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Sold for $280,000 on 11/06/24
  • $280,000

    0 Racetrack Rd, Berlin, MD 21811

    --beds
    --baths
    1Acres
    Unimproved Land
    Built in ----
    1 Acres Lot
    $-- Zestimate®
    $--/sqft
    $1,510 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,510/mo

    Zestimate® history
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    What's special

    Calling all investors, small business owners and entrepreneurs! This C-2 Zoned Commercial Property on Route 589, just outside of Ocean Pines, has tremendous potential to generate consistent revenue for its new owner. With 220’ of road frontage, high traffic count and direct access to busy Route 589, the opportunities are endless. It’s a great opportunity in a high-volume, growing area along Route 589. C2 zoning allows for a number of different commercial applications including hotel/motel, retail, restaurants, fast food, doctor offices, storage, contractor shops, etc. Proposed drawing can help you visualize what is possible - 4,000+ sq. ft. building with 17 parking spots. Includes storm water management. Really, the only limit is your imagination. Hop on the wave of growth this area is experiencing. 70% owner financing is available. Perk test is on file with the county.

    Zillow last checked: 8 hours ago

    Listing updated: November 06, 2024 at 07:02am

    Listed by:

    Spike Sands 443-235-0489,

    Berkshire Hathaway HomeServices PenFed Realty - OP

    Bought with:

    Ed Balcerzak JR., 507444

    Berkshire Hathaway HomeServices PenFed Realty-WOC

    Source: Bright MLS,MLS#: MDWO2013840MLS Logo

    Facts & features

    Property

    Features
    • Frontage length: Road Frontage: 220
    Lot
    • Size: 1 Acres
    Details
    • Parcel number: 2403010929
    • Zoning: C2
    • Zoning description: Commercial
    • Special conditions: Standard

    Utilities & green energy

    • Sewer: No Septic System
    • Water: None

    Community & neighborhood

    Location
    • Region: Berlin

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    11/6/2024Sold$280,000-29.8%
    Source: Bright MLS #MDWO2013840
    11/2/2024Pending sale$399,000
    Source: Bright MLS #MDWO2013840
    9/26/2024Contingent$399,000
    Source: Bright MLS #MDWO2013840
    9/5/2023Price change$399,000-18.6%
    Source: Bright MLS #MDWO2013840
    8/16/2023Price change$490,000-9.2%
    Source: Bright MLS #MDWO2013840

    Public tax history

    Tax history is unavailable.

    Neighborhood: 21811

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Worcester County Public Schools

    Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.