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$2,295,000

  • For Sale
  • Active
  • Retail
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Remarkable opportunity to own a commercial strip center in the heart of Worcester County. 7 fully rented stores, great income, all tenants want to stay. Located in the Village Square commercial center at the South Gate of Ocean Pines. Stores are a total of 6900+-sq ft, new roof, newer Heat & Air systems, new parking lot (November) Building in fantastic condition, nothing needs to be done. All units individually owned. As a financial bonus!! Owner financing is offered at 5% 20% down amortized over 25 years. Call listing agent for all showings and additional details.

Full Property Details for 11021 Nicholas Ln #2,3,4,5,8,9,10

General

  • Price: $2,295,000
  • Taxes: $8,234 (2025)
  • Status: Active
  • Type: Retail
  • Source: BrightMLSMidAtlantic
  • MLS ID: MDWO2034666
  • Updated: 12/17/2025
  • Added to Site: 74 day(s) ago

Business

  • Business Type: Other/General Retail

Parking

  • Total Spaces: 80
  • Parking Features: Paved Parking
  • Parking Type: Parking Lot

Location

  • Area: Worcester East of Rt-113
  • County: WORCESTER
  • Subdivision: OCEAN PINES
  • Driving Directions: Rt 589 turn at Manklin Creek light and right into shopping center.
  • Location Details: Highway

School Information

  • Elementary School: Showell
  • Middle School: Stephen Decatur
  • High School: Stephen Decatur

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Central
  • Heating Fuel: Electric
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Electric Available, Cable TV Available, Natural Gas Available

Structural Information

  • Construction: Frame, Vinyl Siding
  • Foundation: Block
  • Roof: Architectural Shingle
  • Stories/Levels: 2
  • Building Size: 6837
  • Year Built: 2004
  • Year Built Source: Estimated
  • Property Condition: Good

Unit Information

  • # Tenants: Multiple

Lot Features

  • Property View: Pond
  • Lot Size (Acres): 3.56
  • Lot Size (Sq. Ft.): 155,073
  • Lot Size Source: Estimated
  • Street/Road Desc.: Black Top
  • Zoning: COMMERICAL
  • Lot Description: Pond

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Type: Pond

Financial Considerations

  • Price Per Sq. Ft.: $335.67
  • Assessment Year: 2025
  • County Tax: $7,240
  • County Tax Freq: Annually
  • Tax w/Assessment: $888,300
  • Tax Amount: $8,234
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Investment: Yes
  • Lot Number: 2

Listed by Coldwell Banker/Bud Church Rea, Ken Church

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Listing agent

— 11021 Nicholas Ln #2,3,4,5,8,9,10 —

  • Ken Church

    Coldwell Banker/Bud Church Rea

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 11021 Nicholas Ln #2,3,4,5,8,9,10

School District:Worcester County Public Schools
NameGradesDistance
Showell Elementary School
11318 Showell School Road, Berlin, MD 21811
PK-31.9 mi
Berlin Intermediate School
309 Franklin Avenue, Berlin, MD 21811
4-64.1 mi
Stephen Decatur Middle School, Berlin, MD
9815 Seahawk Road, Berlin, MD 21811
7-83 mi
Stephen Decatur High School
9913 Seahawk Road, Berlin, MD 21811
9-122.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 11021 Nicholas Ln #2,3,4,5,8,9,10 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/22/2025
Price Reduced
$2,295,000
-4.38%
MLS
11/06/2025
Listed
$2,400,000
266.03%
MLS
12/31/2008
Sold
$655,680
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 11021 Nicholas Ln #2,3,4,5,8,9,10

Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,446
—
$178,600
18%
2023
$1,446
10%
$151,133
10%
2021
$1,315
—
$137,400
—
2020
$1,315
1%
$137,400
—
2019
$1,301
—
$137,400
—
2018
$1,301
-13%
$137,400
-13%
2017
$1,496
—
$158,000
—
2016
$1,496
7%
$158,000
—
2015
$1,394
—
$158,000
—
2014
$1,394
—
$158,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 11021 Nicholas Ln #2,3,4,5,8,9,10

$
Down Payment
%
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$

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

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Coldwell Banker/Bud Church Rea, Ken Church

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438 Ocean Pkwy, Ocean Pines, MD 21811 - Photo 1 Price Reduced
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11021 Nicholas Lane #2,3,4,5,8,9,10, Berlin, MD 21811 (MLS# MDWO2034666) is a Retail property. 11021 Nicholas Lane #2,3,4,5,8,9,10 is currently listed for $2,295,000 and was received on November 06, 2025. Want to learn more about 11021 Nicholas Lane #2,3,4,5,8,9,10? Do you have questions about finding other Retail real estate for sale in Berlin? You can browse all Berlin real estate or contact a Coldwell Banker agent to request more information.

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