Average square foot calculated using Size range provided by listing agent.
Description
Pocomoke Market Street Retail Center - Property is comprised of 2 adjoining buildings. A small 216 sq ft retail structure that was a barber shop, and an approximate 7, 466 sq ft, 5 unit retail strip center on a 10, 000 sq ft lot. One unit (A) is leased as a carry out restaurant for $1100 per month. The lease is month to month but they have been there for some time. Another unit has been leased out to a church for $500 per month. There are three empty units. The roof is in good shape with the exception of the end unit (E) section. This section needs a replacement roof and some interior work. The cost to do this is estimated at $45, 000. There is a laundromat user wishing to lease Unit E if the improvements can be done. This property has excellent upside potential. This would be an excellent opportunity for a value add Buyer. Se attached "DESCRIPTION & ANALYSIS OF IMPROVEMENTS" in documents section.Show Description