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Key Details
Sold Price $580,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 8,765 sqft
Price per Sqft $66
MLS Listing ID MDWO2013758
Sold Date 04/24/24
Originating Board BRIGHT
Year Built 1990
Annual Tax Amount $11,872
Tax Year 2023
Lot Size 1.950 Acres
Acres 1.95
Lot Dimensions 0.00 x 0.00
Property Description
This commercial property is Zoned C-2 located on the highly trafficked east bound side of Route 50 with signage in 2 places along the highway. This 1.95 acres lot consists of 2 buildings surrounded by 6 ft. fencing with 4 gated entry/exit gates which are locked after business hours for added security. The first building (10714 Ocean Gateway) totals 4600 sq, ft. +/- that features glass front windows and entryway leading into the finished retail space and a warehouse/shop in the rear of the building. The warehouse/shop has a private entrance, office space and 4 roll up doors. The second building (10720 Ocean Gateway) is a masonry building totaling 4125 sg. ft. +/- divided into 2 separate spaces each with roll up doors. This property has been annexed into the town of Berlin allowing for connection to municipal water and sewer. 1 EDU is allotted for purchase however, more are available. Currently, each unit is leased.
Location
State MD
County Worcester
Area Worcester East Of Rt-113
Zoning C2
Interior
Hot Water Electric
Heating Other, Forced Air
Cooling Central A/C
Flooring Concrete
Heat Source Propane - Leased
Exterior
Garage Spaces 60.0
Utilities Available Electric Available, Propane, Sewer Available, Water Available
Waterfront N
Water Access N
Roof Type Architectural Shingle
Accessibility Other
Parking Type Parking Lot
Total Parking Spaces 60
Garage N
Building
Lot Description Backs - Open Common Area, Cleared
Foundation Slab
Sewer On Site Septic, Public Hook/Up Avail
Water Well, Public Hook-up Available
New Construction N
Schools
Elementary Schools Buckingham
Middle Schools Stephen Decatur
High Schools Stephen Decatur
School District Worcester County Public Schools
Others
Tax ID 2403016560
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Bank Portfolio, Private
Listing Terms Cash, Bank Portfolio, Private
Financing Cash,Bank Portfolio,Private
Special Listing Condition Standard
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Bought with Jana Meredith • Meredith Fine Properties
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