Federalsburg, MD 21632,1700 INDUSTRIAL PARK RD
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Federalsburg, MD 21632,1700 INDUSTRIAL PARK RD
Federalsburg, MD 21632,1700 INDUSTRIAL PARK RD
Federalsburg, MD 21632,1700 INDUSTRIAL PARK RD
Federalsburg, MD 21632,1700 INDUSTRIAL PARK RD

$2,700,000

Est. payment /mo

$2,988,780

9.7%
Est.Price: ?

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1700 INDUSTRIAL PARK RD Federalsburg, MD 21632

49,813 SqFt

SOLD DATE : 07/25/2022

Key Details

Sold Price $2,700,000

Property Type Commercial

Sub Type Industrial

Listing Status Sold

Purchase Type For Sale

Square Footage 49,813 sqft

Price per Sqft $54

MLS Listing ID MDCM2000700

Year Built 1981

Annual Tax Amount $25,656

Tax Year 2022

Lot Size 5.580 Acres

Property Description

Industrial Facility in the Opportunity Zone. 49,813 sq.ft. facility on 5.586 acres. 5 docks (8 x 8) and 1 drive-in door (8 x 8). 3 phase electric 480 volts - steps down to 280. Propane hanging heating, compressed air lines and electrical drops throughout. 6" water line. 2,000 sq.ft. 2nd floor office space overlooking the production area with new a/c, new heat pump and new duct work. Approx 40 employee parking spaces and 15 tractor trailer truck spaces. 5+ acre site offers room for expansion.
Property is under lease until April 2023 with $192,000 annual income.
The Federalsburg Industrial Park is located 1 mile from downtown Federalsburg on MD Rt. 313. The park is equipped with electricity, water, sewer, broadband access and offers paved roads and fire and police protection.

Location

State MD

County Caroline

Zoning ID2

Interior

Hot Water Electric

Heating Heat Pump - Electric BackUp, Other

Cooling Heat Pump(s)

Flooring Concrete

Exterior

Garage Spaces 55.0

Utilities Available Propane

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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Bright MLS (BMLS)
Listed by Henry Hanna • SVN |Miller Commercial Real Estate
Bought with Henry Hanna • SVN |Miller Commercial Real Estate
agent

Jason Gareau

Broker

+1(609) 929-4486

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