11021 5Berlin, MD 21811

Property Details for 11021 5

Year built

2004

Lot size

3.56 AC

Property size (Sq ft)

6,837 SF

Property type

Mixed-use properties

Description

This exceptional mixed-use property in Berlin, MD, presents a lucrative investment opportunity. The 6,837 square foot building sits on a 3.56-acre lot and comprises seven fully-leased office/retail condo units within the Village Square Shopping Center, ideally situated at the entrance to Ocean Pines' South Gate. The property boasts a recent roof replacement (2022) and a complete HVAC system overhaul (three years prior), minimizing maintenance concerns for the new owner. The strong tenant occupancy ensures a steady income stream, further enhanced by the property's prime location within a rapidly growing community. Ocean Pines is experiencing significant population growth, attracting young professionals, families, and retirees, creating high demand for commercial space. This strategic location along Route 589 guarantees high foot traffic, maximizing the potential for revenue generation. The property includes seven units with the following tax IDs: Unit 2: 03-143538

Location Insight

City

Berlin

County

Worcester

State

Maryland

Latitude

38.3751

Longitude

-75.1619

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