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11021 Nicholas Lane , 2,3 ,4,5,8, 9 &

BERLIN, MD 21811
  • $2,000,000
  • STATUS: Active
  • ON SITE: 244 Days
  • ID#: MDWO2016502
Price Reduced
UPDATED: 182 min ago
$2,000,000
  • 0
    BEDS
  • 3.56
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
2004
County:

School Information

Elementary School:
Middle School:
High School:

Description

Aggressive Owner Financing Available !!!!!!!! Call Listing Agent for details 500,000.00 Price DropInvest in the Heart of Ocean Pines, MD! Village Square Shopping Center, located at the entrance of the South Gate, is the epitome of prime commercial real estate. It features a sprawling 6,834 SF building on 3.56 acres, housing 7 fully-leased office/retail condo units. The entire building has been meticulously maintained and updated, representing a prime investment. Drenched in opportunities, its lucrative positioning in a high-demand zone ensures a steady flow of income, making this more than just an investment"it's a golden ticket to unparalleled financial growth.Recent upgrades like a brand-new roof in 2022 and a complete HVAC overhaul three years prior make this property a low-maintenance dream, giving potential investors peace of mind and the promise of minimal upkeep costs. Ocean Pines is no ordinary community. It's a hotbed of growth and opportunities, teeming with young professionals, vibrant families, and retirees seeking the good life. As businesses flourish along 589 and the population grows, the Village Square Shopping Center stands tall as a beacon of prosperity. Its strategic positioning ensures a constant influx of foot traffic, making every square foot of this property a potential goldmine.Village Square Shopping Center isn't just a commercial property; it's a future-forward investment in a market that's poised for exponential growth. With Ocean Pines' increasing prominence on Maryland's commercial real estate map, now is the perfect time to stake your claim and ride this wave of opportunity. Dive into a venture that promises not just returns but a legacy in the making. Listing includes the following Tax ID #'s: Unit 2: 03-143538; Unit 3: 03-143546; Unit 4: 03-143554; Unit 5: 03-143562; Unit 8: 03-143597; Unit 9: 03-143600 and Unit 10: 03-164020.

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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 Keller Williams Capital Properties. 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: 2024-05-22T12:54:42.07.
www.mbekrealtor.com/homes/143565083
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11021 Nicholas Lane , 2,3 ,4,5,8, 9 & BERLIN, MD 21811

  • Price: $2,000,000
  • Status: Active
  • On Site: 244 Days
  • Updated: 182 min ago
  • ID#: MDWO2016502
0
Beds
0
Baths
0
½ Baths
3.56
Acres
2004
Built
Neighborhood:
Ocean Pines
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
Aggressive Owner Financing Available !!!!!!!! Call Listing Agent for details 500,000.00 Price DropInvest in the Heart of Ocean Pines, MD! Village Square Shopping Center, located at the entrance of the South Gate, is the epitome of prime commercial real estate. It features a sprawling 6,834 SF building on 3.56 acres, housing 7 fully-leased office/retail condo units. The entire building has been meticulously maintained and updated, representing a prime investment. Drenched in opportunities, its lucrative positioning in a high-demand zone ensures a steady flow of income, making this more than just an investment"it's a golden ticket to unparalleled financial growth.Recent upgrades like a brand-new roof in 2022 and a complete HVAC overhaul three years prior make this property a low-maintenance dream, giving potential investors peace of mind and the promise of minimal upkeep costs. Ocean Pines is no ordinary community. It's a hotbed of growth and opportunities, teeming with young professionals, vibrant families, and retirees seeking the good life. As businesses flourish along 589 and the population grows, the Village Square Shopping Center stands tall as a beacon of prosperity. Its strategic positioning ensures a constant influx of foot traffic, making every square foot of this property a potential goldmine.Village Square Shopping Center isn't just a commercial property; it's a future-forward investment in a market that's poised for exponential growth. With Ocean Pines' increasing prominence on Maryland's commercial real estate map, now is the perfect time to stake your claim and ride this wave of opportunity. Dive into a venture that promises not just returns but a legacy in the making. Listing includes the following Tax ID #'s: Unit 2: 03-143538; Unit 3: 03-143546; Unit 4: 03-143554; Unit 5: 03-143562; Unit 8: 03-143597; Unit 9: 03-143600 and Unit 10: 03-164020.
Exterior Features

Construction Materials FrameVinyl Siding Door Features Double Entry Garage YN No Location Type Highway Parking Types Off SiteParking Lot Road Surface Type Black Top Roof Architectural Shingle Water Access YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 6837.00 Cooling Central A/C Heating Central Heating YN Yes Net Square Feet 6834.00

Property Features

Acceptable Financing CashBank PortfolioConventionalPrivateNegotiable Accessibility Features 2+ Access Exits Central Air YN Yes Cooling Fuel Electric Cross Street Racetrack Rd 589 Heating Fuel Electric Historic YN No Hot Water Electric Municipality Berlin Navigable Water YN N New Construction YN No Number Of Units Total 10 Original MLSNumber 802619126492 Ownership Interest Fee Simple Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 1315.00 Tax Lot 2 Utilities Electric AvailableNatural Gas AvailablePhone Available Vacation Rental YN No Water Source Public 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 Keller Williams Capital Properties. 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: 2024-05-22T12:54:42.07.
 
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