ERA Martin & Associates
1000 East Main Street
Salisbury, Maryland
Office: (410)749-1818

Maryland Real Estate Properties


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MLS Number: MDWC108374
Five Or More Units
Cedar Crossing - 101 CEDAR CROSSING ROAD, SALISBURY, Maryland

0 Bedrooms, 0 Baths, 0 Half Baths

Rinnier Development is proud to offer the student housing portfolio of Cedar Crossing for sale. All units are walking distance to the Salisbury University campus and across the street from the football stadium and other sports fields. Current rental rates are lower than most competitors and there is space for amenities to be added.The portfolio (6.03% CAP rate) consists of 58 individual units with 228 bedrooms that were all built new in 1999 - wood frame construction with vinyl siding, asphalt shingles, vinyl wood, carpet and vinyl tile flooring throughout. Kitchens are complete with refrigerator, dishwasher and stove; laminate and cultured marble tops in kitchens and bathrooms. All units have washer
Priced to sell: $11,250,000

Listing Agent:
Listing Broker: Rinnier Development Co

MLS Number: DEKT234716
Land for Commercial Use

FORECLOSURE PROPERTY

416 NE 10TH STREET, MILFORD, Maryland

0 Bedrooms, 0 Baths, 0 Half Baths

DRASTIC REDUCTION. Coastal Highway QOZ location, one lot back. Investment offering with all the work done for you. Market analysis, DelDOT roads in place, new overpass completed ; BayHealth South ($314mm project), Nemours Pediatric Clinic, both within 2 miles. Utilities on site. Join the commercial properties already in place, Grottos Rest, Royal Farms & New Medical Office Bldg. Proposed conceptual layout for C-3 pad sites (allow up to 5 stories) , Natural Gas and Broadband, Kent Co incentives, and much more. Newest Commercial Corridor, and Gateway to the DE beaches. Call agent today. Milford was recently voted in Top 10 places to retire in USA. Includes 422 NE Tenth St, Milford, eleven bedroom, 7 bath Mansion.
Priced to sell: $8,250,000

Listing Agent:
Listing Broker: BERKSHIRE HATHAWAY HOMESERVICES GALLO-R

MLS Number: 1005646421
Other

FORECLOSURE PROPERTY

2367 BAY ROAD, MILFORD, Maryland

0 Bedrooms, 0 Baths, 0 Half Baths

D-8850 Development Potential with Highway access to Rt. 1. Close proximity to the Kent County Regional Sports Complex. Many development possibilities such as shopping centers, outpads, Hotel, Movie Theater. Soon to be the fastest growing area in Kent County with the opening of the Sports Complex (The Turf) All Utilities available
Priced to sell: $6,000,000

Listing Agent:
Listing Broker: Harrington Realty

MLS Number: DEKT203460
Other

FORECLOSURE PROPERTY

3338 & 3320 BAY ROAD, MILFORD, Maryland

0 Bedrooms, 0 Baths, 0 Half Baths

A new commercial opportunity that is available for purchase build to suite. Entrance off De 1 and Milford Neck Rd, which connects with Turf Sports Complex Possible business could include Hotel,Restaurants, theater, gas station convenience store and fast foods. Zoned BG. Drone Video
Priced to sell: $5,900,000

Listing Agent:
Listing Broker: R&R Commercial Realty

MLS Number: 1001560128
Industrial

FORECLOSURE PROPERTY

2305 NORTHWOOD DRIVE, SALISBURY, Maryland

0 Bedrooms, 0 Baths, 0 Half Baths

OPPORTUNITY ZONE! 144,492 sq.ft. manufacturing facility for sale at $4,500,000 or lease at $4.00 per sq.ft. 20' - 27' ceiling heights. 2 overhead cranes with 2 - 5 ton hoists w/ remote control / 4 electric 3 ton hoists, 8 - 2.5 ton hoists on JIB cranes. 3 phase electric 600V 2000 amps. Security fencing. 20 +/- acres. Drive-in doors and warehouse loading doors. 265+ parking spaces. 1800 sq.ft. office space. Large employee lounge. Add'l 15,000 sq.ft. warehouse with 5 - 20' drive-in doors. The sale is subject to existing leases.
Priced to sell: $4,500,000

