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$1,300,000

  • Sold
  • Closed
  • Commercial
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Turnkey medical office space located on Route 589 with high visibility. Standalone building with almost 5000 square feet and just over a half acre of land. Located across from Ocean Pines, the property features easy access to Routes 50 and 113 to serve all of Northern Worcester County. Includes 23 parking space with an additional 12 parking spaces leased at only $3500 per year. Property is zoned C2 General Commercial.

Full Property Details for 11107 Racetrack Rd

General

  • Sold For: $1,300,000
  • Taxes: $8,130 (2024)
  • Status: Closed
  • Type: Commercial
  • Source: BrightMLSMidAtlantic
  • MLS ID: MDWO2019992
  • Added to Site: 695 day(s) ago

Business

  • Business Type: Other

Rooms

Bathrooms

  • Restrooms: 4

Parking

  • Total Spaces: 23
  • Parking Type: Parking Lot

Location

  • Area: Worcester East of Rt-113
  • County: Worcester
  • Driving Directions: Off 589. AGH Building.

Heating & Cooling

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

Utilities

  • Sewer: Septic Exists
  • Water: Well

Structural Information

  • Construction: Other
  • Stories/Levels: 0
  • Year Built: 1997
  • Year Built Source: Assessor

Unit Information

  • # Tenants: Multiple

Lot Features

  • Lot Size (Acres): 0.52
  • Lot Size (Sq. Ft.): 22,651
  • Lot Size Source: Assessor
  • Lot Dimensions: 0.00 x 0.00
  • Zoning: C2

Financial Considerations

  • Price Per Sq. Ft.: $304.14
  • Assessment Year: 2024
  • County Tax: $7,179
  • County Tax Freq: Annually
  • Tax w/Assessment: $849,567
  • Tax Amount: $8,130
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Fee Simple
  • Lot Number: 2

Listed by Coastal Life Realty Group LLC, Joseph Wilson and Coastal Life Realty Group LLC, Kevin E Decker
Sold by NAI Coastal, Christian Phillips

Listing agents

— 11107 Racetrack Rd —

  • Joseph Wilson

    Coastal Life Realty Group LLC

  • Kevin E Decker

    Coastal Life Realty Group LLC

Get Pre-Approved Today

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 11107 Racetrack Rd

School District:Worcester County Public Schools
NameGradesDistance
Showell Elementary School
11318 Showell School Road, Berlin, MD 21811
PK-31.1 mi
Berlin Intermediate School
309 Franklin Avenue, Berlin, MD 21811
4-64 mi
Stephen Decatur Middle School, Berlin, MD
9815 Seahawk Road, Berlin, MD 21811
7-83.2 mi
Stephen Decatur High School
9913 Seahawk Road, Berlin, MD 21811
9-122.9 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 11107 Racetrack Rd

Date
Details
Price
Change
Source
12/09/2024
Sold
$1,300,000
-13.33%
MLS
10/10/2024
Price Reduced
$1,500,000
-9.09%
MLS
3/29/2024
Listed
$1,650,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Coastal Life Realty Group LLC, Joseph Wilson and Coastal Life Realty Group LLC, Kevin E Decker
Sold by NAI Coastal, Christian Phillips

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26 Castle Dr, Ocean Pines, MD 21811 - Photo 1 Just Listed
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26 Castle Dr  Ocean Pines, MD 21811

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Price Reduced near 11107 Racetrack Rd

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70 High Sheriff Trail, Ocean Pines, MD 21811 - Photo 1 Price Reduced
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70 High Sheriff Trail  Ocean Pines, MD 21811

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6 Heron Isle Ct, Ocean Pines, MD 21811 - Photo 1 Price Reduced
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6 Heron Isle Ct  Ocean Pines, MD 21811

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45 Clubhouse Dr, Ocean Pines, MD 21811 - Photo 1 Price Reduced
-$14,100 (-1.2%)
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45 Clubhouse Dr  Ocean Pines, MD 21811

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101 Mumfords Lndg Rd  Ocean Pines, MD 21811

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Listed by EXP Realty, LLC, Joanie Hynes

Recent Sales near 11107 Racetrack Rd

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92 Lookout Point, Ocean Pines, MD 21811 - Photo 1 Sold
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Sold by Unrepresented Buyer Office, Unrepresented Buyer

11107 Racetrack Road, Berlin, MD 21811 (MLS# MDWO2019992) is a Commercial property that was sold at $1,300,000 on December 09, 2024. Want to learn more about 11107 Racetrack Road? 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.