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Simone Velvel

simone@thevelvelgroup.com +1(703) 507-7614

Listed by Ken Church • Coldwell Banker/Bud Church Rea

$2,295,000

Est. payment - /mo

3.56 Acres Lot

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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Subdivision Ocean Pines

MLS Listing ID MDWO2034666

Year Built 2004

Annual Tax Amount $8,234

Tax Year 2025

Lot Size 3.560 Acres

Acres 3.56

Lot Dimensions 0.00 x 0.00

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

Remarkable opportunity to own a commercial strip center in the heart of Worcester County. 7 fully rented stores, great income, all tenants want to stay. Located in the Village Square commercial center at the South Gate of Ocean Pines. Stores are a total of 6900+-sq ft, new roof, newer Heat & Air systems, new parking lot (November) Building in fantastic condition, nothing needs to be done. All units individually owned. As a financial bonus!! Owner financing is offered at 5% 20% down amortized over 25 years. Call listing agent for all showings and additional details.

Location

State MD

County Worcester

Area Worcester East Of Rt-113

Zoning COMMERICAL

Interior

Hot Water Electric

Heating Central

Cooling Central A/C

Heat Source Electric

Exterior

Garage Spaces 80.0

Utilities Available Electric Available, Cable TV Available, Natural Gas Available

Water Access N

View Pond

Roof Type Architectural Shingle

Street Surface Black Top

Accessibility 2+ Access Exits

Total Parking Spaces 80

Garage N

Building

Lot Description Pond

Foundation Block

Sewer Public Sewer

Water Public

New Construction N

Schools

Elementary Schools Showell

Middle Schools Stephen Decatur

High Schools Stephen Decatur

School District Worcester County Public Schools

Others

Tax ID 2403143538

Ownership Fee Simple

Acceptable Financing Cash, Conventional, Seller Financing

Listing Terms Cash, Conventional, Seller Financing

Financing Cash,Conventional,Seller Financing

Special Listing Condition Standard

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Nearby Locations

"Simone's passion for real estate and her love for "The DMV" are a perfect match. She has made it her mission to help local residents sell their homes quickly and at the best possible prices. Equally, she takes immense pride in assisting homebuyers in finding their perfect piece of paradise in DC, Maryland and Virginia. "

+1(703) 507-7614

simone@thevelvelgroup.com

11003 Glueck Lane, Kensington, Maryland, 20895, USA

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