Pocomoke City Strip Center
$225,000
1309 Market St, Pocomoke City, MD 21851
7,500 sqft
Building Size
0.2296 acres
Lot Area
Details:
Description:
Pocomoke Market Street Retail Center - Property is comprised of 2 adjoining buildings. A small 216 sq ft retail structure that was a barber shop, and an approximate 7,466 sq ft, 5 unit retail strip center on a 10,000 sq ft lot. One unit (A) is leased as a carry out restaurant for $1100 per month. The lease is month to month but they have been there for some time. Another unit has been leased out to a church for $500 per month. There are three empty units. The roof is in good shape with the exception of the end unit (E) section. This section needs a replacement roof and some interior work. The cost to do this is estimated at $45,000. There is a laundromat user wishing to lease Unit E if the improvements can be done. This property has excellent upside potential. This would be an excellent opportunity for a value add Buyer. Se attached "DESCRIPTION & ANALYSIS OF IMPROVEMENTS" in documents section.
Corner of Market Street and 14th Street
Documents:
| Title | ||
|---|---|---|
| app_page.pdf | ||
| SVN - Brochure (P) |
Location
Gallery
