More property info for 11049 Racetrack Rd #A & B & C
- 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.
- Building Total SQFT: 6000.00
- Total Restrooms: 5
- Lot Features: Additional Lot(s)
- Lot Size Acres: 2.79
- Lot SQFT: 121532.40
- Roof: Asphalt
- Cooling Type: Central A/C
- Electric Service: 220 Volts
- Heating Type: Heat Pump(s)
- Sewer Septic: Public Sewer
- Utilities: Cable TV Available, Electric Available, Natural Gas
- Water Source: Public
- Co List Agent Full Name: Marlene Ott
- List Agent Full Name: Spike Sands
- List Office Name: Berkshire Hathaway HomeServices PenFed Realty - OP
- List Office Phone: 4102083500
11049 Racetrack Rd #A & B & C Map Location
Monthly Payment for 11049 Racetrack Rd #A & B & C
This is an estimated monthly mortgage payment. Your actual financing will vary depending on your lender, local taxes, credit score and other factors.
| Loan Type: |
30 year fixed at 7.00% |
| Price: |
$1,650,000 |
| Down Payment: |
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$330,000
(20%)
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| Loan Amount: |
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$1,320,000 |
| Principal & Interest: |
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| Property Taxes: |
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(1.5%) |
| Homeowner's Insurance: |
+ |
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| Mortgage Insurance - PMI: |
+ |
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| Total Payment: |
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Listing courtesy of Berkshire Hathaway HomeServices PenFed Realty - OP
Information obtained from Bright MLS is current as of 4/29/2024 6:13 AM.
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