Listing Agent:
Listing Broker: NAI Coastal

MLS Number: MDWO113494
Office

FORECLOSURE PROPERTY

9842 MAIN STREET, BERLIN, Maryland

0 Bedrooms, 0 Baths, 0 Half Baths

A self storage/office site made up of 19.32 acres on Main Street in Berlin, Maryland. Currently, there are 129 units of self storage averaging $128 per unit. There is an existing 6 unit office building (approximately 7,682+/- SF) with one vacancy. Preliminary plans are in place for an additional 30,000 square feet or storage space. The owner can provide the design and approval for additional units. Seller would prefer to sell the entire 19.23 acres, but will consider dividing. Office/Storage - 3.05 +/- acresMulti-Family Development Land (80 units) - 3.80 +/- acresContractor Shop Development Land (38 units) - 2.25 +/- acresRV/Boat Storage Development Land (51 units) - 3.05 +/- acresShared Access Road - 2.60 +/- acresForest Conservation - 4.57 +/- acres
Priced to sell: $4,199,000

Listing Agent:
Listing Broker: SVN/Miller Commercial Real Estate

MLS Number: MDWO110366
Five Or More Units

FORECLOSURE PROPERTY

1601 PHILADELPHIA AVENUE, OCEAN CITY, Maryland

0 Bedrooms, 0 Baths, 0 Half Baths

This is an incredible investment opportunity to help your buyer acquire a property with a 7% return. Located in downtown Ocean City, this is a mainstay of the town. The front three units are triple net.
Priced to sell: $3,800,000

Listing Agent:
Listing Broker: 1ST CHOICE PROPERTIES LLC

MLS Number: MDWC108376
Five Or More Units

FORECLOSURE PROPERTY

Cedar Commons - 302 CEDAR CROSSING ROAD, SALISBURY, Maryland

0 Bedrooms, 0 Baths, 0 Half Baths

Rinnier Development is proud to bring the student housing portfolio of Cedar Commons for sale. 22 units with 80 bedrooms all within walking distance to Salisbury University. This is portfolio sale for all properties, addresses include: 302-330 Cedar Crossing Road230 Lakewood Drive227-229 Brown Street821 Johnson RoadPlease call for more information on this existing, turn-key student housing opportunity with a CAP rate of 7.79%
Priced to sell: $3,750,000

Listing Agent:
Listing Broker: Rinnier Development Co

MLS Number: 1001558698
Services

FORECLOSURE PROPERTY

207 N BALTIMORE AVENUE, OCEAN CITY, Maryland

0 Bedrooms, 0 Baths, 0 Half Baths

Unique opportunity to own a 36 room boutique motel in downtown Ocean City! Plenty of offstreet parking and an existing office on premises.Just one block from the beach and the World Famous Ocean City Boardwalk. Nestled between 2nd and 3rd streets, you are steps from the optimal Ocean City experience in every direction! Dining, entertainment, amusement parks, shopping and of course the Atlantic Ocean! Call listing agent for more details and listing agent must accompany all showings. Take advantage of the tax breaks this property has as it is located in The Opportunity Zone District.
Priced to sell: $3,600,000

Listing Agent:
Listing Broker: Coastal Life Realty Group

MLS Number: DESU148496
Land for Commercial Use

FORECLOSURE PROPERTY

0 US-13 / SUSSEX HIGHWAY, LAUREL, Maryland

0 Bedrooms, 0 Baths, 0 Half Baths

47.42 +/_ acres located on US-13 just south of the intersection of Rt 9. Natural gas has just finished being put along US-13 and Town has annexed and zoning as commercial and business use. Water tower is setting on the north side of the property and was purchased by the Town of Laurel.
Priced to sell: $3,500,000

Listing Agent:
Listing Broker: CALLAWAY FARNELL AND MOORE
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