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$925,000
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Property Description
Tremendous Commercial Real Estate opportunity in one of Worcester Counties highest growth area. Situated in the heart of Ocean Pines. 130+- ft direct access to Rt 589. Signage included. Current leases in place and must be honored. Approximately 1.2 acres of commercial land that includes 2 buildings. Also in sale will be the transfer of 2 Edu's. As mentioned: Sale to include 2 buildings: main building is approximately 3000 +- sq ft. the building in the back which is also fully leased is approx 1800+- sq ft. All financials available thru listing agent. 24hrs needed for showings and all showings must be accompanied by Real estate Brokerage. Listing includes tax id 2403165388.
Full Property Details
Full Property Details for 11049 Racetrack Rd #A & B
General
- Sold For: $925,000
- Taxes: $8,653 (2024)
- Status: Closed
- Type: Retail
- Source: BrightMLSMidAtlantic
- MLS ID: MDWO2029726
- Added to Site: 297 day(s) ago
Business
- Business Type: Big Box Retail, Convenience Store/Gas, Professional,
Interior
- Flooring: Carpet, Ceramic Tile, Hardwood
Additional Information
- Security/Safety: 24 hour security
Parking
- Total Spaces: 30
- Parking Features: Paved Parking
- Parking Type: Parking Lot
Location
- Area: Worcester West of Rt-113
- County: Worcester
- Driving Directions: Rt 50 to Rt 589. Building on West side of Rt 589.
- Location Details: Free Standing
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: Heat Pump(s)
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable TV Available, Electric Available, Cable TV
Structural Information
- Construction: Block
- Foundation: Block
- Roof: Architectural Shingle
- Entry Floor Number: 1
- Stories/Levels: 0
- Year Built: 1987
- Year Built Source: Assessor
- Property Condition: Very Good
Unit Information
- # Tenants: Multiple
Lot Features
- Property View: Street
- Lot Size (Acres): 1.2
- Lot Size (Sq. Ft.): 52,272
- Lot Size Source: Estimated
- Lot Dimensions: 0.00 x 0.00
- Street/Road Desc.: Black Top, Paved
- Lot Features: Cleared
- Zoning: C-2
- Lot Description: Cleared
Financial Considerations
- Price Per Sq. Ft.: $218.75
- Assessment Year: 2024
- County Tax: $7,639
- County Tax Freq: Annually
- Tax w/Assessment: $904,500
- Tax Amount: $8,653
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: All furniture
- Investment: Yes
- Lot Number: A
Listed by Coldwell Banker/Bud Church Rea, Ken Church
Sold by Coastal Life Realty Group LLC, Joseph Wilson
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Schools
Schools serving 11049 Racetrack Rd #A & B
School District:Worcester County Public Schools
| Name | Grades | Distance |
|---|---|---|
Showell Elementary School 11318 Showell School Road, Berlin, MD 21811 | PK-3 | 1.6 mi |
Berlin Intermediate School 309 Franklin Avenue, Berlin, MD 21811 | 4-6 | 4.1 mi |
Stephen Decatur Middle School, Berlin, MD 9815 Seahawk Road, Berlin, MD 21811 | 7-8 | 3 mi |
Stephen Decatur High School 9913 Seahawk Road, Berlin, MD 21811 | 9-12 | 2.8 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 11049 Racetrack Rd #A & B
Date
Details
Price
Change
Source
11/03/2025
Sold
$925,000
-11.9%
MLS
7/14/2025
Price Reduced
$1,050,000
-4.55%
MLS
3/26/2025
Listed
$1,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
11049 Racetrack Road #A & B, Berlin, MD 21811 (MLS# MDWO2029726) is a Retail property that was sold at $925,000 on November 03, 2025. Want to learn more about 11049 Racetrack Road #A & B? 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.

