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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)

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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
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

PROPERTY TAXES

Parcel Number
05-016827
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,521,598 CAD
  • Listing ID: 35354079

  • Date on Market: 2025-04-02

  • Last Updated:

  • Address: 121 Rental Ln, Grasonville, MD 21638

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