Princess Anne, MD 21853,11680 SOMERSET AVE
Princess Anne, MD 21853,11680 SOMERSET AVE
Princess Anne, MD 21853,11680 SOMERSET AVE
Listed by Andrew Ball • SVN/Miller Commercial Real Estate
Bought with JOHN TIMMONS • Keller Williams Realty
$1,495,000
Est. payment /mo
$1,495,000
Est.Price: ?

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0.63 Acres Lot
SOLD DATE : 01/31/2023

Key Details

Sold Price $1,495,000

Property Type Commercial

Sub Type Office

Listing Status Sold

Purchase Type For Sale

MLS Listing ID MDSO103964

Sold Date 01/31/23

HOA Y/N N

Year Built 1987

Annual Tax Amount $5,588

Tax Year 2021

Lot Size 0.632 Acres

Acres 0.63

Lot Dimensions 0.00 x 0.00

Property Sub-Type Office

Source BRIGHT

Property Description

6 unit Investment property 89.08% leased (5 out of 6 units leased) $114,000 current gross income with 1 vacancy. $128,354 with 1200 SF vacancy filled at $12 SF 3 out of 6 tenants are long term government contracts Center is in Great condition with no deferred maintenance Easy to self manage

Location

State MD

County Somerset

Area Somerset West Of Rt-13 (20-01)

Zoning C-1

Interior

Hot Water Other

Heating Other

Cooling Other

Heat Source Other

Exterior

Garage Spaces 67.0

Water Access N

Accessibility Other

Total Parking Spaces 67

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Somerset County Public Schools

Others

Tax ID 01-009702

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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