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Grasonville MD Real Estate & Commercial for Sale

The median home value in Grasonville, MD is $513,250. This is higher than the county median home value of $395,500. The national median home value is $308,980. The average price of homes sold in Grasonville, MD is $513,250. Approximately 68% of Grasonville homes are owned, compared to 21% rented, while 11% are vacant. Grasonville real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Grasonville real estate agent to arrange a tour today!
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Showing Homes Nearby Grasonville, MD
Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
MDBC2096518
Type:
General Commercial
Lot size:
1.28 Acres
Year built:
1991
Courtesy: Garceau Realty
View additional info

Excellent Commercial corner location on Bowleys Quarters Rd in Middle River. 12,000 cars per day pass this site. There are 99,000 people living within 5 miles of the site. 1.28 Acres. Zoned BL. The parking lot is paved, graveled, and flat. The building is 3,894sf and has been extensively renovated over the past 10 years. A new roof was installed in 2017 with a transferable warranty. The building has an open floor plan with 3 bathrooms and is currently used as a consignment shop. This building was formerly a restaurant and still has a commercial kitchen with a walk-in cooler. The property is serviced by public water & sewer and has 3 phase electric. The parking lot is very large and creates a multitude of potential uses for the buyer. The property is located near national, regional, and local retailers such as: Royal Farms, Self Storage Plus, McDonalds, Rite Aid, Walmart, Advanced Auto Parts, Americas Best Wings, SECU, Subway, Seneca Bay Apartment Homes, and SkipJacks Crab Deck.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
MDBA2148154
Type:
General Commercial
Subdivision:
HOLABIRD
Lot size:
4.56 Acres
Year built:
1999
Courtesy: A.J. Billig & Company
View additional info

6411 Beckley Street comprises a 77,225 square foot biomedical research office and laboratory building situated on 4.56 acres of industrially zoned and port adjacent land. The life sciences facility is currently 25% occupied by Pixelligent, Inc., a manufacturing company that, according to the company website, is â??innovating advanced optical solutions for next-gen electronics applications.â? The tenant has extended their lease through May of 2027 with increased rent beginning in June of 2025 ($543,390 gross rent per year). Current operating expenses put the building at a roughly break-even proposition as it stands, with ample opportunity for strategic building improvements to reduce overall operating expenses in addition to 75% remaining space available to occupy or lease. Proximity to the port, industrial zoning and overall acreage also present an exciting opportunity to fully reposition the building to a variety of alternative uses, including cold storage, traditional office or institutional purposes. The sale presents a unique opportunity for a strategic company headquarters, creative redevelopment or simply a well-timed value-add leasing opportunity.

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