12 Broad Street, Berlin, MD 21811

$1,645,000

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BEDS0 BATHS MLS#MDWO2032286

STATUSACTIVE PROPERTY TYPECommercial - Farm SCHOOLWORCESTER COUNTY PUBLIC SCHOOLS

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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.

12 Broad Street | MLS# MDWO2032286

This commercial property located at 12 Broad Street, Berlin, MD 21811 is currently listed for sale with an asking price of $1,645,000. Broad Street is located within the WORCESTER COUNTY PUBLIC SCHOOLS school district. Search Berlin real estate on www.gintergroup.com today.

Property Features

Property Type: Commercial - Farm

Cooling: Central A/C

Lot Size: 0.10 Acres

Roof Type: Built-Up

Taxes: $0

Year Built: 1910

Feature Descriptions

Exterior: Block

Flooring: Hardwood

Lot Dimensions: 0.10 Acre(S)

Municipality: BERLIN

Sewer: Public Sewer

Total Garage/Parking Spaces: 15

Water: Public

Local Schools

School District: WORCESTER COUNTY PUBLIC SCHOOLS

Listed By / Shown By

Listed By

Agency Name: Rinnier Development Co
Agency Phone: 4107428151

Shown By

Agent Name: The Jane Ginter Group
Agent Phone: Cell: (717) 880-2693
Agency Title: Berkshire Hathaway HomeServices Homesale Realty

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