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Vacant Restaurant | 2.03 Acre Lot 145 Newtown Blvd 4,869 SF Retail Building Pocomoke City, MD 21851 For Sale
Investment Highlights
- Excellent Frontage & Visibility | Pylon Signage | 2.026 Acre Lot | General Business Zoning
- Strong Demographics In 5-Mile Trade Area
- Pocomoke Plaza Shopping Center | Primary Retail Corridor |Proximity To National/Credit Tenants
Executive Summary
• The property is available for sale or lease
• The asset has significant frontage and a pylon sign on Ocean Highway, the primary retail thoroughfare serving the city, increasing consumer exposure to the site
• The site is over 2 acres, providing investors with ample space to redevelop the property
• The site is zoned B-2: General Business, which allows for a variety of permitted uses
• The asset has significant frontage and a pylon sign on Ocean Highway, the primary retail thoroughfare serving the city, increasing consumer exposure to the site
• The site is over 2 acres, providing investors with ample space to redevelop the property
• The site is zoned B-2: General Business, which allows for a variety of permitted uses
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
4,869 SF
Building Class
B
Year Built
2005
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
2.02 AC
Zoning
B-2
Parking
117 Spaces (24.03 Spaces per 1,000 SF Leased)
Amenities
- Signalized Intersection
Nearby Major Retailers
Property Taxes
| Parcel Number | 01-042696 | Improvements Assessment | $969,500 |
| Land Assessment | $454,500 | Total Assessment | $1,424,000 |
Property Taxes
Parcel Number
01-042696
Land Assessment
$454,500
Improvements Assessment
$969,500
Total Assessment
$1,424,000
Contacts
-
Winston Guest -
Joe Chichester -
Matthew Mousavi -
Patrick Luther -
SRS National Net Lease
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Vacant Restaurant | 2.03 Acre Lot | 145 Newtown Blvd
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