Federalsburg, MD 21632,300 RELIANCE AVE
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Federalsburg, MD 21632,300 RELIANCE AVE
Federalsburg, MD 21632,300 RELIANCE AVE
Federalsburg, MD 21632,300 RELIANCE AVE
Federalsburg, MD 21632,300 RELIANCE AVE

$2,700,000

Est. payment /mo

$2,950,000

8.5%
Est.Price: ?

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300 RELIANCE AVE Federalsburg, MD 21632

111,143 SqFt

SOLD DATE : 03/11/2021

Key Details

Sold Price $2,700,000

Property Type Commercial

Sub Type Industrial

Listing Status Sold

Purchase Type For Sale

Square Footage 111,143 sqft

Price per Sqft $24

MLS Listing ID MDCM122476

Sold Date 03/11/21

HOA Y/N N

Originating Board BRIGHT

Year Built 1959

Annual Tax Amount $28,591

Tax Year 2020

Lot Size 21.310 Acres

Acres 21.31

Property Description

Manufacturing facility for sale in Federalsburg, Caroline County, MD. The layout offers 6 buildings (4 with linear flow) and is very flexible and the facility can easily be converted back to food grade and alternative industrial uses. 100% LED lighting throughout the facility. 9 docks total and 3 floor level drive-in doors. Layout allows for easily adding additional doors or docks. City water and on-site wells. All natural gas. Facility is fully sprinklered and all restrooms are touch free. Site is adjacent to the rail line. Permit in hand that would allow for an additional 7 acres of clearing on the site, drawing on file. This property is located in an OPPORTUNITY ZONE AND located in the Enterprise Zone. This program provides real property and state income tax credits for businesses located in a Maryland enterprise zone in return for job creation and investments. In addition, both Caroline County and the Town of Federalsburg offer Manufacturing Tax Credits. Caroline County offers personal property tax exemption on manufacturing equipment.

Location

State MD

County Caroline

Zoning ID-1

Interior

Hot Water Natural Gas

Heating Programmable Thermostat, Other

Cooling Dehumidifier, Programmable Thermostat, Ceiling Fan(s), Central A/C

Flooring Concrete

Heat Source Natural Gas

Exterior

Garage Spaces 100.0

Utilities Available Water Available, Sewer Available, Electric Available, Natural Gas Available

Water Access N

Roof Type Metal

Street Surface Black Top

Accessibility None

Road Frontage State, City/County

Total Parking Spaces 100

Garage N

Building

Foundation Slab

Sewer Public Sewer

Water Public, Well

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Caroline County Public Schools

Others

Tax ID 05-024307

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition REO (Real Estate Owned)

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Bright MLS (BMLS)
Listed by Henry Hanna • SVN |Miller Commercial Real Estate
Bought with Non Member • Non Subscribing Office

Kerry O'Hara

Advisor | License ID: 651712

+1(410) 507-0834

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