Waterfront
Address
500 Riverside Drive Pocomoke City, MD
Price
$ 2,500,000
Property Attributes
  • MLS#MDWO2003780
  • TypeCommercial
  • CountyWORCESTER
  • CityPocomoke City
  • AreaWorcester West of Rt-113
  • Zip21851
  • StyleApartment Building
  • Year Built2008
  • Taxes$ 925
  • Price$ 2,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size2.88 Acres
Listing Provided Courtesy Of:
Re/Max Advantage Realty
Data Source:
Bright MLS
Property Description

For sale is Pocomoke River front land for additional phases of 66 units of Drawbridge Villas & the sale includes the existing 7 units. Three bedroom condominium type apartment building of which 7 are rented. City water and sewer at the site. Existing site plan is available. Land is ready for construction. New permits are needed, but should be easy to obtain.

Price History
12/2/2021 Listed $2,500,000

General Features

Accessibility 2+ Access Exits
Business Type Apartment Building
Construction Materials Brick, Stick Built, Vinyl Siding
Cool Fuel Natural Gas
Cooling Central A/C
County WORCESTER
Days on Market 46
Electric Circuit Breakers
Heating Forced Air
Lot Size Square Feet 125453.00
MLS Area Worcester West of Rt-113
Municipality Pocomoke City
New Construction No
Ownership Fee Simple
Possession 61-90 Days CD
Price Per Sq Ft 1481.04
Property SubType Other
Property Type Commercial Sale
Roof Architectural Shingle
Sewer Public Sewer
Tax Annual Amount 925.0
Tax Year 2021
Total Units 7
Vacation Rental Y/N No
Water Access Y/N No
Zoning M-2

Interior Features

Central Air Y/N Yes
Heating Fuel Natural Gas
Heating Y/N Yes
Hot Water Natural Gas, Propane

Exterior Features

Building Area Total 1688.00
Lot Dimensions 0.00 x 0.00
Lot Size Acres 2.88
Lot Size Source Estimated
Navigable Water Y/N No
Type of Parking None
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

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 21851

Price
AVG $470K
$2.5M
Taxes
AVG $4,361
$925
Visits
AVG 49
11
Year Built
AVG 1973
2008

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