11021 NICHOLAS LN #2,3,4,5,8,9,10 new to site Save Request In-Person Tour Request Virtual Tour
Berlin,MD 21811
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