Bought with Jennifer Brown • Meredith Fine Properties
$3,150,000
$3,700,000
14.9%For more information regarding the value of a property, please contact us for a free consultation.
55,000 SqFt
SOLD DATE : 06/11/2025
Key Details
Sold Price $3,150,000
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 55,000 sqft
Price per Sqft $57
MLS Listing ID MDTA2009750
Sold Date 06/11/25
HOA Y/N N
Year Built 1954
Annual Tax Amount $13,662
Tax Year 2025
Lot Size 3.890 Acres
Acres 3.89
Property Sub-Type Industrial
Source BRIGHT
Property Description
Industrial building with 55,000 sq. ft. of space on 3.89 acres on St. Michaels Rd. This location fronts on St. Michaels Road and has access in the rear of the Target shopping center. The major tenant is USLBM (excellent credit) who currently leases 35,000 sq.ft. on a long-term triple net lease. The remainder of the building is owner-occupied but is available for lease as well. Agent/Owner.
Location
State MD
County Talbot
Zoning MUNI
Interior
Hot Water 60+ Gallon Tank
Heating Central
Cooling Heat Pump(s)
Flooring Concrete
Heat Source Central
Exterior
Garage Spaces 36.0
Water Access N
Roof Type Composite
Accessibility None
Total Parking Spaces 36
Garage N
Building
Sewer Public Sewer
Water Public
Structure Type 2 Story Ceilings,Beamed Ceilings
New Construction N
Schools
School District Talbot County Public Schools
Others
Tax ID 01034626
Ownership Fee Simple
SqFt Source Assessor
Security Features Exterior Cameras,Motion Detectors,Security Gate
Special Listing Condition Standard
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