$1,300,000
$1,465,000
11.3%For more information regarding the value of a property, please contact us for a free consultation.
1500 INDUSTRIAL PARK DRIVE Federalsburg, MD 21632
29,000 SqFt
Key Details
Sold Price $1,300,000
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 29,000 sqft
Price per Sqft $44
MLS Listing ID MDCM125494
Year Built 1981
Annual Tax Amount $12,806
Tax Year 2021
Lot Size 5.000 Acres
Property Description
Opportunity Zone - 29,000 sq.ft. manufacturing facility on 5 acres. Warehouse is fully heated and cooled. 2 - 10' docks with levelers and 1 - 10' drive-in door. Warehouse has compressed air lines and electrical rails. Racking included. Warehouse offers small private offices, tool room and multi stall restrooms. 3 phase electric. Column spacing of approximately 20'. Warehouse is heated by zoned oil heat (inspected and certified 5/2021). Ceiling height is 14' (12' to rafters). Roof was recoated 8/2020 and offers 5 year warranty. 2 exterior maintenance sheds. Fully sprinklered. 3,000 sq.ft. front office space offers private offices, kitchen, meeting room, owner's office with full restroom. Separate hvac for the office. 5 acre site offers room for expansion. The Federalsburg Industrial Park is located 1 mile from downtown Federalsburg on MD Route 313. The park is equipped with electricity, water, sewer, broadband access and offers paved roads and fire and police protection. The Maryland & Delaware Railroad line borders the park. The park is located near several ports: Baltimore 80 miles, Philadelphia 124 miles, Norfolk 170 miles and New York 207 miles. Property is currently under lease through 8/2023 at $10,312.50 per month rental income. ($103,125 net yearly income).
Location
State MD
County Caroline
Zoning ID2
Interior
Hot Water Electric
Heating Zoned, Other
Cooling Heat Pump(s)
Flooring Concrete
Exterior
Garage Spaces 40.0
Water Access N
Roof Type Metal
Building
Foundation Slab
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Caroline County Public Schools
Others
Special Listing Condition Standard
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Bought with Wesley Cox • SVN |Miller Commercial Real Estate