Real Estate Properties


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MLS Number: MDWO119640
Five Or More Units
12708 OCEAN GATEWAY HIGHWAY, OCEAN CITY, MD

0 Bedrooms, 0 Baths, 0 Half Baths

New Hotel in 2019-83 units in West Ocean City, 24 are suite units. Indoor Pool and fitness center, business center, digital keys, two miles from the Ocean City Boardwalk, 5 miles from the Ocean Downs Casino, across the street from the Ocean City Outlets & Restaurants. 9 miles from Assateague Island Federal & State Parks. No franchise improvements needed.
Priced to sell: $17,400,000


MLS Number: MDWC108374
Five Or More Units
Cedar Crossing - 101 CEDAR CROSSING ROAD, SALISBURY, MD

0 Bedrooms, 0 Baths, 0 Half Baths

Rinnier Development is proud to offer the student housing portfolio of Cedar Crossing for sale. All units are walking distance to the Salisbury University campus and across the street from the football stadium and other sports fields. Current rental rates are lower than most competitors and there is space for amenities to be added.The portfolio (6.03% CAP rate) consists of 58 individual units with 228 bedrooms that were all built new in 1999 - wood frame construction with vinyl siding, asphalt shingles, vinyl wood, carpet and vinyl tile flooring throughout. Kitchens are complete with refrigerator, dishwasher and stove; laminate and cultured marble tops in kitchens and bathrooms. All units have washer
Priced to sell: $11,250,000


MLS Number: 1005646421
Other
2367 BAY ROAD, MILFORD, DE

0 Bedrooms, 0 Baths, 0 Half Baths

D-8850 Development Potential with Highway access to Rt. 1. Close proximity to the Kent County Regional Sports Complex. Many development possibilities such as shopping centers, outpads, Hotel, Movie Theater. Soon to be the fastest growing area in Kent County with the opening of the Sports Complex (The Turf) All Utilities available
Priced to sell: $6,000,000


MLS Number: MDDO126252
Industrial
OCEAN GATEWAY, LINKWOOD, MD

0 Bedrooms, 0 Baths, 0 Half Baths

Route 50 - 58.20 +/- acres consisting of 5 parcels zoned Commercial and Heavy Industrial. Corner location. Existing office and some additional buildings.
Priced to sell: $5,000,000


MLS Number: 1001560128
Industrial
2305 NORTHWOOD DRIVE, SALISBURY, MD

0 Bedrooms, 0 Baths, 0 Half Baths

OPPORTUNITY ZONE! 144,492 sq.ft. manufacturing facility for sale at $4,500,000 or lease at $4.00 per sq.ft. 20' - 27' ceiling heights. 2 overhead cranes with 2 - 5 ton hoists w/ remote control / 4 electric 3 ton hoists, 8 - 2.5 ton hoists on JIB cranes. 3 phase electric 600V 2000 amps. Security fencing. 20 +/- acres. Drive-in doors and warehouse loading doors. 265+ parking spaces. 1800 sq.ft. office space. Large employee lounge. Add'l 15,000 sq.ft. warehouse with 5 - 20' drive-in doors. The sale is subject to existing leases.
Priced to sell: $4,500,000


MLS Number: MDWO120468
Land for Commercial Use
OCEAN HIGHWAY, BERLIN, MD

0 Bedrooms, 0 Baths, 0 Half Baths

29.68 +/- acres of build-to-suit commercial land available FOR SALE or GROUND LEASE. Improved site offers excellent exposure and is located on the corner of US Route 50 & MD 818, right off of US Route 113 in Berlin, Maryland. Minutes from Ocean City and Assateague Island National Seashore. Berlin offers visitors a variety of shopping and dining experiences and was named one of America's Best Small Towns for shopping by USA Today in 2020. MAP 0025, GRID 0002, 0003, PARCELS 0004, 0460, 0145, 0461. Corner portion (PARCELS 0460, 0145, 0461) of subject property is also part of a +/- 5.52 acre offering actively listed FOR SALE or GROUND LEASE (MDWO120470).
Priced to sell: $4,452,000


MLS Number: MDDO126614
Office
627 RACE STREET, CAMBRIDGE, MD

0 Bedrooms, 0 Baths, 0 Half Baths

CPG Realty, LLC (“CPG”), as exclusive representative to the Seller, is pleased to offer for sale or for lease 627 Race Street, Cambridge MD (the “Property”). The Property is improved with a 3 story, all brick, Class ’C’ office building, formerly occupied by the Maryland Department of Human Services and located at the corner of Race and Cedar Streets. The gross building area is 41,436 sf, with each floor being approximately 13,812 sf, and sits on a 1.47 acre corner lot with 108 asphalt surface parking spaces. The Property is well maintained and appears to have adequate HVAC, plumbing, electrical and lighting. There are no signs of deferred maintenance. The Property is within a Qualified Opportunity Zone.
Priced to sell: $4,000,000


MLS Number: MDWC108376
Five Or More Units
Cedar Commons - 302 CEDAR CROSSING ROAD, SALISBURY, MD

0 Bedrooms, 0 Baths, 0 Half Baths

Rinnier Development is proud to bring the student housing portfolio of Cedar Commons for sale. 22 units with 80 bedrooms all within walking distance to Salisbury University. This is portfolio sale for all properties, addresses include: 302-330 Cedar Crossing Road230 Lakewood Drive227-229 Brown Street821 Johnson RoadPlease call for more information on this existing, turn-key student housing opportunity with a CAP rate of 7.79%
Priced to sell: $3,750,000


MLS Number: 1001558698
Services
207 N BALTIMORE AVENUE, OCEAN CITY, MD

0 Bedrooms, 0 Baths, 0 Half Baths

Unique opportunity to own a 36 room boutique motel in downtown Ocean City! Plenty of offstreet parking and an existing office on premises.Just one block from the beach and the World Famous Ocean City Boardwalk. Nestled between 2nd and 3rd streets, you are steps from the optimal Ocean City experience in every direction! Dining, entertainment, amusement parks, shopping and of course the Atlantic Ocean! Call listing agent for more details and listing agent must accompany all showings. Take advantage of the tax breaks this property has as it is located in The Opportunity Zone District.
Priced to sell: $3,600,000


MLS Number: DESU169774
Retail
18541 S MAIN STREET, BRIDGEVILLE, DE

0 Bedrooms, 0 Baths, 0 Half Baths

Brand New proposed 40,000 SF (approx.) retail center in Bridgeville, DE. Now leasing units and or selling pad sites. Property is approximately 6.29 +/- acres, located directly between Route 13 and 404, with direct access from both thoroughfares. The route 13 and 404 intersection is the direct route from the Bay Bridge to the DE Beach Resorts. There are deal options available for this site, including build to suit, purchase or ground lease. Site Plan includes: A 21,000 SF strip center with a 3,000 SF unit proposed drive thru, pad site with 5,000 SF freestanding building, pad site with two 2,500 SF unit with drive through’s and an additional pad site with 5,000 SF building. Site plan can be modified to accommodate. 360+/- units residential units to be built directly across the street from the site on 404. Property is located near major golf and retirement community Heritage Shores and adjacent to Wawa and Walgreens. All utilities on site.
Priced to sell: $3,500,000

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