$749,000
110 Channel Marker Way, Grasonville, MD, 21638
2,400
Square feet
Offered for sale is this 100% leased water view office condominium (18% of the total building) located in the heart of the Kent Narrows. The lease is for five years and started on November 1st. Tenant quality is very good-excellent. Rental increase over the five year term is 27.6%! Wells Cove is a marina, hotel, residential, retail and office complex that exudes the best of Eastern Shore living. Surrounded by some of the best seafood restaurants on the Bay, and cool waterfront bars, this is the office your employees dream about. A highlight is that Exit 42 on US Route 50, within 1/8th mile of the property, with average daily traffic counts of 73,642, provides direct east and westbound access.
Facts & Features
| MLS® # | MDQA2001414 |
|---|---|
| Price | $749,000 |
| Bathrooms | 0.00 |
| Square Footage | 2,400 |
| Acres | 0.00 |
| Year Built | 2008 |
| Type | Commercial Sale |
| Sub-Type | Condo, Office |
| Status | Active |
Community Information
| Address | 110 Channel Marker Way |
|---|---|
| City | Grasonville |
| County | QUEEN ANNES-MD |
| State | MD |
| Municipality | Grasonville |
| Zip Code | 21638 |
| Senior Community | No |
Amenities
| Utilities | Propane, Electric Available |
|---|---|
| Is Waterfront | Yes |
| Waterfront | Bay |
Interior
| Heating | Central |
|---|---|
| Cooling | Central A/C |
| Has Basement | No |
| Fireplace | No |
Exterior
| Exterior | Concrete/Block, Frame, Stone, Composition, Steel Siding |
|---|---|
| Roof | Other, Metal |
School Information
| District | QUEEN ANNE'S COUNTY PUBLIC SCHOOLS |
|---|
Additional Information
| Date Listed | November 4th, 2021 |
|---|---|
| Days on Market | 902 |
| Zoning | WVC |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | SVN |Miller Commercial Real Estate |
|---|---|
| Contact Info | 410-543-2440 |