Listing IDMDWC2005810
Sold For$95,000
Price/SqFt$99.90
StatusCLOSED
Sold Date8/31/2022
SqFt
1,000
CountyWicomico
SubdivisionBEAGLIN PARK PLAZA
Year Built1987
Property TypeCommercial Sale
Property Sub TypeOffice
Listing Agent
Michael C. Weisner
Title:
Broker
Email: Contact This Broker
Address:
1323 Mt Hermon Rd, Suite 5A
City:
Salisbury
State/Province:
MD
Zipcode:
21804
Office Phone:
410-742-7141
Office Fax:
410-742-7151
Modern, first floor office condominium in attractive office park known as Beaglin Park Plaza. Plenty of parking. Conveniently located on the intersection of Mt Hermon Rd, Beaglin Park Drive and Business Route 50. The unit is divided into three areas - a large front office, middle office and larger office in the rear. Two bathrooms, small kitchen area, and rear deck with access to the parking lot in the back. This property is being sold subject to an existing lease. Current rent is $1,000/month with an lease expiration date of May 31, 2023. The quarterly condo fee of $532 covers all exterior maintenance, water/sewer bill and trash removal and is paid by the landlord. Well managed condo association with strong finances. Assessment office shows interior space of condo at 906 square feet. Estimated overall square footage is 1,000. Shown by appointment only. Excellent investment property.
County
Wicomico
Price/SqFt
99.9
Property Sub Type
Office
Property Type
Commercial Sale
Subdivision
BEAGLIN PARK PLAZA
Year Built
1987
Zoning
COMMERCIAL
Building Total SqFt Source
Estimated
Central Air
no
Cooling Type
Heat Pump(s)
Flooring Type
Carpet, Vinyl
Heating
yes
Heating Type
Heat Pump - Electric BackUp
Building Units Total
1
Car Parking Spaces
160
Construction Materials
Frame, Vinyl Siding
Cooling Fuel
Electric
Foundation Details
Crawl Space
Heating Fuel
Electric
Hot Water
Electric
Lot Dimensions Source
Assessor
Lot Size Dimensions
0.00 x 0.00
New Construction
no
Parking Features
Lighted Parking
Roof
Architectural Shingle
Sewer Septic
Public Sewer
Tidal Water
no
Total Garage and Parking Spaces
160
Type of Parking
Parking Lot
Utilities
Electric Available
Water Access
no
Water Oriented
no
Water Source
Public
Water View
no
Country
US
In City Limits
yes
Location Type
Business Park
MLS Area
Wicomico Northeast (23-02)
Municipality
Salisbury
Waterfront
no
Zoning Description
Light Business and Institutional
Accessibility Features
Ramp - Main Level
Base Off Market Date
2022-09-01T00:00:00+00:00
Business Type
Professional
Days on Market
41
Land Use Code
CC
Municipal Trash
no
Potential Tenancy
Single
Property Condition
Good
Year Assessed
2022
Year Built Source
Assessor
Acceptable Financing
Conventional
Automatically Update Tax Values
yes
Buyer Financing
Cash
Exclusions
Tenants equipment and personal property.
Net SqFt
1000
Ownership Interest
Condominium
Possession
Subject to Existing Lease
Riparian Rights
no
Sale Type
Standard
Tax Annual Amount
1680
Tax Assessed Value
81500
Tax Lot
A14
Tax Year
2022
Vacation Rental
no
Listing courtesy of Weisner Real Estate Inc (410) 742-7141
© 2023 Bright MLS. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Listing courtesy of Weisner Real Estate Inc. Data last updated on Thursday, September 21st, 2023 06:25:03 AM.
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