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429 Eastern BlvdEssex, MD 21221Price: $150,000

  • Price: $150,000
  • 13 Days on Market
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Federal 30-year interest rate: 5.25% last updated on May 19, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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  • $150,000List Price
  • 0.17Acreage

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List price to be opening bid. Online Registration and Bidding Opens On Thursday May 19th,2021 at 1 pm and ends on Tuesday May 24th,2021 at 1 pm. Single Tenant Commercial Building with Prime Retail Frontage in Essex. The building contains 3,472+/- SF and is configured as offices for a mental health tenant. The tenant is in year 3 of a 5 year lease and is current on all payments. There is an unpaved parking lot in the rear as well as a 1 car garage. Tenant is responsible for the interior space and pays all utilities. Current gross monthly rent of $3374.59. Current gross annual scheduled rent of $40,495.08. The property was previously used as retail and was demised into 2 units. In the future should the owner want to convert the space back to retail,the rental rate would be significantly higher.

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Listed by Matthew S Cooper of Alex Cooper Auctioneers,Inc.

Copyright 2022 BRIGHT, All Rights Reserved.  Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Next Step Realty | W Home Group participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated May 22, 2022. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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