$1,495,000
$1,495,000
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11680 SOMERSET AVE Princess Anne, MD 21853
10,992 SqFt
Key Details
Sold Price $1,495,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 10,992 sqft
Price per Sqft $136
MLS Listing ID MDSO103964
Sold Date 01/31/23
HOA Y/N N
Originating Board BRIGHT
Year Built 1987
Annual Tax Amount $5,588
Tax Year 2021
Lot Size 0.632 Acres
Acres 0.63
Lot Dimensions 0.00 x 0.00
Property Description
6 unit Investment property 89.08% leased (5 out of 6 units leased) $114,000 current gross income with 1 vacancy. $128,354 with 1200 SF vacancy filled at $12 SF 3 out of 6 tenants are long term government contracts Center is in Great condition with no deferred maintenance Easy to self manage
Location
State MD
County Somerset
Area Somerset West Of Rt-13 (20-01)
Zoning C-1
Interior
Hot Water Other
Heating Other
Cooling Other
Heat Source Other
Exterior
Garage Spaces 67.0
Waterfront N
Water Access N
Accessibility Other
Parking Type Parking Lot
Total Parking Spaces 67
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Somerset County Public Schools
Others
Tax ID 01-009702
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with JOHN TIMMONS • Keller Williams Realty