Federalsburg, MD 21632,1700 INDUSTRIAL PARK RD
Federalsburg, MD 21632,1700 INDUSTRIAL PARK RD
Federalsburg, MD 21632,1700 INDUSTRIAL PARK RD
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Listed by Florence Brotzman • SVN/Miller Commercial Real Estate
$4,200,000
Est. payment /mo
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46,600 SqFt
New

1700 INDUSTRIAL PARK RD Federalsburg, MD 21632

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Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 46,600 sqft

Price per Sqft $90

MLS Listing ID MDCM2005806

Year Built 1981

Annual Tax Amount $33,621

Tax Year 2024

Lot Size 5.580 Acres

Acres 5.58

Property Sub-Type Industrial

Source BRIGHT

Property Description

NN Lease Industrial Investment Property. 3 Years remaining but tenant does have option for early termination. Current rent is $306,349. Tenant is responsible for taxes, insurance and utilities. Opportunity Zone. Cannabis cultivation may be permitted in this location.

49,813 sq.ft. manufacturing facility on 5.586 acres. 5 docks (8 x 8) and 1 drive-in door (8 x 8). 3 Phase Electric capacity 480 - steps down to 280. Manufacturing facility is heated with propane hanging heaters. 6" water line. Electrical drops and compressed air lines throughout the production/manufacturing area. Column spacing of of 50' across and 20' depth. 18' ceiling height.
2,000 sq.ft. of 2nd floor office space overlooking the production area with new a/c, new heat pump and new duct work. Offers conference room, executive offices, private offices and restrooms.
Approx 40 parking spaces plus 15 trailer spaces.
5+ acre site offers room for expansion. The Federalsburg Industrial Park is located 1 mile from downtown Federalsburg on MD Route 313. The park is equipped with electricity, water, sewer, broadband access and offers paved roads and fire and police protection. The Maryland & Delaware Railroad line borders the park. The park is located near several ports: Baltimore 80 miles, Philadelphia 124 miles, Norfolk 170 miles and New York 207 miles.

- NN Leased Industrial Investment - Federalsburg Industrial Park
- 3 years remaining (tenant has option for early termination)
- Currently in year 2 with $306,349 in rent
- Opportunity Zone - Federalsburg Industrial Park - Potential for cannabis use.
- 49,813 sq.ft. industrial facility on 5.586 acres
- 5 Docks - 1 Drive-in Door

Location

State MD

County Caroline

Zoning ID2

Interior

Hot Water Electric

Heating Heat Pump(s)

Cooling Zoned

Flooring Concrete

Heat Source Electric

Exterior

Garage Spaces 70.0

Water Access N

Roof Type Metal

Street Surface Black Top

Accessibility None

Road Frontage City/County

Total Parking Spaces 70

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Caroline County Public Schools

Others

Tax ID 0605026652

Ownership Fee Simple

SqFt Source Assessor

Security Features Fire Detection System,Security System,Smoke Detector

Special Listing Condition Standard


Bright MLS (BMLS)

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agent

Luis Morales

Real Estate Professional | License ID: 2297255

+1(973) 207-3212

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1700 INDUSTRIAL PARK RD