$1,372,000
$1,650,000
16.8%For more information regarding the value of a property, please contact us for a free consultation.
12,147 SqFt
SOLD DATE : 12/29/2023
Key Details
Sold Price $1,372,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 12,147 sqft
Price per Sqft $112
MLS Listing ID MDTA137794
Sold Date 12/29/23
HOA Y/N N
Originating Board BRIGHT
Year Built 2000
Annual Tax Amount $14,518
Tax Year 2023
Lot Size 1.200 Acres
Acres 1.2
Property Description
BRING ALL OFFERS! Ownership refocusing portfolio. 10-unit, 2 building office center, located in the Carlton Business Park behind the Giant-anchored Shoppes at Easton along the highly traveled Dover Road corridor, just off of Route 50. Currently only 1 unit available, 90% occupancy and less than 90-day rollovers. Four tenants have recently moved in with substantial tenant improvements and, more importantly, increased rents. One 1,125 SF Unit #206 is available for immediate lease. Income and rent roll to be confidentially provided based on interest. 9.0% CAP through 2024. Center has extensive parking and has become a hub for medical service providers. Ownership will consider all offers!
Location
State MD
County Talbot
Zoning GC
Interior
Hot Water Electric
Heating Heat Pump - Electric BackUp
Cooling Heat Pump(s)
Heat Source Electric
Exterior
Garage Spaces 15.0
Waterfront N
Water Access N
Accessibility Level Entry - Main
Parking Type Parking Lot
Total Parking Spaces 15
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Talbot County Public Schools
Others
Tax ID 2101072099
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Cornelia C Heckenbach • Long & Foster Real Estate, Inc.