Island Plaza Drive, Stevensville, MD
Retail for Sale - $1,897,000 - 3,661 Sq. Ft. on 10.71 acres
Property Info
CIMLS# | 873698 |
Location Island Plaza Drive Stevensville MD 21666 | |
Updated | October 29th, 2016 |
Type | Retail |
Price | $1,897,000 |
Building | 3,661 Sq. Ft. |
Land | 10.71 acres |
Property Description
This highly visible property currently holds two retail/office buildings and two concrete slab foundations for buildings approved but not yet constructed. These commercial buildings are in great shape. The commercial zoning allows for a broad range of commercial uses to include but not limited to office, medical, retail, light industrial and commercial apartments.
There is opportunity to add value through additional development as additional FAR remains for the property.
FAR 0.4. Current zoning - Urban Commercial (UC)
Seller will consider leasing lease in addition to a sale.
Location Description:
This commercially zoned site is located in Historic Stevensville, Maryland. The property sits strategically along the north side of US Route 50/301 where over 79,000 vehicles pass it daily. Historic Main Street (Highway 18) is to the north of the property while and Highway 8 is to the west. The property is easily accessible for westbound U.S. Route 50/301 at Duke Street (exit 38A)
Highlights:
>> Approximately 10.7 total acres
>> Two existing buildings (2,061 SF & 1,600)
>> Two existing foundations in place
>> Utilities and water on site
>> Easy access from westbound US 50/301 from existing exit
>> Over 76,000 average daily traffic county
>> Zoned Urban Commercia l(UC)
>> Plenty of capacity for more square footage
* Email for additional photos
** This property also has spaces available for lease.
Financials
Sales Info:
>> Commision split: 3.0%