2,359 Sqft Lot
2,359 Sqft Lot
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
MLS Listing ID MDWC2022528
Year Built 2006
Annual Tax Amount $9,224
Tax Year 2025
Lot Size 2,359 Sqft
Acres 0.05
Lot Dimensions 0.00 x 0.00
Property Sub-Type Office
Source BRIGHT
Property Description
The suite features a functional and flexible layout, including multiple private offices, a large conference room, three separate entrances/exits, and an open workspace designed for collaborative use. Currently being remodeled, the space is ideally suited for medical or professional office users.
Positioned within a desirable professional park setting, this asset combines strong tenancy, quality improvements, and long-term income security, making it an attractive addition to any investment portfolio.
7.34% Cap Rate - 5 Year Lease in place
Location
State MD
County Wicomico
Area Wicomico Northeast (23-02)
Zoning LB1
Interior
Hot Water Other
Heating Other
Cooling Other
Heat Source Other
Exterior
Garage Spaces 60.0
Water Access N
Accessibility Entry Slope <1', No Stairs, Level Entry - Main, 2+ Access Exits
Total Parking Spaces 60
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Wicomico County Public Schools
Others
Tax ID 2305124174
Ownership Fee Simple
Special Listing Condition Standard
NEARBY SCHOOLS & PROPERTIES
rakan.a@firststatehometeam.com
1521 Concord Pike, Suite 102, Wilmington, DE, 19803, United States