11680 SOMERSET AVE

PRINCESS ANNE, MD

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11680 SOMERSET AVE

PRINCESS ANNE, MD

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11680 SOMERSET AVE


PRINCESS ANNE, MD

Offered At $1,500,000

Fantastic opportunity to own, invest, and profit with high credit state and county tenants and strong Net Operating Income. This profitable 9,592 SF professional office building in downtown Princess Anne is leased to long term stable tenants including The State of Maryland Health Department, USPS, among others. A recent buildout for a parole office, as well as 1,400 feet of parking lot is leased to USPS for a renewed 15 year period. A robust downtown exposure, local health facilities, shopping, library, schools and the County Circuit Court are nearby. This convenient location also provides high visibility and easy access to Route 13. Salisbury Airport is close by, and NSA’s future launch site at Wallop’s Island Flight Facility is just 30 minutes away. Reach Washington, DC easily in 30 minutes as well by air, and 3-hours by car. Public transport infrastructure including the Wilshire Transit/Subway further broadens opportunities for doing business from Princess Anne with national, international and government markets. HIGHLIGHTS & AMENITIES : • High credit tenants • Long term leases • State and County Tenants • Abundant Parking • Courtyard • Exterior Lighting • Convenient Location • Minutes from Wilshire Rail
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PRINCESS ANNE, MD
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Home Information

  • MLS#

    MDSO102790

  • Bedrooms

    0

  • Full Baths

    0

  • Half Baths

    0

  • Levels

    1

  • Fireplaces

    0

  • Basement

  • Garage Spaces

    0

  • Style

  • Type

  • Year Built

    1987

  • Age

    33

  • Subdivision

  • County

    SOMERSET

  • Total Est Taxes

    $10,244

  • R.E. Tax Year

    2020

  • Home SQ FT

    0

  • Lot Size

    0.63

  • Exterior Const

    Aluminum Siding

  • Heat System

    Radiant

  • Cool System

    Central A/C

  • Water

    Public

  • Sewer/Septic

    Public Sewer

  • Heat Fuel

    Electric

  • Hot Water

    Electric

  • Cool Fuel

    Electric