$225,000

1309 MARKET ST, Pocomoke City, MD 21851

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1951
  • Property Lot Size Icon10,019sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 23 days ago

Property Description

Pocomoke Market Street Retail Center - Property is comprised of 2 adjoining buildings. A small 216 sq ft retail structure that was a barber shop, and an approximate 7,466 sq ft, 5 unit retail strip center on a 10,000 sq ft lot. One unit (A) is leased as a carry out restaurant for $1100 per month. The lease is month to month but they have been there for some time. Another unit has been leased out to a church for $500 per month. There are three empty units. The roof is in good shape with the exception of the end unit (E) section. This section needs a replacement roof and some interior work. The cost to do this is estimated at $45,000. There is a laundromat user wishing to lease Unit E if the improvements can be done. This property has excellent upside potential. This would be an excellent opportunity for a value add Buyer. Se attached "DESCRIPTION & ANALYSIS OF IMPROVEMENTS" in documents section.

Listing Status:
Pending
Listing Office:
SVN/Miller Commercial Real Estate : 4105432440
Listing Agent:
Chris Peek : 4106039112
MLS ID:
MDWO2031672

This listing courtesy of Chris Peek, SVN/Miller Commercial Real Estate

Monthly Payment

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

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Location

Schools Nearby

P

Pocomoke Elementary School

2119 Pocomoke Beltway, Pocomoke City, MD, 21851

Grades PK-3

0.64 miles away

P

Pocomoke Middle School

800 8th St, Pocomoke City, MD, 21851

Grades 4-8

0.65 miles away

P

Pocomoke High School

1817 Old Virginia Rd, Pocomoke City, MD, 21851

Grades 9-12

0.46 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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