Views
Address
1603 W Pulaski Highway, Elkton, MD
Price
$ 1,200,000
Property Attributes
- MLS#MDCC2011280
- TypeCommercial
- CountyCECIL
- CityElkton
- Zip21921
- StyleApartment Building,/General Retail
- Year Built1950
- Taxes$ 4187
- Price$ 1,200,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage6375
- Lot Size0.83 Acres
Data Source:
Bright MLS
Property Description
Welcome to the perfect investment opportunity! This exceptional commercial property offers a unique blend of multiple rental apartments and commercial spaces, making it an ideal choice for savvy investors or aspiring entrepreneurs. Situated on a prime location, this property also comes with an additional parcel of 1.5 acres behind it (Tax ID# 0805038154), providing endless possibilities for expansion or development. With the additional parcel of 1.5 acres, you have the freedom to explore various development opportunities or expand your existing ventures. Whether it's creating additional rental units, constructing new commercial spaces, or implementing your own visionary project, this extra land is a valuable asset that amplifies the potential of this already remarkable property. Located in a highly desirable area right off Rt 40, this commercial property benefits from excellent visibility and accessibility. It enjoys a convenient proximity to major transportation routes, bustling commercial hubs, and a vibrant community, further enhancing its appeal. Future tenants or businesses will appreciate the ample parking space and the potential to establish their presence in a thriving location. Don't miss out on the chance to invest in this exceptional commercial property with 5 apartments, 2 small houses, 1 ice cream shop and 1 commercial space/store frontage and an additional parcel of 1.5 acres for further development. Also, has a billboard available as rental income. Contact us now to schedule a viewing and embark on this exciting journey of realizing your investment goals and expanding your commercial empire in a prime location!
| Price History | |
|---|---|
| 12/7/2023 | Listed $1,200,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Heat Pump(s) |
| Cooling | Central A/C |
| Possession | Settlement,Subject to Existing Lease |
| Roof | Asphalt |
| Zoning | BG |
| Construction Materials | Stucco |
| Year Built | 1950 |
| View | Trees/Woods |
| Property SubType | Five Or More Units |
| Tax Year | 2023 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Electric |
| Business Type | Apartment Building,Other/General Retail |
| Accessibility | None |
| County | CECIL |
| New Construction | No |
| Property Type | Commercial Sale |
| Water Access Y/N | No |
| Property Use | Investment |
| Status | ACTIVE |
| Directions | GPS |
| ModificationTimestamp | 2024-04-12T16:13:02 |
| City | ELKTON |
| Buyer Agent Compensation | 2.5 |
| Total Units | 5 |
| Lot Size Square Feet | 36067.00 |
| Tax Assessed Value | 373700.0 |
| Waterfront Y/N | No |
| Street Name | PULASKI |
| Tax Annual Amount | 4187.0 |
| Property Condition | Good |
| Price Per Sq Ft | 202.5 |
| Lease Considered Y/N | No |
| Vacation Rental Y/N | No |
| Days on Market | 133 |
| Standard Status | Active |
| Year Built Source | Assessor |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Heating Fuel | Electric |
|---|---|
| Hot Water | Electric |
| Heating Y/N | Yes |
| Street Suffix | HIGHWAY |
| Central Air Y/N | Yes |
Exterior Features
| Lot Features | Additional Lot(s) |
|---|---|
| Water Source | Well |
| Total Parking Spaces | 13 |
| Type of Parking | Parking Lot |
| Land Use Code | C |
| Water View Y/N | No |
| Building Area Total | 5926.00 |
| Lot Size Acres | 0.83 |
| Lot Size Units | Square Feet |
| Lot Size Source | Assessor |
| Land Assessed Value | 177500.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| Car Parking Spaces | 10 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 21921
Price
Taxes
Visits
Year Built
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