For Sale
$1,595,000

173 Sassafras St Millington, MD 21651

19,656 SF Manufacturing Facility

Overview

Added:
Dec 11, 2024
Days on market:
128
This 19,656 square foot industrial property in Millington, MD, offers a unique investment opportunity. The property consists of three buildings on a 1.92-acre lot, including a 6,000 square foot office building constructed in 1965 with a 2023 Duralast roof and a 5-year-old HVAC system. Two additional steel buildings, insulated and equipped with propane heaters, house the manufacturing operations. The property features energy-efficient LED lighting throughout, paved parking for over 30 cars, and a security fence around the production areas. Public water and sewer services are available, along with Delmarva Power electricity (208 Volt supply). High-speed internet access is available via ThinkBig fiber. The property is zoned LI - Light Industrial and benefits from its strategic location, within a two-hour drive of Wilmington, Philadelphia, Baltimore, and Washington, D.C. The asking price is $1,595,000, representing $81.15 per square foot. This fee-simple ownership opportunity is ideal for owner-users seeking a well-maintained manufacturing facility in a convenient location. The property was built in phases, with construction dates of 1965 and 1995. The property includes ample parking and is served by public utilities. This is a single-tenant, 100% occupied building.

Highlights

  • Hoyle Stone Products facility is located in Millington, MD.
  • The property is within 100 miles of Wilmington & Dover, DE; Philadelphia, PA; Baltimore, MD; and Washington, DC.
  • US Route 1 is a 10-minute drive via Route 301.
  • US Route 95 is a 30-minute drive.

Property Details for 173 Sassafras St

Property type
Industrial properties, Manufacturing properties
Square Feet
19,656 SF
Class
B
Buildings
3
Stories
1
Lot Size (sq. ft)
83,635 SF
Units
1

Location Insight

City
Millington
County
Kent
State
Maryland
Latitude
39.2626096
Longitude
-75.8380981
173 Sassafras St, Millington, Maryland

FAQs

What type of property is this?
Industrial property - 19,656 SF Manufacturing Facility
Where is the industrial property located?
The property is located at 173 Sassafras St Millington, MD.
What is the asking price?
The asking price for this property is $1,595,000.
What are key features of this property?
This property features: Hoyle Stone Products facility is located in Millington, MD.; The property is within 100 miles of Wilmington & Dover, DE; Philadelphia, PA; Baltimore, MD; and Washington, DC.; US Route 1 is a 10-minute drive via Route 301.
How can I contact the broker?
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173 Sassafras St
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