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$1,100,000 Just Listed

  • For Sale
  • Active
  • Warehouse
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EXTREMELY RARE OPPORTUNITY AVAILABLE - State-Licensed Marine & Coral Aquaculture Facility - 26 Years Established - making this a true "once-in-a-generation" chance for the right buyer, investor, or industry operator. -This fully turnkey business and real estate package in a strategic location off Ocean Gateway (high-traffic corridor with excellent visibility and access) -The 3500 sq ft facility specializes in sustainable propagation of marine corals, with established wholesale/retail channels, plus expansion in tank sales, maintenance services, and more. -Established Track Record: 26 years of successful operations - loyal customer base, proven systems, and industry reputation for quality aqua cultured corals and marine livestock. -State-Licensed & Compliant: Fully permitted aquaculture/mariculture operation in Maryland with all relevant state regs for marine species propagation - ready for seamless transition. -Turnkey Ready: All equipment, tanks, raceways, lighting (LED/Metal Halide/T5/natural), filtration, livestock inventory, supplier relationships, and operational know-how included. No startup headaches - step in and grow immediately. -Growth Potential: Significant upside in: Wholesale expansion (supply to pet stores, online vendors, public aquariums, LFS across the Mid-Atlantic/DC region) Retail (on-site or e-commerce sales of corals, frags, inverts, fish) Tank sales & installation Maintenance/service contracts (residential/commercial aquariums, reef setups) Broader marine/aquarium services amid rising demand for sustainable, aquaculture products (reef conservation trends + Northern Virginia's affluent hobbyist market near DC/MD/DE/PA/NJ) Prime Location: Strategically positioned off Ocean Gateway for high visibility and logistics - easy access to major routes, growing population centers, and proximity to aquarium enthusiasts in Northern Virginia, Maryland, PA, DE, NJ and beyond. Leading 26-year online presence making this aquaculture facility a "Reef Icon" in the industry. Call and schedule a private tour today!

Full Property Details for 107 School St

General

  • Price: $1,100,000
  • Taxes: $1,774 (2025)
  • Status: Active
  • Type: Warehouse
  • Source: BrightMLSMidAtlantic
  • MLS ID: MDWC2021108
  • Updated: 1/24/2026
  • Added to Site: 5 day(s) ago

Business

  • Business Type: Other/General Retail, Manufacturing, Warehouse, Other

Interior

  • Flooring: Heavy Duty

Rooms

Bathrooms

  • Restrooms: 1

Additional Information

  • Security/Safety: Exterior Cameras, Electric Alarm, Fire Detection System, Main Entrance Lock, Security System

Parking

  • Total Spaces: 12
  • Parking Type: Parking Lot

Location

  • Area: Wicomico Northeast (23-02)
  • Municipality: Mardela
  • County: WICOMICO
  • Cross Streets: School St
  • Driving Directions: Follow I-495 N to US-50 E/Ocean Gateway in Queen Anne's County. Take the US-50 E exit from US-50 E 1 hr 10 min (68.0 mi) Merge onto 495 Express Lanes/Capital Beltway Inner Lp/Interstate 495 High Occupancy Toll road 3.3 mi 495 Express Lanes/Capital Beltway Inner Lp/Interstate 495 High Occupancy Toll turns slightly left and becomes I-495 N/Capital Beltway Inner Lp Entering Maryland 3.9 mi Use the right 3 lanes to turn slightly right to stay on I-495 N 19.4 mi Use the right 2 lanes to merge onto US-50 E Toll road 41.2 mi Use the right 2 lanes to take the US-50 E exit toward Ocean City 0.2 mi Follow Ocean Gateway to Armstrong St in Mardela Springs Turn right onto Spring Grove Rd 0.2 mi Turn left onto Main St 492 ft Turn right onto Bridge St 0.1 mi Turn left onto School St 272 ft Turn left onto Armstrong St
  • City Limits: Yes

School Information

  • Elementary School: Northwestern
  • Middle School: Mardela Middle & High School
  • High School: Mardela Middle & High School

Heating & Cooling

  • Cooling Type: Geothermal
  • Cooling Fuel: Geothermal
  • Heating Type: Heat Pump(s)
  • Heating Fuel: Geo-thermal
  • Water Heater: Other

Utilities

  • Sewer: Private Septic Tank
  • Water: Private

Structural Information

  • Construction: Stucco
  • Foundation: None
  • Roof: Asphalt
  • Ceiling Height: 10' to 12'
  • Doors: Double Entry
  • Drive-In Doors: 1
  • # Loading Docks: 1
  • Entry Floor Number: 1
  • Stories/Levels: 1
  • Building Size: 3500
  • Year Built: 1985
  • Year Built Source: Assessor
  • Property Condition: Excellent

Unit Information

  • # Tenants: Single

Lot Features

  • Lot Size (Acres): 0.84
  • Lot Size (Sq. Ft.): 36,558
  • Lot Size Source: Assessor
  • Zoning: ARR

Green Features

  • Indoor Air Quality: Moisture Control, Ventilation

Financial Considerations

  • Price Per Sq. Ft.: $314.29
  • Assessment Year: 2025
  • City/TownTax: $354
  • City/TownTax Freq: Annually
  • County Tax: $1,247
  • County Tax Freq: Annually
  • Tax w/Assessment: $154,000
  • Tax Amount: $1,774
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple

Listed by Ikon Realty, Jesse Francisco Vaquerano

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Listing agent

— 107 School St —

  • Jesse Francisco Vaquerano

    Ikon Realty

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Be ready to buy your new home!

with our affiliated lender
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 107 School St

School District:Wicomico County Public Schools
NameGradesDistance
Northwestern Elementary School
9975 Sharptown Road, Mardela Springs, MD 21837
PK-50.8 mi
Mardela Middle & High School
24940 Delmar Road, Mardela Springs, MD 21837
6-120.7 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 107 School St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/22/2026
Listed
$1,100,000
1073.33%
MLS
4/03/2003
Sold
$93,750
—
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 107 School St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,529
—
$154,000
1%
2024
$1,529
1%
$153,200
1%
2023
$1,520
-2%
$152,400
—
2022
$1,553
-3%
$152,400
—
2019
$1,602
-6%
$152,400
-4%
2021
$1,702
2%
$159,200
4%
2020
$1,662
3%
$153,100
4%
2019
$1,606
4%
$147,000
4%
2018
$1,542
-1%
$140,900
—
2017
$1,559
—
$140,900
—
2016
$1,559
-2%
$140,900
-2%
2015
$1,584
4%
$143,300
—
2014
$1,523
—
$143,300
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Ikon Realty, Jesse Francisco Vaquerano

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107 School Street, Mardela Springs, MD 21837 (MLS# MDWC2021108) is a Warehouse property. 107 School Street is currently listed for $1,100,000 and was received on January 22, 2026. Want to learn more about 107 School Street? Do you have questions about finding other Warehouse real estate for sale in Mardela Springs? You can browse all Mardela Springs real estate or contact a Coldwell Banker agent to request more information.

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