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121 Rental Lane Commercial 5.41 Acres 121 Rental Ln 15,600 SF Flex Building Grasonville, MD 21638 $4,834,948 CAD ($309.93 CAD/SF)



INVESTMENT HIGHLIGHTS
- On Route 50/301 with 70,000 cars per day exposure
- Both buildings are steel and have mezzanine levels
- The property is zoned Urban Commercial (UC)
EXECUTIVE SUMMARY
Prime commercial opportunity available just off Route 50 with easy access. This high-visibility location offers exceptional exposure to heavy traffic, making it perfect for businesses looking to attract attention. Close proximity to the Chesapeake Bay Bridge, with prominent digital signage visible to approximately 74,000+ cars per day. Zoning: The property is zoned Urban Commercial (UC). Zoning offers broad uses for the property, including most retail and light industrial. Tenancy: The site is leased to 2 tenants that utilize the buildings and open-air storage. There is additional rental income for parking utilized by the neighbor (Rental Works). There is a vacant portion of the site that has rental income potential (Discussed in previous years as a cell tower base). Improvements: The larger building is 130' x 60' which includes a 30' x 60' office area, a 30' x 60' storage area and a 70' x 60' shop area which totals 7,800+/- SF. The smaller building is 80' x 50' on the first floor and 50' x 20' 5" on the second floor for offices which totals 5,025+/-SF. Both buildings are steel and have mezzanine levels which makes the usable square footage more than the footprint. Utilities: The property is served by public sewer, and the water is provided by a well. Heat is a mixture of oil furnaces running both industrial heaters and heated flooring in the warehouse areas. The office and retail areas are served by HVAC systems. Check with Queen Anne s County planning and zoning for permitted uses. Great opportunity. Call today for showing!
PROPERTY FACTS
| Price | $4,834,948 CAD | Lot Size | 5.41 AC |
| Price Per SF | $309.93 CAD | Rentable Building Area | 15,600 SF |
| Sale Type | Investment | No. Stories | 3 |
| Property Type | Flex | Year Built/Renovated | 1980/2003 |
| Property Subtype | Light Distribution | Tenancy | Single |
| Building Class | C | ||
| Zoning | UC - Urban Commercial | ||
| Price | $4,834,948 CAD |
| Price Per SF | $309.93 CAD |
| Sale Type | Investment |
| Property Type | Flex |
| Property Subtype | Light Distribution |
| Building Class | C |
| Lot Size | 5.41 AC |
| Rentable Building Area | 15,600 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1980/2003 |
| Tenancy | Single |
| Zoning | UC - Urban Commercial |
AMENITIES
- Storage Space
PROPERTY TAXES
| Parcel Number | 05-016827 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $2,521,598 CAD |
PROPERTY TAXES
Parcel Number
05-016827
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,521,598 CAD
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121 Rental Lane Commercial 5.41 Acres | 121 Rental Ln
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