Alert Investors!!!! Come research this FULLY leased, 3 floor, 12-unit apartment building with additional acreage for additional expansion. This project has a long historical track record of proved success with projected yearly gross income of $140K. Landlord pays for water and sewer, trash, exterior electricity for exterior lighting and common areas, taxes, insurance, and lawn care/parking lot. Each unit is separately metered for electricity, which is billed to the tenants directly from Delmarva Power. Each unit contains 2 bedrooms, 1.5 baths, a full kitchen, which is equipped with a stove, refrigerator, and dishwasher. Each unit has an open floorplan which kitchens that open directly to the family rooms. While cooling is provided by electric heat pumps, heating is provided by an electric furnace (forced air). Eight (8) of the twelve (12) units have had their Heating and Air components replaced with new equipment within the last two years. The equipment to replace the other 4 units has been purchased and conveys upon sale. The building has been certified as Lead-free, and the MDE certificate can be provided. Perfect project for 1031 funds!!
COMMERCIAL LAND: +/- 8.33 acres of commercial land on Route 13 northbound in Delmar, MD. The property has access to public water and sewer and fronts both Ocean Highway and Stage Road.
Direct Rt 13 frontage with high visibility. 10, 350 SF of clear span warehouse, 1650 SF mezzanine, and 1650 SF of office. Two 14' roll up doors and one 10'. 16' on the end and 18' in the center ceiling height. Three phase electric. $5 per square foot rate is introductory for year 1.
HUGE PRICE REDUCTION NOW $2,250,000!! Three parcels totaling 11+/-acres located on a very highly visible and heavily traveled corner of Rt 13 & Rt 54 in Delmar, MD. Road frontage on four roads with ingress and egress locations on Rt 13, Rt 54 & Stage Road. Intersection has traffic lights and highway lighting at the location. There are three separate parcels that are being sold together as one package. Take a look at this nice investment location for you to develop into retail, restaurant, hotel/motel, fast food, strip mall, medical or an office complex. Many other options I'm sure are available! Excellent Location and Opportunity Awaits! Town water and sewer are available.
Delmar is located in Maryland. Delmar, Maryland has a population of 3,748. Delmar is less family-centric than the surrounding county with 24.48% of the households containing married families with children. The county average for households married with children is 25.13%.
The median household income in Delmar, Maryland is $66,987. The median household income for the surrounding county is $63,610 compared to the national median of $69,021. The median age of people living in Delmar is 37.7 years.
The average high temperature in July is 87 degrees, with an average low temperature in January of 27.4 degrees. The average rainfall is approximately 46.1 inches per year, with 8.4 inches of snow per year.
