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$399,000   Price Analysis
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Racetrack Rd
Berlin, MD 21811
Unknown bed 0 bath unknown SqFt ($0/SqFt)
1.0 acre lot.
Listed 2023-05-06
Ⓧ USDA Ineligible
due to property

near Berlin

Calling all investors

Small business owne rs nd entrepreneurs! This C-2 Zoned Commercial Property on Route 589, 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. Its a exceptional 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 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.


Presented by Spike Sands at
Berkshire Hathaway Homeservices Penfed Realty - Op.
Listing Agent Photo

Property MLS #MDWO2013840 from BrightMLS

Lot Size Acres: 1.0
Lot Size Square Feet: 43560

Association: No
Calculated Total Monthly Association Fees: 0

School District: WORCESTER COUNTY PUBLIC SCHOOLS

Stephen Decatur High School is a public high school located approximately 1.8 miles away.
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Stephen Decatur Middle School is a public middle school located approximately 2 miles away.
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Showell Elementary School is a public elementary school located approximately 2.3 miles away.
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Most Blessed Sacrament Catholic School is a private elementary and middle school located approximately 2.1 miles away.
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Annual Tax Amount: 1555.0
Source Listing Status: Active
County: WORCESTER
Current Use: Commercial
Ownership: Fee Simple
Source Property Type: Land
Area: WORCESTER
Source Neighborhood: WORCESTER
Property Subtype: Land
Source System Name: C2C

Price Changed 2023-09-05
$399,000
BrightMLS
Price Changed 2023-08-16
$490,000
BrightMLS
Listed 2023-05-06
$539,900
BrightMLS
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.