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10442 Racetrack Rd, Berlin, MD 21811

$339,000 Just Listed

  • For Sale
  • Active
  • Commercial
10442 Racetrack Rd, Berlin, MD 21811 View this property at 10442 Racetrack Rd, Berlin, MD 21811
10442 Racetrack Rd Berlin MD 21811

Property Description

Outstanding Commercial Property sits directly on RT 569 (Racetrack Road). Currently Parcel 106 & 70 combined is the vintage home of the Campbell's Cottages which have been serving vacationers for over 50 years. This wonderful property sits on a gradual curve in the road, there is great traffic exposure in both directions. The property includes: 4 Cottages, Bath House, Trailer, and Shed. The Cottages are fully rented for the summer of 2017. Operate it as rental cottages until you are ready to develop. Great Investment Opportunity!

Full Property Details for 10442 Racetrack Rd

  • Price: $339,000
  • Status: Active
  • Type: Commercial
  • MLS ID: 508532
  • Updated: 2/17/2017
  • Added: 5 day(s) ago

Property History

  • 10442 Racetrack Rd, Berlin, MD
  • Listed at $339,000 on 2/15/17

Additional Information

  • Pool Description: None

Location

  • Area: Worcester East of 113
  • County: Worcester
  • Subdivision: N/A
  • Driving Directions: From RT 50, turn on RT 589 (Racetrack RD). Go pass the Casino. After you pass Gum Point RD on your right, the property

Utilities

  • Water/Sewer: Holding Tank, Septic, Well

Structural Information

  • Architectural Style: Cabin/Bungalow
  • Exterior Const.: Block, Concrete Block, Wood
  • Basement Desc.: None
  • Foundation: Concrete Block
  • Roof: Asphalt Shingles
  • Stories in Building: 1
  • Square Feet: 924
  • Year Built: 1982

Lot Features

  • Lot Size (Acres): 1.38
  • Lot Size (Sq. Ft.): 60,000
  • Lot Dimensions: Irregular
  • Hwy Frontage: 474
  • Public Street: Yes
  • Zoning: Commercial, C, C2
  • Lot Description: Corner

Water Features

  • Dock Description: None

Financial Considerations

  • Assoc Fee Freq.: 16000
  • County Tax: $3,985.32
  • Owner Pays: Electric, Heat, Insurance, Janitorial, Lawn, Maintenance/Repair, Taxes, Trash
  • Tenant Expense: none

Disclosures and Reports

  • Documents Avail.: Well & Septic Drawin, Aerial Photos
  • Legal Description: 1.25 ACS W SIDE R-589 NE OF BERLIN and 5550 SF W Side Ocean Downs RD NE of Berlin
  • APN: 70

Listed by Long and Foster - 11701 OC, Lisa E Coleman and Christopher L Barnes

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Estimate the Cost

10442 Racetrack Rd will cost you if you:

  • Buy it at list price: $
  • Put down a % down payment : $
  • Pay at a interest rate over

  • Pay $ per year in insurance and $ per year in property taxes.

Get pre-approved to see if you qualify for properties in this budget.

*These costs are estimates, and the interest rates assume exceptional credit standing.

In the Community

Nearby Schools

10442 Racetrack Rd, Berlin, MD 21811 (MLS# 508532) is a Commercial property. 10442 Racetrack Rd is currently listed for $339,000 and was received on February 15, 2017. Want to learn more about 10442 Racetrack Rd? Do you have questions about finding other Commercial real estate for sale in Berlin? You can browse all Berlin real estate or contact a Coldwell Banker agent to request more information.

Listed by Long and Foster - 11701 OC, Lisa E Coleman and Christopher L Barnes

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