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314 Franklin Avenue , #301

BERLIN, MD 21811
  • $599,000
  • STATUS: Active
  • ON SITE: 12 Days
  • ID#: MDWO2000203
UPDATED: 28 min ago
$599,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1997
County:

School Ratings & Info

Description

Beautifully maintained office facility in the the Franklin Avenue Medical Center in Berlin. Md. Offers 2 entrances and waiting areas, multiple exam rooms, laboratory rooms, offices and restrooms. Private rear entrance and nice outside employee area. Very attractive center located in the Coolest Small Town in America. Ready to go space could easily be converted to professional office space. Located in an Opportunity zone, which cold provide tax benefits and incentives. Very close to Atlantic General Hospital. Currently under NNN lease providing $71,089 annual income. Lease expiration 10/31/2022.Very attractive facility in established professional parkBrick Structure3,398 sq.ft. with flexibility for medical or professional useCurrent income $71,089 - leased through 10/31/2022

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©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Loft Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-10-25T18:52:05.917.
www.loftrealtyde.com/homes/122302116
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314 Franklin Avenue , #301 BERLIN, MD 21811

  • Price: $599,000
  • Status: Active
  • Updated: 28 min ago
  • ID#: MDWO2000203
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1997
Built
Neighborhood:
Worcester East Of Rt-113
County:
Worcester
Area:
Worcester East Of Rt-113
School District:
Worcester County Public Schools
Property Description
Beautifully maintained office facility in the the Franklin Avenue Medical Center in Berlin. Md. Offers 2 entrances and waiting areas, multiple exam rooms, laboratory rooms, offices and restrooms. Private rear entrance and nice outside employee area. Very attractive center located in the Coolest Small Town in America. Ready to go space could easily be converted to professional office space. Located in an Opportunity zone, which cold provide tax benefits and incentives. Very close to Atlantic General Hospital. Currently under NNN lease providing $71,089 annual income. Lease expiration 10/31/2022.Very attractive facility in established professional parkBrick Structure3,398 sq.ft. with flexibility for medical or professional useCurrent income $71,089 - leased through 10/31/2022
Exterior Features

Construction Materials Brick Garage YN No Parking Features Handicap ParkingLighted ParkingPaved Parking Parking Types Parking Lot Property Condition Very Good Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 0.00 Cooling Heat Pump(S) Heating Heat Pump(S) Heating YN Yes Net Square Feet 3398.00

Property Features

Accessibility Features Level Entry - Main Assessment Year 2021 Business Type MedicalProfessional Central Air YN No Cooling Fuel Electric Heating Fuel Electric Hot Water Electric Lease Considered YN No Municipality Berlin Navigable Water YN N Net Operating Income 71089.00 New Construction YN No Number Of Units Total 0 Original MLSNumber 800777078849 Ownership Interest Fee Simple Possession SettlementSubject To Existing Lease Property Sub Type Office Sale Type Standard Sewer Public Sewer Tax Annual Amount 9032.00 Tax Assessment Amount 509700.00 Tax Lot 301 Vacation Rental YN No Water Source Public Zoning Commercial Zoning Description General Commercial

Listing courtesy of Svn/Miller Commercial Real Estate.


©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Loft Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-10-25T18:52:05.917.
 
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