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500 Riverside Drive Pocomoke City, MD $ 2,500,000
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$ 2,500,000 Get more info
500 Riverside Drive
$ 2,500,000
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500 Riverside Drive

Pocomoke City, MD, 21851
$ 2,500,000
Baths0.0

Monthly Estimate*

$ 16,616

500 Riverside Drive, Pocomoke City, MD 21851 - Image 1
500 Riverside Drive, Pocomoke City, MD 21851 - Image 2
500 Riverside Drive, Pocomoke City, MD 21851 - Image 3
500 Riverside Drive, Pocomoke City, MD 21851 - Image 4
500 Riverside Drive, Pocomoke City, MD 21851 - Image 5
500 Riverside Drive, Pocomoke City, MD 21851 - Image 6
Studio

Commercial Property for sale in Pocomoke City, MD

for $2,500,000. This building was built in 2008 on a lot size of 2.88.

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.

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Commercial Active

Price

$ 2,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 925

Style

Apartment Building

Lot Size

2.88

Year Built

2008

Town/City

Pocomoke City

County/Region

Worcester

MLS | Web ID

MDWO2003780
Features
Interior
Heating Fuel Natural Gas
Hot Water Natural Gas Propane
Heating Y/N Y
Street Suffix DRIVE
Central Air Y/N Y
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General
Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Possession 61-90 Days CD
Roof Architectural Shingle
Zoning M-2
Construction Materials Brick Stick Built Vinyl Siding
Year Built 2008
Electric Circuit Breakers
Property SubType Other
Tax Year 2021
Percent Ownership Fee Simple
Cool Fuel Natural Gas
Municipality Pocomoke City
Business Type Apartment Building
Accessibility 2+ Access Exits
County WORCESTER
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions US 13 South Make Right on Business 13 Make Right on Riverside Drive Condos/Townhouses on Left
City POCOMOKE CITY
Buyer Agent Compensation 3
Total Units 7
MLS Area Worcester West of Rt-113
Lot Size Square Feet 125453.00
Waterfront Y/N N
Street Name RIVERSIDE
Tax Annual Amount 925.0
Price Per Sq Ft 1481.04
Vacation Rental Y/N N
Days on Market 881
Standard Status Active
Year Built Source Estimated
Tax Lot 0
Buyer Agent Compensation Type % Of Gross
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Exterior
Water Source Public
Type of Parking None
Water View Y/N N
Building Area Total 1688.00
Lot Dimensions 0.00 x 0.00
Lot Size Acres 2.88
Lot Size Units Square Feet
Lot Size Source Estimated
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 500
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* Excluded Features
List By
Re/Max Advantage Realty

Broker

edmaguire59@gmail.com

Email

Affordability Calculator

$16,693
Per Month
100%
0%
0%
Monthly Principal & Interest
$16,616
Monthly Property Taxes
$77
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
12/2/2021$2,500,000 Listed Price

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500 Riverside Drive, Pocomoke City, MD, 21851 is a Commercial Property for sale at $2,500,000 with a lot size of 2.88. 500 Riverside Drive is a studio with 0.0 baths and was built in 2008. The property's zip code is 21851 which is in Pocomoke City, MD

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