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0 Racetrack Road Berlin, MD $ 399,000
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$ 399,000 Get more info
0 Racetrack Road
$ 399,000
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Share Save

0 Racetrack Road

Berlin, MD, 21811
$ 399,000
Baths0.0

Monthly Estimate*

$ 2,652

0 Racetrack Road, Berlin, MD 21811 - Image 1
0 Racetrack Road, Berlin, MD 21811 - Image 2
0 Racetrack Road, Berlin, MD 21811 - Image 3
Studio

Lots and Land for sale in Berlin, MD

for $399,000. The lot size is 1.

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. Its 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.

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Lots and Land Active

Price

$ 399,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 1,555

Style

Commercial

Lot Size

1

Town/City

Berlin

County/Region

Worcester

MLS | Web ID

MDWO2013840
Features
General
Sewer No Septic System
Possession Settlement
Zoning C2
Property SubType Land
Tax Year 2023
Current Use Commercial
Percent Ownership Fee Simple
County WORCESTER
Property Type Land
HOA / Comm Assn N
Possible Use Automotive Bar/Tavern/Lounge Bed & Breakfast Beer/Wine/Liquor Church Commercial Convenience Store Day Care Development Florist/Nursery Food & Beverage Food Market Hotel/Motel Industrial Investment Li
Water Access Y/N N
Status ACTIVE
Directions From Rt 50 Heading West make a right on Rt 589. Property on your left about 3/4 of a mile down the rd
City BERLIN
Buyer Agent Compensation 2.5
Zoning Description Commercial
MLS Area Worcester East of Rt-113
Lot Size Square Feet 43560.00
Waterfront Y/N N
Street Name RACETRACK
Tax Annual Amount 1555.0
Clean Green Assessed Y/N N
Price Per Sq Ft 9.16
Additional Parcels Y/N N
Vacation Rental Y/N N
Days on Market 361
Standard Status Active
Buyer Agent Compensation Type % Of Base
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Exterior
Water Source None
Water View Y/N N
Lot Dimensions 0.00 x 0.00
Lot Size Acres 1.00
Lot Size Units Square Feet
Lot Size Source Assessor
Navigable Water Y/N N
Water Oriented Y/N N
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Interior
Street Suffix ROAD
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Internal Only
Street Number 1 0
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* Excluded Features
List By
Berkshire Hathaway Homeservices Penfed Realty - Op

Broker

spikesands@gmail.com

Email

Affordability Calculator

$2,781
Per Month
95%
5%
0%
Monthly Principal & Interest
$2,652
Monthly Property Taxes
$130
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3534738 Elementary School
3535750 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/5/2023$399,000 -18.57% Price Down
8/16/2023$490,000 -9.24% Price Down
5/6/2023$539,900 Listed Price

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0 Racetrack Road, Berlin, MD, 21811 is a Lots and Land for sale at $399,000 with a lot size of 1. 0 Racetrack Road is a studio with 0.0 baths. The property's zip code is 21811 which is in Berlin, MD

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