Homes for sale - 121 RENTAL LN, Grasonville, MD 21638

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Steven Pagan

steven.pagan@foxroach.com +1(609) 631-5668

$3,495,000

Est. payment - /mo

15,600 SqFt

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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 15,600 sqft

Price per Sqft $224

MLS Listing ID MDQA2012514

Originating Board BRIGHT

Year Built 1997

Annual Tax Amount $14,169

Tax Year 2024

Lot Size 5.410 Acres

Acres 5.41

Property Sub-Type Mixed Use

Property Description

Prime commercial opportunity available just off Route 50 with easy access. This high-visibility location offers exceptional exposure to heavy traffic, making it perfect for businesses looking to attract attention. Close proximity to the Chesapeake Bay Bridge, with prominent digital signage visible to approximately 74,000+ cars per day. Zoning: The property 5.41 acres is zoned Urban Commercial (UC). Zoning offers broad uses for the property, including most retail and light industrial. Tenancy: The site is leased to 2 tenants that utilize the buildings and open-air storage. There is additional rental income for parking utilized by the neighbor (Rental Works). There is a vacant portion of the site that has rental income potential (Discussed in previous years as a cell tower base). Improvements: The larger building is 130' x 60' which includes a 30' x 60' office area, a 30' x 60' storage area and a 70' x 60' shop area which totals 7,800+/- SF. The smaller building is 80' x 50' on the first floor and 50' x 20' 5" on the second floor for offices which totals 5,025+/-SF. Therefore, the total is 15,600 sq ft. Both buildings are steel and have mezzanine levels which makes the usable square footage more than the footprint. Utilities: The property is served by public sewer, and the water is provided by a well. Heat is a mixture of oil furnaces running both industrial heaters and heated flooring in the warehouse areas. The office and retail areas are served by HVAC systems. Check with Queen Anne s County planning and zoning for permitted uses. Great opportunity. Call today for showing!

Location

State MD

County Queen Annes

Zoning UC

Interior

Hot Water Other

Heating Hot Water

Cooling Other

Heat Source Oil, Other

Exterior

Garage Spaces 30.0

Water Access N

Accessibility None

Total Parking Spaces 30

Garage N

Building

Sewer Public Sewer

Water Well

New Construction N

Schools

School District Queen Anne'S County Public Schools

Others

Tax ID 1805016827

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Listed by Lona Sue Todd • Taylor Properties

Our passion for real estate and love for New Jersey are a perfect match. We have made it our mission to help local residents sell their homes quickly and at the best possible prices, and homebuyers in finding their perfect piece of paradise in New Jersey.

+1(609) 631-5668

steven.pagan@foxroach.com

352 Stokes Rd, Medford, NJ, 08055, USA

121 RENTAL LN Grasonville, MD 21638