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Executive Summary
Versatile multi-unit investment in a well-situated location, featuring five fully leased units, including a residential space on Aireys Road. All tenants are long-term and well-established, providing consistent income and minimal turnover for a truly hands-off ownership experience. Included in the offering is an additional residential parcel, also tenant-occupied, adding further stability and income to the investment. The property offers convenient access to major routes, connecting the area to surrounding Eastern Shore communities and beyond, while maintaining a quiet, stable setting that appeals to tenants. With a proven rental history and strong occupancy, this is a dependable addition to any portfolio, blending stability, location, and long-term potential.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,800 SF
Building Class
C
Year Built
1951
Price
$1,350,000
Price Per SF
$125
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.11
Lot Size
2.19 AC
Zoning
B2
Property Taxes
| Parcel Number | 14-004742 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $844,400 |
Property Taxes
Parcel Number
14-004742
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$844,400
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