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: MDWC112748
Mixed Use
4943 SNOW HILL ROAD, SALISBURY, MD

0 Bedrooms, 0 Baths, 0 Half Baths

+/- 125.79 acres comprising parcels 746, 546, and 582 fronting Snow Hill Road and just East of the Salisbury bypass exit. Less than five miles to the Salisbury Regional Airport and adjacent to one of the Eastern Shore's preeminent golf course communities. One of the largest development tracts available in the area. Situated just outside of Salisbury municipal services in a designated “Town Transition District” this property is prime for development.
Priced to sell: $5,999,000


MLS Number: MDWC112350
Office
2324 N ZION DRIVE, SALISBURY, MD

0 Bedrooms, 0 Baths, 0 Half Baths

100% net leased investment property - Northwood Professional Center. Build in 2019 offering high quality construction and professional landscaping. Consists of 3 buildings totaling 25,207 sq.ft. on 2.61 acres of land. The property contains a total of 16 units. Building B offers 12' bay doors and Building C units offer 10' bay doors. First class finished office spaces with drywall, acoustical tile ceilings and ceramic tile and LVT flooring. All units are currently under new 5 years leases. Very attractive complex located just minutes from US Route 13 & US Route 50 bypass near shopping, restaurants and services. Property is situated in the Northwood Industrial Park which has access to all municipal services and is home to over 40 manufacturers. Located in an Enterprise Zone offering a 10 year local property tax credit to the owner. The amount of the tax credit is 80% for each of the first five years starting July 2020. In years 6-10 the credit decreases 10% annually.
Priced to sell: $5,300,000


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: DESU180720
Land for Commercial Use
0 E ROUTE 13 , SEAFORD, DE

0 Bedrooms, 0 Baths, 0 Half Baths

Excellent development opportunity! Wide-ranging C-2 zoning allows for a multitude of uses. Easy access to water and sewer. Seller will consider subdividing.
Priced to sell: $4,300,000


MLS Number: MDWO121748
Mixed Use
1601 PHILADELPHIA AVENUE, OCEAN CITY, MD

0 Bedrooms, 0 Baths, 0 Half Baths

HUGE PRICE REDUCTION - just reduced $300,000. This is an incredible investment opportunity to help your buyer acquire a property with a 7.2% return. Located in downtown Ocean City, this is a mainstay of the town. The front three units are triple net.
Priced to sell: $3,650,000

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