8370 Veterans Highway

    MILLERSVILLE, MD 21108
    • $1,500,000
    • STATUS: Active
    • ON SITE: 84 days
    • ID#: MDAA412992
    UPDATED: 62 min ago
    $1,500,000
    • 0
      BEDS
    • 0.61
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1986
    County:

    School Ratings & Info

    Description

    A rare find best described as a 2-story, 0.61-acre professional office site situated on 2 lots within the BWI-I-97 corridor of high traffic counts & visibility. Public water & sewer. 100% occupied on both 1st & 2nd levels. Approximately 8,100 sf. Lower level finished suites not rented at this time. This has been occupied by a 3rd generation family-owned business with 6 additional long-time income producing leases. Leases available upon request. 2 recent appraisals on hand at $1,650,000. ADA bathrooms. Heated entry sidewalks. Abundant surface parking, sidewalks, landscaping with a handicapped access by a rear ramp.The economic stability of the surrounding I-97 corridor lends itself to connecting routes 100, 295, 895, 50 & I-95 within the Baltimore-DC metro area.

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    ©2019 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2019-12-14T16:50:55.203.
    www.gocoleman.com/homes/99184411

    8370 Veterans Highway MILLERSVILLE, MD 21108

    • Price: $1,500,000
    • Status: Active
    • Updated: 62 min ago
    • ID#: MDAA412992
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.61
    Acres
    1986
    Built
    Neighborhood:
    Millersville
    County:
    Anne Arundel
    School District:
    Anne Arundel County Public Schools
    Property Description
    A rare find best described as a 2-story, 0.61-acre professional office site situated on 2 lots within the BWI-I-97 corridor of high traffic counts & visibility. Public water & sewer. 100% occupied on both 1st & 2nd levels. Approximately 8,100 sf. Lower level finished suites not rented at this time. This has been occupied by a 3rd generation family-owned business with 6 additional long-time income producing leases. Leases available upon request. 2 recent appraisals on hand at $1,650,000. ADA bathrooms. Heated entry sidewalks. Abundant surface parking, sidewalks, landscaping with a handicapped access by a rear ramp.The economic stability of the surrounding I-97 corridor lends itself to connecting routes 100, 295, 895, 50 & I-95 within the Baltimore-DC metro area.
    Exterior Features

    Construction Materials BrickBrick VeneerConcreteFrame Direction Faces Northwest Garage YN No Location Type Free Standing Lot Features Backs To TreesLandscapingNo Thru StreetNot In Development Other Equipment Negotiable Parking Features Asphalt DrivewayGeneral Common ElementsHandicap ParkingLighted ParkingPaved ParkingFree Parking Types Off StreetParking Lot Property Condition Renov/RemodShows WellTurn Key Riparian Rights YN No Road Surface Type Paved Roof AsphaltMetal View StreetTrees/Woods Water Access YN No Water Oriented YN No Waterfront YN No

    Interior Features

    Building Area Total 8666.00 Cooling Central A/CEnergy Star Cooling SystemHeat Pump(S)Multi Units Exclusions See List Flooring Ceramic TilePartially Carpeted Heating CentralHeat Pump - Electric BackupHeat Pump - Gas Backup Heating YN Yes Inclusions See List Net Square Feet 8666.00 Security Features 24 Hour SecuritySmoke Detector

    Property Features

    Acceptable Financing CashConventional Accessibility Features 48"+ HallsAccessible Switches/OutletsDoors - Swing InGrab Bars ModKitchen ModLevel Entry - MainWheelchair Height MailboxWheelchair Height ShelvesWheelchair Mod Annual Gross Expense 24861.00 Assessment Year 2019 Association YN No Business Type Professional Central Air YN Yes Cooling Fuel ElectricNatural Gas Cross Street Benfield & Brightview Electric 120/240V Elevators 0 Entry Level 1 Foundation Details Brick/Mortar Gross Income 106793.28 Heating Fuel Natural Gas Historic YN No Hot Water Natural Gas Insurance Expense 1500.00 Lease Considered YN No Maintenance Expense 1260.00 Navigable Water YN N Net Operating Income 81932.28 New Construction YN No Number Of Units Total 1 Operating Expense Includes InsuranceManagement FeesRepair/Maintenance Original MLSNumber 302037258056 Ownership Interest Fee Simple Possession NegotiableSeller Rent BackSubject To Existing Lease Property Sub Type Office Sale Type Standard Sewer Public Septic Tax Annual Amount 8252.0 Tax Assessment Amount 830700.0 Total Actual Rent 106793.28 Utilities Above GroundCable TvFiber Optics AvailableMultiple Phone LinesNatural Gas AvailablePhone AvailablePhone ConnectedSewer AvailableWater Available Vacation Rental YN No Water Source Public Zoning C-2 Zoning Description C-2 Office

    Listing courtesy of Crct, Llc.


    ©2019 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2019-12-14T16:50:55.203.
     
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