Listed By:
Rinnier Development Co
Address
7040 Morris Road, Pittsville, MD
Price
$ 695,000
Property Attributes
  • MLS#MDWC2008886
  • TypeCommercial
  • CountyWICOMICO
  • CityPittsville
  • AreaWicomico Northeast
  • Zip21850
  • StyleGeneral Retail,Professional
  • Year Built1987
  • Taxes$ 3644
  • Price$ 695,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4900
  • Lot Size1.95 Acres
Data Source:
Bright MLS
Property Description

Exceptional commercial opportunity with 430' of road frontage on eastbound US Route 50 in Pittsville, MD. 5,000 square feet of building on 2 +/- acres of land. Perfect for an owner operator looking for retail or office space. The property is also large enough to expand or construct an additional building. This is a great opportunity for an investor as well. The building can be leased to a single tenant or can easily be subdivided into 3 separate units for multiple tenants with 3 separate entrances and 3 restrooms. Room for expansion also offers the opportunity for additional income. New windows, new roof, and all electric updated in 2021. Great signage location at rear of building. Currently on Well & Septic. City Water & Sewer Connection Nearby. County Taxes: Approx. $3500/Insurance: $2000. Business is also available for sale for additional $80,000.

Price History
3/22/2023 Listed $899,000
7/25/2023 6% - $850,000
12/19/2023 9% - $775,000
3/7/2024 11% - $695,000

General Features

Sewer Private Septic Tank
Heating Other
Cooling Central A/C
Possession Negotiable
Zoning COMMERCIAL
Construction Materials Brick
Year Built 1987
Property SubType Mixed Use
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Business Type Other/General Retail,Professional
Accessibility Level Entry - Main
County WICOMICO
New Construction No
Property Type Commercial Sale
Water Access Y/N No
Status ACTIVE
Directions Located just off US Route 50 eastbound in Pittsville.
ModificationTimestamp 2024-03-07T12:15:56
City PITTSVILLE
Buyer Agent Compensation 3
Total Units 1
MLS Area Wicomico Northeast (23-02)
Lot Size Square Feet 84942.00
Tax Assessed Value 365267.0
Waterfront Y/N No
Street Name MORRIS
Tax Annual Amount 3644.0
Price Per Sq Ft 141.84
Vacation Rental Y/N No
Days on Market 392
Standard Status Active
Year Built Source Assessor
Legal Subdivision JAMES DOROTHEA ROBINSON LANDS
Tax Lot 1AD
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Electric
Hot Water Electric
Heating Y/N Yes
Street Suffix ROAD
Central Air Y/N Yes

Exterior Features

Water Source Well
Total Parking Spaces 10
Type of Parking Parking Lot
Land Use Code C
Water View Y/N No
Building Area Total 4900.00
Lot Dimensions 0.00 x 0.00
Lot Size Acres 1.95
Road Frontage Length 430
Lot Size Units Square Feet
Lot Size Source Assessor
Navigable Water Y/N No
Water Oriented Y/N No
LotDimensionsSource Assessor
Car Parking Spaces 10

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 21850

Price
AVG $470K
$700K
Taxes
AVG $3,803
$3,644
Visits
AVG 134
284
Data Provided by Inside Real Estate®
Year Built
AVG 1953
1987

Areas We Cover