11021 NICHOLAS LN #2,3 ,4,5,8, 9 & 10

  • BERLIN, MD 21811
  • BERLIN, MD 21811
  • BERLIN, MD 21811
  • BERLIN, MD 21811
  • BERLIN, MD 21811
  • BERLIN, MD 21811
  • BERLIN, MD 21811
  • BERLIN, MD 21811
  • BERLIN, MD 21811
  • BERLIN, MD 21811
  • BERLIN, MD 21811
  • BERLIN, MD 21811
  • BERLIN, MD 21811
  • BERLIN, MD 21811
  • BERLIN, MD 21811
  • BERLIN, MD 21811
  • BERLIN, MD 21811
  • BERLIN, MD 21811
  • BERLIN, MD 21811
  • BERLIN, MD 21811
  • BERLIN, MD 21811
  • BERLIN, MD 21811
  • BERLIN, MD 21811
  • BERLIN, MD 21811
  • BERLIN, MD 21811
  • BERLIN, MD 21811

11021 NICHOLAS LN #2,3 ,4,5,8, 9 & 10
OCEAN PINES
BERLIN, MD 21811

MLS Number: MDWO2016502


Originally $2,500,000
$2,000,000
SqFt: 6,834

Description

  • Aggressive Owner Financing Available !!!!!!!! Call Listing Agent for details 500,000.00 Price Drop Invest in the Heart of Ocean Pines, MD! Village Square Shopping Center, located at the entrance of the South Gate, is the epitome of prime commercial real estate. It features a sprawling 6,834 SF building on 3.56 acres, housing 7 fully-leased office/retail condo units. The entire building has been meticulously maintained and updated, representing a prime investment. Drenched in opportunities, its lucrative positioning in a high-demand zone ensures a steady flow of income, making this more than just an investmentit's a golden ticket to unparalleled financial growth. Recent upgrades like a brand-new roof in 2022 and a complete HVAC overhaul three years prior make this property a low-maintenance dream, giving potential investors peace of mind and the promise of minimal upkeep costs. Ocean Pines is no ordinary community. It's a hotbed of growth and opportunities, teeming with young professionals, vibrant families, and retirees seeking the good life. As businesses flourish along 589 and the population grows, the Village Square Shopping Center stands tall as a beacon of prosperity. Its strategic positioning ensures a constant influx of foot traffic, making every square foot of this property a potential goldmine. Village Square Shopping Center isn't just a commercial property; it's a future-forward investment in a market that's poised for exponential growth. With Ocean Pines' increasing prominence on Maryland's commercial real estate map, now is the perfect time to stake your claim and ride this wave of opportunity. Dive into a venture that promises not just returns but a legacy in the making. Listing includes the following Tax ID #'s: Unit 2: 03-143538; Unit 3: 03-143546; Unit 4: 03-143554; Unit 5: 03-143562; Unit 8: 03-143597; Unit 9: 03-143600 and Unit 10: 03-164020.

General Details

  • Living Area: 6,834
  • Lot Area: 154,919
  • Property Type: Mixed Use
  • County: WORCESTER
  • Year Built: 2004
  • Sub-Division: OCEAN PINES
  • Historical District: N
  • Sewer: Public Sewer
  • Stories: 2
  • Acres: 3

Community Information

  • Zoning: COMMERCIAL

Exterior Features

  • Garage(s): N
  • Roof: Architectural Shingle
  • Waterfront: N
  • Waterview: N

Interior Features

  • Heating: Central
  • Cooling: Y
  • Water: Public

Lot Information

  • SqFt: 154,919

School Information

  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • Elementary School: SHOWELL
  • Middle School: STEPHEN DECATUR
  • High School: STEPHEN DECATUR

Fees & Taxes

  • County Taxes: $1,161

Other Info

  • Listing Courtesy Of: Berkshire Hathaway HomeServices PenFed Realty - OP
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