9091 Ocean Hwy, Delmar, MD 21875

FOR SALE
  • $325,000
  • 321 Days on site
  • Beds: n/a
  • Baths: n/a
  • Commercial Building
  • 2,466 sq ft
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Listing Provided By: Rinnier Development Co
(410) 742-8151
Listing Agent: Matthew Trader

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Description

1.7 acres located just outside of Salisbury on Rt.13 in Delmar, MD. The property is currently being used as a small apartment complex and is producing income, but could be used for commercial development. Features that make this deal attractive: Direct access off of Rt.13. 500 Feet of Highway Frontage. Utilities are located on site. Stable tenants with short term leases provide immediate income and flexibility. Income can be used for carrying cost, while new owner works on future development plans. Current NOI: $22,889.69 Click here to learn more about this listing.

  • MLS ID# 503493
  • Year Built: 1955
  • 321 Days on site
  • Commercial Building
  • Beds: n/a
  • Baths: n/a

Listing Details

Den
No
Lot Size
Approximately 74052 square feet
Tax Amount
$0

Local Info

Population
6,551
Median Household Income
$55,267
Median Years In Residence
8
Median Homeowner Age
37
Households with Children
47.69%
Percent of Homes Rented
23.80%

Nearby Elementary Schools

811 S 2nd St
200 N 8th St
30505 Dagsboro Rd

Nearby Middle Schools

200 N 8th St
30505 Dagsboro Rd
31608 Dagsboro Rd

Nearby High Schools

200 N 8th St
30505 Dagsboro Rd
31608 Dagsboro Rd

These are the closest schools to your requested location. Proximity does not guarantee enrollment eligibility. Please consult your real estate agent or school district to confirm the schools you are zoned to attend.

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Samantha Wilson

OpCity

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