11022 NICHOLAS LANE Berlin, MD 21811

$540,000
11022 NICHOLAS LANE, Berlin, MD 21811
1002017510

Property Information

  • $540,000
  • Commercial
  • 0 Square Feet
  • Taxes are $2,832
  • Retail
  • Active
  • Unit 4 & 5
  • Berlin, MD
  • Worcester County
  • MLS/Web ID is 1002017510
  • Just Listed

Description

Investment Property, fully leased, ready to put your money to work for you creating residual income. Net income of $48, 887. Currently set up as a single tenant property with the current tenant being Paradise Grill & Pizzeria. See agent for lease details.

Interior 5

Cooling System

  • Electric Cooling
  • Heat Pump

Heating Source

  • Electric

Heating System

  • Heat Pump
  • Hot Water Heater: Electric

Sewer

  • Public Sewer

Water Source

  • Public Water

Exterior 1

Construction

  • Stick Built

Miscellaneous 2

Accessibility

  • Other

Location

  • Shopping Mall / Center

† Excluded Feature

Neighborhood & Schools

School District: WORCESTER COUNTY PUBLIC SCHOOLS

 See complete school information

Listed By

Broker: SVN/MILLER COMMERCIAL REAL ESTATE

11022 NICHOLAS LANE, Berlin, MD, 21811 is a Commercial Property for sale at $540,000 with 0 sqft. 11022 NICHOLAS LANE has 0.0 baths. The property's zip code is 21811 which is in Berlin, MD

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Market Pricing

Average % of sale price Median % of sale price
All listings in Berlin $451,103 16 % below $304,475 44 % below
Commerical listings in Berlin $937,550 74 % above $624,450 16 % above
Sold listings in Berlin $236,868 56 % below $237,000 56 % below

Local Sold History

Address Beds Baths Sqft Sold Price Sold Date Distance (miles)
10 BURLINGTON CT
Berlin, MD
3 3.00 1838.00 $227,000 10/14/2017 0.42
100 BOSTON DR
Berlin, MD
3 3.00 2088.00 $365,000 7/21/2017 0.82
8 WATERTOWN RD
Berlin, MD
$48,000 7/26/2017 0.95
211 WINDJAMMER RD
Berlin, MD
3 2.00 1748.00 $272,000 8/14/2017 1.00
4 PIRATE PL
Berlin, MD
4 3.00 2393.00 $330,000 9/8/2017 1.04

Get the facts about Berlin, MD!

Population 4,085
Population Growth (since 2000) 13 %
Median Income $48,924
Median Age 39.8
Households w/ Children 29 %

Residential Dwellings

  • Owned 952
  • Vacant 236
  • Rented 594

Similar Listings

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