5122 MAIN ST, Grasonville, MD 21638
5122 MAIN ST, Grasonville, MD 21638
5122 MAIN ST, Grasonville, MD 21638
5122 MAIN ST, Grasonville, MD 21638
5122 MAIN ST, Grasonville, MD 21638
5122 MAIN ST, Grasonville, MD 21638
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Listed by Charles Billig • A.J. Billig & Company
$ 339,000
Est. payment | /mo

0.64 Acres Lot


Save
$ 339,000
Est. payment | /mo
Save

0.64 Acres Lot

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Subdivision Grasonville

MLS Listing ID MDQA2016986

Year Built 1954

Annual Tax Amount $2,590

Tax Year 2025

Lot Size 0.640 Acres

Acres 0.64

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

5122 Main Street comprises a 5 unit apartment building in the Grasonville area of Queen Anne's County. The property is located a short distance south of exit 44B from US-50, near the US-50/US-301 interchange and approximately 8 miles east of the Bay Bridge, providing a convenient location for tenants commuting throughout the Eastern Shore and Annapolis areas. The building currently has 4 of 5 units rented for a gross rent of $3,000/month ($36,000/year). The auction provides an opportunity to buy a strategically located asset with excellent upside potential.

Location

State MD

County Queen Annes

Zoning GNC

Interior

Hot Water Other

Heating Heat Pump(s)

Cooling Other, Window Unit(s)

Flooring Carpet, Luxury Vinyl Plank, Hardwood, Vinyl

Heat Source Propane - Owned

Exterior

Garage Spaces 8.0

Water Access N

Roof Type Asphalt,Shingle,Metal

Accessibility None

Total Parking Spaces 8

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

Elementary Schools Grasonville

Middle Schools Stevensville

High Schools Kent Island

School District Queen Anne'S County Public Schools

Others

Tax ID 1805039673

Ownership Fee Simple

Special Listing Condition Standard

Bright MLS (BMLS)
Sharon Daugherty

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(410) 430-4004

sydinc@msn.com

10044 Old Ocean City Blvd, Berlin, MD, 21811-1145, USA

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5122 MAIN ST