For Sale
For Sale
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Year Built
2018
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Overview
Located just off the Ocean Pines South Gate Entrance within a commercial office park setting. Less than 1-minute from the lighted intersection at Rt. 589 Racetrack Rd. Motivated seller on this amazing deal for this newly constructed building consisting of a commercial unit on the first floor and an A-class 2-bdrm 2-bath apartment on the 2nd floor. There are a lot of options here. 1) An owner can occupy the 2nd-floor residence and operate their business on the 1st floor. 2) An owner can occupy the 2nd-floor residence and lease out the 1st floor to a business. 3) An owner can occupy the 1st-floor space for their business and lease out the 2nd-floor apartment. 4) An investor can lease out both the 1st and 2nd floor. 5) An investor can lease out the first floor and use the 2nd-floor apartment as a summer home. The apartment can rent for $1400/mo. The property (both the 1st and 2nd floor) is one condominium part of a two unit building. This offering is for unit #1 as identified in the photos. This property cost more to build than the offering price!
Property Details
Ocean Pines Multi-Use Commercial Duplex
Located just off the Ocean Pines South Gate Entrance within a commercial office park setting. Less than 1-minute from the lighted intersection at Rt. 589 Racetrack Rd. Motivated seller on this amazing deal for this newly constructed building consisting of a commercial unit on the first floor and an A-class 2-bdrm 2-bath apartment on the 2nd floor. There are a lot of options here. 1) An owner can occupy the 2nd-floor residence and operate their business on the 1st floor. 2) An owner can occupy the 2nd-floor residence and lease out the 1st floor to a business. 3) An owner can occupy the 1st-floor space for their business and lease out the 2nd-floor apartment. 4) An investor can lease out both the 1st and 2nd floor. 5) An investor can lease out the first floor and use the 2nd-floor apartment as a summer home. The apartment can rent for $1400/mo. The property (both the 1st and 2nd floor) is one condominium part of a two unit building. This offering is for unit #1 as identified in the photos. This property cost more to build than the offering price!
- Property TypeOffice
- Year Built2018
- Sale Price$389,000
- Total Building Size2,800RSF
- Building ClassA
- Sale StatusAvailable
- Property ID2172901