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300 RELIANCE AVE Federalsburg, MD 21632
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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
Waterfront N
Water Access N
Roof Type Metal
Street Surface Black Top
Accessibility None
Road Frontage State, City/County
Parking Type Parking Lot
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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Bought with Non Member • Non Subscribing Office
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