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110 Channel Marker Way

GRASONVILLE, MD 21638
  • $749,000
  • STATUS: Active
  • ON SITE: 28 Days
  • ID#: MDQA2001414
UPDATED: 23 min ago
$749,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
2008
County:

School Ratings & Info

Description

We are especially pleased to offer for sale this 100% leased water view office condominium (18% of the total building) located in the heart of the Kent Narrows. The lease is for five years and started on November 1st. Tenant quality is very good-excellent. Rental increase over the five year term is 27.6%!Wells Cove is a marina, hotel, residential, retail and office complex that exudes the best of Eastern Shore living. Surrounded by some of the best seafood restaurants on the Bay, and cool waterfront bars, this is the office your employees dream about. A highlight is that Exit 42 on US Route 50, within 1/8th mile of the property, with average daily traffic counts of 73,642, provides direct east and westbound access.

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©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-12-03T11:53:16.62.
www.locomusings.com/homes/123036425
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110 Channel Marker Way GRASONVILLE, MD 21638

  • Price: $749,000
  • Status: Active
  • On Site: 28 Days
  • Updated: 23 min ago
  • ID#: MDQA2001414
0
Beds
0
Baths
0
½ Baths
N/A
Acres
2008
Built
County:
Queen Annes
School District:
Queen Anne's County Public Schools
Property Description
We are especially pleased to offer for sale this 100% leased water view office condominium (18% of the total building) located in the heart of the Kent Narrows. The lease is for five years and started on November 1st. Tenant quality is very good-excellent. Rental increase over the five year term is 27.6%!Wells Cove is a marina, hotel, residential, retail and office complex that exudes the best of Eastern Shore living. Surrounded by some of the best seafood restaurants on the Bay, and cool waterfront bars, this is the office your employees dream about. A highlight is that Exit 42 on US Route 50, within 1/8th mile of the property, with average daily traffic counts of 73,642, provides direct east and westbound access.
Exterior Features

Construction Materials ConcreteFrameSteel SidingStoneComposition Garage YN No Parking Types Parking Lot Property Condition Excellent Roof OtherMetal Water Access YN Yes Water Body Type Bay Water Oriented YN Yes Water View YN No Waterfront YN Yes

Interior Features

Building Area Total 2400.00 Cooling Central A/C Heating Central Heating YN Yes Net Square Feet 2400.00

Property Features

Accessibility Features Elevator Assessment Year 2019 Business Type Professional Central Air YN Yes Cooling Fuel Electric Elevators 1 Heating Fuel None Historic YN No Hot Water Propane Municipality Grasonville Navigable Water YN Y New Construction YN No Original MLSNumber 801160188392 Ownership Interest Condominium Possession Settlement Property Sub Type Office Sale Type Standard Sewer Public Sewer Tax Annual Amount 4891.68 Tax Assessment Amount 480000.00 Utilities PropaneElectric Available Vacation Rental YN No Water Source Public Zoning Wvc

Listing courtesy of Svn/Miller Commercial Real Estate.


©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-12-03T11:53:16.62.
 
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LoCoMusings | Century 21 Redwood Realty
540 Fort Evans Road Suite 303
Leesburg VA, 20176