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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Owner options
Explore your selling options
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#: MDWO2013840
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
| Date | Event | Price |
|---|---|---|
| 11/6/2024 | Sold | $280,000-29.8% |
Source: | ||
| 11/2/2024 | Pending sale | $399,000 |
Source: | ||
| 9/26/2024 | Contingent | $399,000 |
Source: | ||
| 9/5/2023 | Price change | $399,000-18.6% |
Source: | ||
| 8/16/2023 | Price change | $490,000-9.2% |
Source: | ||
Public tax history
Tax history is unavailable.
Neighborhood: 21811
Nearby schools
GreatSchools rating
- 8/10Showell Elementary SchoolGrades: PK-4Distance: 2.3 mi
- 10/10Stephen Decatur Middle SchoolGrades: 7-8Distance: 2.1 mi
- 7/10Stephen Decatur High SchoolGrades: 9-12Distance: 1.9 mi
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.