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11073 Cathell Road, Berlin, MD 21811
$1,050,000
11073 Cathell Road, Berlin, MD 21811View this property at 11073 Cathell Road, Berlin, MD 21811
11073 Cathell RoadBerlinMD21811
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Property Description
Highly visible commercial property prime for redevelopment, or use as your own professional office/retail. The site is connected to a recently developed Walgreens (via an easement) at a lighted intersection. The property is situated within sight of the Rt. 90interchange which is one of three major access points into Ocean City with 8,000,000 visitors a year. The property currently consists of a 9,248 SF two-story building on 2.38 acres. The zoning is C-2 General Commercial which allows for a more intense commercial development.
Full Property Details
Full Property Details for 11073 Cathell Rd
General
- Sold For: $1,050,000
- Taxes: $7,594 (2017)
- Status: Closed
- Type: Retail
- MLS ID: 1001558632
- Added to Site: 2, 382 day(s) ago
Business
- Business Type: Other/General Retail
Interior
- Flooring: Carpet
Parking
- Total Spaces: 20
- Parking Type: Parking Lot
Location
- Area: Worcester East of Rt-113
- Municipality: BERLIN
- County: Worcester
- Development Name: None Available
- Subdivision: None Available
- Driving Directions: Adjacent to Walgreen on the northwest corner of Racetrack Rd and Cathell Rd
- City Limits: Yes
Heating & Cooling
- Cooling Type: None
- Heating Type: None
- Water Heater: None
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Vinyl Siding
- Foundation: Block
- Roof: Asphalt
- Stories/Levels: 2
- Year Built: 1985
- Year Built Source: Estimated
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Dimensions: NA
- Frontage Feet: 500
- Street/Road Desc.: US Highway/Interstate
- Lot Features: Cleared
- Zoning: C-2
- Lot Description: Cleared
Financial Considerations
- Price Per Sq. Ft.: $128.67
- City/TownTax Freq: Annually
- County Tax: $7,466
- County Tax Freq: Annually
- Tax w/Assessment: $821,767
- Tax Amount: $7,594
- Tax Year: 2017
- Tenant Pays: Electricity
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3.5%
- Ownership: Other
- In foreclosure: Yes
- Lot Number: 3B
Listed by SVN/Miller Commercial Real Estate, Henry Hanna and SVN/Miller Commercial Real Estate, Wesley Cox
Sold by Bendler Realty Corp, Randall Bendler
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Schools
Schools serving 11073 Cathell Rd
School District:Worcester County Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
11318 Showell School Rd, Berlin, MD 21811 | PK-4 | 1.5 mi | |
309 Franklin Ave, Berlin, MD 21811 | PK-4 | 4 mi | |
9815 Seahawk Rd, Berlin, MD 21811 | 7-8 | 3.1 mi | |
9913 Seahawk Rd, Berlin, MD 21811 | 9-12 | 2.8 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 11073 Cathell Rd
Date
Details
Price
Change
Source
7/26/2021
Sold
$1,050,000
-11.76%
MLS
11/03/2017
Listed
$1,189,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
11073 Cathell Road, Berlin, MD 21811 (MLS# 1001558632) is a Retail property that was sold at $1,050,000 on July 26, 2021. Want to learn more about 11073 Cathell Road? 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.