$225,000
$249,000
9.6%For more information regarding the value of a property, please contact us for a free consultation.
20833 & 20835 NANTICOKE RD Bivalve, MD 21814
5,026 SqFt
Key Details
Sold Price $225,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 5,026 sqft
Price per Sqft $44
MLS Listing ID MDWC110386
Sold Date 01/18/22
HOA Y/N N
Originating Board BRIGHT
Year Built 1952
Annual Tax Amount $2,817
Tax Year 2021
Lot Size 1.360 Acres
Acres 1.36
Lot Dimensions 0.00 x 0.00
Property Description
Reduced $50,000!!! Bank Owned Property - Great opportunity to own a convenience store & deli equipped with a full kitchen that also includes an adjacent single-family home. The convenience store appears to be in good condition and offers onsite fixtures and equipment, including walk-in cooler and all kitchen/deli equipment. The size of the store is 2,880 SF.
The single-family home is a 4 bedroom, 3 bath home that was recently renovated and includes an updated kitchen, new carpet, fenced rear yard, and detached block 2 car garage. Upgrades include Rinnai tankless hot water heater, new air conditioning (2018), stainless steel appliances, new carpet (2021) and a tiled shower.
Located on Nanticoke Road, this property is less than 1/2 mile from the Nanticoke River, which feeds directly into the Chesapeake Bay. Just minutes from the fire department, post office, public fishing piers, marinas, parks and Roaring Point Campground this property is supported by locals and visitors alike.
Many options available: Operate the store and live in the home, operate the store and rent the home or rent both properties.
Disclaimer: Pictures displayed were taken when the store was in full operation and the home on site was being lived in. The property is bank-owned, vacant, and being sold "As-Is" at this great price.
Location
State MD
County Wicomico
Area Wicomico Southwest (23-03)
Zoning ARR
Interior
Hot Water Electric
Heating Heat Pump(s)
Cooling Heat Pump(s), Ductless/Mini-Split, Central A/C
Flooring Wood
Heat Source Electric
Exterior
Garage Spaces 12.0
Waterfront N
Water Access N
Roof Type Asphalt
Street Surface Black Top
Accessibility None
Road Frontage City/County
Total Parking Spaces 12
Garage N
Building
Lot Description Cleared
Sewer Community Septic Tank, Private Septic Tank
Water Private/Community Water
New Construction N
Schools
Elementary Schools Westside
Middle Schools Salisbury
High Schools James M. Bennett
School District Wicomico County Public Schools
Others
Tax ID 12-000111
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition REO (Real Estate Owned)
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Bought with Wesley Cox • SVN |Miller Commercial Real Estate