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Black Water Relics 401 Old Virginia Rd 5,360 SF 100% Leased Flex Building Pocomoke City, MD 21851 $499,000 ($93.10/SF)
INVESTMENT HIGHLIGHTS
- Proximity to heavily travelled US RT 13 (1,000 ft)
- Positioned with excellent complimentary business traffic
- .67 AC at signalized intersection with access to 2 roads from subject property
EXECUTIVE SUMMARY
Seize the opportunity to own a versatile mixed use commercial property. Perfect for investors and owner / operators alike and could include the existing business through a separate negotiation / sale. This property underwent a total overhaul since 2020. All plumbing, electrical, HVAC and ductwork have been replaced and insulation added. The first floor has been completely upgraded while maintaining its rustic appeal and features retail space, 2 bathrooms and storage. In addition to over 1300 square feet of storage area, the 2nd floor features a spacious, income producing 3 bedroom / 1 bath apartment with private entrance that could also be utilized for an owner / operator suite. This sale includes the adjoining property of 1847 Market Street which boasts an additional 15,020 square feet (.34 acres) of land that could be developed or used for additional parking. The additional acreage brings the total land area to 29,037 square feet (.67 acres). This is a high visibility location situated at a signalized intersection with ingress and egress from 2 roadways and outstanding complimentary neighboring businesses along heavily travelled US Rt.13, Old Virginia Rd, and Market Street.
PROPERTY FACTS
UTILITIES
- Lighting
- Water
- Sewer
- Heating
PROPERTY TAXES
| Parcel Number | 01-005383 | Improvements Assessment | $109,400 |
| Land Assessment | $35,000 | Total Assessment | $144,400 |
PROPERTY TAXES
Parcel Number
01-005383
Land Assessment
$35,000
Improvements Assessment
$109,400
Total Assessment
$144,400
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Black Water Relics | 401 Old Virginia Rd
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