1.08 Acres Lot
1.08 Acres Lot
Key Details
Property Type Commercial
Sub Type Land for Commercial Use
Listing Status Pending
Purchase Type For Sale
MLS Listing ID MDWC2019684
Year Built 1935
Annual Tax Amount $384
Tax Year 2024
Lot Size 1.080 Acres
Acres 1.08
Lot Dimensions 0.00 x 0.00
Property Sub-Type Land for Commercial Use
Source BRIGHT
Property Description
"2302 Allen Dr." - 1,142 SF | Rent = $400 per/month, (Verbal month too month lease) &
"2306. Allen Dr." - 996 SF | Rent = $1,250 per/month, (1 year lease, Expires on 6/30/2026)
This is a Prime opportunity for a residential Flipper or investor looking for some value add, or a commercial user that wants to take advantage of the I-2 Heavy Industrial zoning and or the Location of the Northwood Industrial Park.
We also have the adjacent 2.19 Acre parcel to the west listed with a different owner creating 3.27 Acres, zoned I-2 Heavy Industrial in the Northwood Industrial Park, with no City Taxes.
Per "Maryland Renters' Rights and Stabilization Act of 2024" both tenants have been notified of the sale. One Tenant has exercised their right to make an offer. Their 30 day first right of refusal period ends 9-22-25.
Location
State MD
County Wicomico
Area Wicomico Northwest (23-01)
Zoning I
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling Window Unit(s)
Heat Source Electric
Exterior
Garage Spaces 4.0
Water Access N
Accessibility 2+ Access Exits
Total Parking Spaces 4
Garage N
Building
Sewer On Site Septic
Water Well
New Construction N
Schools
School District Wicomico County Public Schools
Others
Tax ID 2309001212
Ownership Fee Simple
Special Listing Condition Standard
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