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320 Romancoke Road

STEVENSVILLE, MD 21666
  • $3,547,826
  • STATUS: Active
  • ON SITE: 213 Days
  • ID#: MDQA147666
UPDATED: 30 min ago
$3,547,826
  • 0
    BEDS
  • 1.64
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1998
County:

School Ratings & Info

Description

Triple Net Investment Group is pleased to present an opportunity to purchase BP Gas Station with 20 years NNN lease term. Property is located in Stevensville MD a premier summer tourist destination and local population that has strong income. Property sits directly across the street from new home development by Bay Bridge Cove. The building is 3,072 +square feet and is situated approximately 1.64 acres of land. The subject property does great gas volume, convenience and car wash sales. Property has $50,000in recent upgrades, tenant has multiple locations. Tenant is committed to the site agreeing to 20 year lease with 4-5 year options at close of escrow. Property recently has had $780,000 in renovations within the last 3 years.

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©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Vashist Group | Keller Williams Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-12-07T06:53:03.93.
www.teamrajeev.com/homes/116877730
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320 Romancoke Road STEVENSVILLE, MD 21666

  • Price: $3,547,826
  • Status: Active
  • On Site: 213 Days
  • Updated: 30 min ago
  • ID#: MDQA147666
0
Beds
0
Baths
0
½ Baths
1.64
Acres
1998
Built
County:
Queen Annes
School District:
Queen Anne's County Public Schools
Property Description
Triple Net Investment Group is pleased to present an opportunity to purchase BP Gas Station with 20 years NNN lease term. Property is located in Stevensville MD a premier summer tourist destination and local population that has strong income. Property sits directly across the street from new home development by Bay Bridge Cove. The building is 3,072 +square feet and is situated approximately 1.64 acres of land. The subject property does great gas volume, convenience and car wash sales. Property has $50,000in recent upgrades, tenant has multiple locations. Tenant is committed to the site agreeing to 20 year lease with 4-5 year options at close of escrow. Property recently has had $780,000 in renovations within the last 3 years.
Exterior Features

Construction Materials Other Garage YN No Parking Types None Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 3072.00 Cooling None Heating Heat Pump(S) Heating YN Yes Net Square Feet 3072.00

Property Features

Accessibility Features None Assessment Year 2021 Association YN No Business Type Auto RelatedCar Wash/Truck WashConvenience Store/Gas Central Air YN No Cooling Fuel None Heating Fuel None Hot Water None Navigable Water YN N Net Operating Income 192000.00 New Construction YN No Number Of Units Total 1 Original MLSNumber 304596004497 Ownership Interest Fee Simple Possession Other Property Sub Type Retail Sale Type Standard Sewer Public Sewer Tax Annual Amount 19267.00 Tax Assessment Amount 1127400.00 Tax Lot 6 Vacation Rental YN No Water Source Public Zoning Uc

Listing courtesy of Triple Net Investment Group Llc.


©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Vashist Group | Keller Williams Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-12-07T06:53:03.93.
 
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The Vashist Group | Keller Williams Realty
20130 Lakeview Center Plaza #110
Ashburn VA, 20147