325 Cleat St - Retail FOR SALE


Stevensville, MD 21666
$4,750,000 USD
610-470-9651
325 Cleat St, Stevensville, MD for Sale
$4,750,000 USD
Retail - FOR SALE
1/12
null | Request Cap Rate

325 Cleat St
Stevensville, MD 21666


OVERVIEW

325 Cleat Street is one of the Eastern Shore's most highly visibile assets. This is the last property with true Route 50 frontage before you head over the Bay Bridge heading westbound and the perfect opportunity for any business that needs strong visibility. Currently improved with only one 10,000 SF building, the 11-acre property is ripe with opportunity for additional development with Urban Commercial (UC) zoning. Of the 10,000 SF existing, 4,000 SF is made up of a former bar/retail space and 6,000 SF is an operational marine/RV service center. Options are to 1) purchase the entire property 2) lease the entire 10,000 SF, or 3) lease just the 4,000 SF bar/retail space.

FOR SALE DETAILS

PRICE

$4,750,000 USD

PRICE/SF

$475 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Bar, Showroom, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

10.7 AC

LAND SF

466,092 SF

ZONING

UC/ IDA

APN/PARCEL ID

04-055578

ASK ABOUT THIS PROPERTY

Mason PophamThomas Park Commercial LLCMore Info
610-470-9651

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Mason PophamThomas Park Commercial LLCMore Info
610-470-9651

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