10720 Ocean Gateway,
Berlin,Maryland MD21811-3536
This commercial property is Zoned C-2 located on the highly trafficked east bound side of Route 50 with signage in 2 places along the highway. This 1.95 acres lot consists of 2 buildings surrounded by 6 ft. fencing with 4 gated entry/exit gates which are locked after business hours for added security. The first building (10714 Ocean Gateway) totals 4600 sq, ft. +/- that features glass front windows and entryway leading into the finished retail space and a warehouse/shop in the rear of the building. The warehouse/shop has a private entrance, office space and 4 roll up doors. The second building (10720 Ocean Gateway) is a masonry building totaling 4125 sg. ft. +/- divided into 2 separate spaces each with roll up doors. This property has been annexed into the town of Berlin allowing for connection to municipal water and sewer. 1 EDU is allotted for purchase however, more are available. Currently, each unit is leased.
1990
8,765Price$790,000$310K
Listing IDMDWO2013758
CountyWorcester
Price/SqFt$90.13
StatusACTIVE
SqFt
8,765
Acres
1.950
Year Built1990
Property TypeCommercial Sale
Property Sub TypeRetail
Building Total SqFt Source
Assessor
Central Air
yes
Cooling Type
Central A/C
Flooring Type
Concrete
Heating
yes
Heating Type
Other, Forced Air
Building Units Total
2
Car Parking Spaces
50
Construction Materials
Block
Cooling Fuel
Electric
Electric Service
200+ Amp Service
Fencing
Y
Foundation Details
Slab
Heating Fuel
Propane - Leased
Hot Water
Electric
Lot Dimensions Source
Assessor
Lot Size Dimensions
0.00 x 0.00
Lot Size Source
Estimated
Lot Size Units
Square Feet
New Construction
no
Parking Features
Fenced, Private
Roof
Architectural Shingle
Sewer Septic
On Site Septic, Public Hook/Up Avail
Tidal Water
no
Total Drive In Doors
6
Total Garage and Parking Spaces
60
Truck/Trailer Parking Spaces
10
Type of Parking
Parking Lot
Utilities
Electric Available, Propane, Sewer Available, Water Available
Water Access
no
Water Oriented
no
Water Source
Well, Public Hook-up Available
Water View
no
Country
US
In City Limits
yes
Location Type
Highway
MLS Area
Worcester East of Rt-113
Municipality
Berlin
Waterfront
no
Accessibility Features
Other
Business Type
Auto Related
Days on Market
95
Historic
no
Land Use Code
C
Municipal Trash
no
Potential Tenancy
Multiple
Property Condition
Average
Property Manager
N
Property Use
Investment
Year Assessed
2023
Year Built Source
Assessor
Acceptable Financing
Cash, Bank Portfolio, Private
Association Recreation Fee
N
Automatically Update Tax Values
yes
Ground Rent Exists
no
Net SqFt
8125
Ownership Interest
Fee Simple
Possession
Settlement
Riparian Rights
no
Sale Type
Standard
Tax Annual Amount
9932
Tax Assessed Value
665267
Tax Data Updated
no
Tax Opportunity Zone
N
Tax Year
2023
Vacation Rental
no
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Listing courtesy of Meredith Fine Properties (410) 822-6272
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