12 Broad Street, Berlin, MD 21811

$1,440,000

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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. This property is an equipped restaurant with outside tiki bar and patio. It is ready for an operator to take advantage of this well known Berlin location.

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 $1,440,000. Broad Street is located within the WORCESTER COUNTY PUBLIC SCHOOLS school district. Search Berlin real estate on www.bobspeelmanrealtor.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: Bob Speelman
Agent Phone: Cell: (540) 247-2482
Agency Title: Berkshire Hathaway HomeServices Homesale Realty

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