$3,495,000

121 RENTAL LANE, Grasonville, MD 21638

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1997
  • Property Lot Size Icon5.41acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

Prime commercial opportunity available just off Route 50 with easy access. This high-visibility location offers exceptional exposure to heavy traffic, making it perfect for businesses looking to attract attention. Close proximity to the Chesapeake Bay Bridge, with prominent digital signage visible to approximately 74,000+ cars per day. Zoning: The property 5.41 acres is zoned Urban Commercial (UC). Zoning offers broad uses for the property, including most retail and light industrial. Tenancy: The site is leased to 2 tenants that utilize the buildings and open-air storage. There is additional rental income for parking utilized by the neighbor (Rental Works). There is a vacant portion of the site that has rental income potential (Discussed in previous years as a cell tower base). Improvements: The larger building is 130' x 60' which includes a 30' x 60' office area, a 30' x 60' storage area and a 70' x 60' shop area which totals 7,800+/- SF. The smaller building is 80' x 50' on the first floor and 50' x 20' 5" on the second floor for offices which totals 5,025+/-SF. Therefore, the total is 15,600 sq ft. Both buildings are steel and have mezzanine levels which makes the usable square footage more than the footprint. Utilities: The property is served by public sewer, and the water is provided by a well. Heat is a mixture of oil furnaces running both industrial heaters and heated flooring in the warehouse areas. The office and retail areas are served by HVAC systems. Check with Queen Anne s County planning and zoning for permitted uses. Great opportunity. Call today for showing!

Listing Status:
Active
Date Added:
April 2, 2025 at 05:00AM
Listing Office:
Taylor Properties : 3019702447
Listing Agent:
Lona Sue Todd : 4103100222
MLS ID:
MDQA2012514
  • A/C: Other
  • Heating: YHot WaterOilOther
  • Disability Feature: None

This listing courtesy of Lona Sue Todd, Taylor Properties

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

G

Grasonville Elementary School

5435 Main St, Grasonville, MD, 21638

Grades PK-5

0.71 miles away

S

Stevensville Middle School

610 Main St, Stevensville, MD, 21666

Grades 6-8

5.85 miles away

K

Kent Island High School

900 Love Point Rd, Stevensville, MD, 21666

Grades 9-12

6.14 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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