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9373 Ocean Hwy, Delmar, MD 21875

$1,380,000

  • For Sale
  • Active
  • Commercial
9373 Ocean Hwy, Delmar, MD 21875View this property at 9373 Ocean Hwy, Delmar, MD 21875
9373 Ocean HwyDelmarMD21875

Property Description

Investment - Truck Sales & Service Facility. $138,000 annual income, 10% cap rate. Lease expires May 2020. Industrial facility with 19,600 sq.ft. on 12.73 acres. 15,540 sq.ft. is service/shop area with 16 truck bays and a wash bay with recycle water system. Recycle oil heat system. 4,270 sq.ft. office with parts area, customer service, sales, conference rooms and private offices. 340 frontage on US Rt. 13 with direct access and signage. Security fencing. Property has been well taken care of and has a clean environmental report on file. Concrete block and pre-engineered steel construction. Plentiful parking for customers, trucks and trailers.

Full Property Detailsfor 9373 Ocean Hwy

General

  • Price: $1,380,000
  • Status: Active
  • Type: Commercial
  • MLS ID: 511023
  • Updated: 6/21/2017
  • Added: 304 day(s) ago

Property History

  • 9373 Ocean Hwy, Delmar, MD
  • Listed at $1,380,000 on 6/21/17

Interior

  • Flooring: Concrete Slab/Grade

Additional Information

  • Pool Description: None
  • Other Features: Pole Sign, Security Fencing

Location

  • Area: 23-02 Wicomico Co Northeast
  • County: Wicomico
  • Subdivision: N/A
  • Driving Directions: Ocean Highway, Delmar just under 1 mile south of Rt. 50/Line Road intersection on the east side of Rt. 50

Utilities

  • Water/Sewer: Septic, Well
  • Utility Description: Three Phase

Structural Information

  • Description/Design: industrial facility
  • Exterior Const.: Block, Pre-Engineered Sheet Metal, Concrete Block, metal
  • Basement Desc.: None
  • Foundation: Concrete Slab
  • Roof: Metal
  • Ceiling Height: 15 - 18 Feet
  • Drive-In Clearance: 12 - 15 Feet
  • Overhead Doors: 6
  • Loading: Ground Level Door(s), Truck Drive-In Door
  • Stories in Building: 1
  • Square Feet: 19,600
  • Office: 4,270 Sq. Ft.
  • Warehouse: 15,540 Sq. Ft.
  • Year Built: 1967

Lot Features

  • Lot Size (Acres): 12.72
  • Lot Dimensions: to be determined
  • Hwy Frontage: 340
  • Public Street: Yes
  • Zoning: Commercial, Gen Commercial, C-2

Water Features

  • Dock Description: None

Financial Considerations

  • Assoc Fee Freq.: 138000
  • County Tax: $6,868
  • Tenant Pays: Cable, Electric, Heat, Insurance, Janitorial, Lawn, Maint/Repair, Snow, Taxes, Trash
  • Tenant Expense: Property Insurance, Property Tax, Utilities

Disclosures and Reports

  • Documents Avail.: Aerial Photos, Copy of Lease(s), Demographics, Environmental Study
  • Legal Description: 7.534 AC 9373 N OCEAN HIGHWAY E OF DELMAR and 5.2 ACRES
  • Disclosures/Rstr.: Existing Leases/Rentals
  • APN: 35
  • Lot: 30-36

Listed by SVN/Miller Commercial Real Estate, Hanna Team

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Schools

Schoolsserving 9373 Ocean Hwy

School District:Wicomico County Public Schools
School Name
Grades
Distance
Delmar Elementary School
811 S 2nd St, Delmar, MD 21875
PK-4
1 mi
Wicomico Middle School
635 E Main St, Salisbury, MD 21804
6-8
6 mi
Wicomico High School
201 Long Ave, Salisbury, MD 21804
9-12
5.9 mi
Disclaimer: School data provided by Pitney Bowes. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.

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Community Info

Community Infofor 9373 Ocean Hwy

Listed by SVN/Miller Commercial Real Estate, Hanna Team

9373 Ocean Hwy, Delmar, MD 21875 (MLS# 511023) is a Commercial property. 9373 Ocean Hwy is currently listed for $1,380,000 and was received on June 21, 2017. Want to learn more about 9373 Ocean Hwy? Do you have questions about finding other Commercial real estate for sale in Delmar? You can browse all Delmar real estate or contact a Coldwell Banker agent to request more information.