1. Maryland
  2. Berlin
  3. 12 BROAD ST
$1,645,000

12 BROAD ST, Berlin, MD 21811

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1910
  • Property Lot Size Icon4,356sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 4 days ago

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.

Listing Status:
Active
Listing Office:
Rinnier Development Co : 4107428151
Listing Agent:
William Rinnier : 4107428151
MLS ID:
MDWO2032286
  • Flooring: Hardwood
  • A/C: Central A/C
  • Heating: OtherOther
  • Disability Feature: Other

This listing courtesy of William Rinnier, Rinnier Development Co

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Buckingham Elementary School

100 Buckingham Rd, Berlin, MD, 21811

Grades PK-4

0.30 miles away

S

Stephen Decatur Middle School

9815 Seahawk Rd, Berlin, MD, 21811

Grades 7-8

1.85 miles away

S

Stephen Decatur High School

9913 Seahawk Rd, Berlin, MD, 21811

Grades 9-12

1.97 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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