-165361, 03-165388, and 03-012573.The possibilities are endless. Act now to capitalize on this unique opportunity to own prime real estate in a rapidly growing area. Contact the listing agent directly for detailed information and to schedule a viewing. Sqft and acres are estimates.

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or McClain-Williamson Realty, LLC.. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-03-04T23:51:05.58.
www.mcclainwilliamson.com/homes/144891384
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11049 Racetrack Road , A & B & C BERLIN, MD 21811

  • Price: $1,650,000
  • Status: Active
  • On Site: 124 Days
  • ID#: MDWO2016606
0
Beds
0
Baths
0
½ Baths
2.79
Acres
1984
Built
Neighborhood:
Worcester East Of Rt-113
County:
Worcester
Area:
Worcester East Of Rt-113
Elementary School:
Showell
Middle School:
Stephen Decatur
High School:
Stephen Decatur
School District:
Worcester County Public Schools
Property Description
Check out this prime commercial real estate opportunity on Racetrack Road in Ocean Pines, MD! This 2.79 acre property with two office buildings offers the perfect combination of location, robust tenant profile, and expansion potential - making it ideal for seasoned investors or budding entrepreneurs alike. Strategically located in the heart of Ocean Pines, these high-profile buildings ensure maximum visibility and traffic. Both buildings are currently occupied and fully leased: one by a reputable real estate company and the other, by the local chamber of commerce. Further details are available upon request. Detailed Property Breakdown: - Parcel A & B: Covering 1.2 acres and hosting two buildings. Building A is approximately 3000 .25 sqft, while Building B extends to about 1,724 sqft. Both parcels benefit from a generous 131.48 feet of direct access to Rt 589. - Parcel C: Is 1.36 acres of unimproved commercial land situated directly behind Parcels A and B. An already approved interconnector provides direct access to Parcel C from the neighboring shopping center. Refer to the provided survey for visual details.Equipped with water and sewer with additional EDUs available for purchase from the county as required.While Parcels A and B will be sold together, Parcel C can be acquired separately. Nevertheless, the true value shines in owning all three parcels, creating a comprehensive commercial property powerhouse. The sale includes Tax ID numbers 03-165361, 03-165388, and 03-012573.The possibilities are endless. Act now to capitalize on this unique opportunity to own prime real estate in a rapidly growing area. Contact the listing agent directly for detailed information and to schedule a viewing. Sqft and acres are estimates.
Exterior Features

Construction Materials Concrete Garage YN No Lot Features Additional Lot(s) Parking Types Parking Lot Riparian Rights YN No Road Responsibility Public Road Surface Type US Highway/Interstate Roof Asphalt Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 6000.00 Cooling Central A/C Heating Heat Pump(s) Heating YN Yes Net Square Feet 6000.00

Property Features

Acceptable Financing ConventionalCash Accessibility Features Ramp - Main Level Business Type Professional Central Air YN Yes Cooling Fuel Electric Cross Street 0.00 Electric 220 Volts Heating Fuel Electric Hot Water Electric Internet Services Cable Municipality BERLIN Navigable Water YN N New Construction YN No Original MLSNumber 802626795390 Ownership Interest Fee Simple Possession Subject to Existing Lease Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 10338.18 Tax Assessment Amount 1074000.00 Trash Expense 0.00 Utilities Cable TV AvailableElectric AvailableNatural Gas AvailablePhone Available Vacation Rental YN No Water Source Public Year Built Effective 2018 Zoning COMMERCIAL

Listing courtesy of Berkshire Hathaway HomeServices PenFed Realty - OP: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or McClain-Williamson Realty, LLC.. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-03-04T23:51:05.58.
 
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McClain-Williamson Realty, LLC.
47 Main St.
East New Market MD, 21631