MD > Berlin > None Available
Berlin, MD 21811,12 BROAD ST
See all 2 photos
Berlin, MD 21811,12 BROAD ST
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Mon
8
Dec
Tue
9
Dec
Wed
10
Dec
Dana Ubele

Dana Ubele

+1(856) 888-1133
Listed by William Rinnier • Rinnier Development Co
$ 1,645,000
Est. payment /mo
Save
Active

12 BROAD ST Berlin, MD 21811

4,500 Sqft Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Subdivision None Available

MLS Listing ID MDWO2032286

Year Built 1910

Tax Year 2023

Lot Size 4,500 Sqft

Acres 0.1

Property Sub-Type Retail

Source BRIGHT

Property Description

The Globe is located in historic Berlin, MD. The tenant is a restaurant operator under a 3 year Triple Net (NNN) lease with two 3 year options to renew. The annual rent increases by 3% each year. Full property details can be provided upon request with a confidentially agreement.

Sale price is listed at $1,645,000.00 with a 7% cap rate.

The tenant operates under "Oaked at The Globe." Do not disturb the tenant or inspect the property without coordination with the listing agent.

Location

State MD

County Worcester

Area Worcester West Of Rt-113

Zoning C

Interior

Hot Water Other

Heating Other

Cooling Central A/C

Flooring Hardwood

Heat Source Other

Exterior

Garage Spaces 15.0

Water Access N

Roof Type Built-Up

Street Surface US Highway/Interstate

Accessibility Other

Road Frontage Public

Total Parking Spaces 15

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Worcester County Public Schools

Others

Tax ID 2403029379

Ownership Fee Simple

Acceptable Financing Conventional, Seller Financing

Listing Terms Conventional, Seller Financing

Financing Conventional,Seller Financing

Special Listing Condition Standard

Bright MLS (BMLS)
Dana Ubele

Dana Ubele

Broker | License ID: 0448855

+1(856) 888-1133

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of The Property Alliance, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

12 BROAD ST

QUICK SEARCH
There are 20 quick searches