3212 Main St - Office CONDO FOR SALE


Grasonville, MD 21638
$749,000 USD
443-390-2600
3212 Main St, Grasonville, MD for Sale
$749,000 USD
Office CONDO - FOR SALE
1/69
null | Request Cap Rate

3212 Main St
Grasonville, MD 21638


OVERVIEW

We are especially pleased to offer for sale this 100% leased water view office condominium (18% of the total building) located in the heart of the Kent Narrows. The lease is for five years and started on November 1st. Tenant quality is very good-excellent. Rental increase over the five year term is 27.6%! Wells Cove is a marina, hotel, residential, retail and office complex that exudes the best of Eastern Shore living. Surrounded by some of the best seafood restaurants on the Bay, and cool waterfront bars, this is the office your employees dream about. A highlight is that Exit 42 on US Route 50, within 1/8th mile of the property, with average daily traffic counts of 73,642, provides direct east and westbound access.

FOR SALE DETAILS

PRICE

$749,000 USD

PRICE/SF

$312 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Wells Cove Office Condos & Marina

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

7,200 SF

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

46

LAND DETAILS

LAND ACRES

1.71 AC

LAND SF

74,488 SF

ZONING

WVC

APN/PARCEL ID

05-003849

ASK ABOUT THIS PROPERTY

Robert GreenleeSVN | Miller Commercial Real EstateMore Info
443-390-2600

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Robert GreenleeSVN | Miller Commercial Real EstateMore Info
443-390-2600

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.