Rare Commercial Condominium Opportunity in Ocean Pines

11022 Nicholas Lane- Unit 1 Ocean Pines, MD 21811

11022 Nicholas Lane- Unit 1, Ocean Pines, MD, 21811
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FOR SALE
Property Type:
Multi Tenant Office
Amount:
$735,000
Last Verified:
Jan 09, 2024

Highlights

  • Layout includes reception area, two private offices, large open spaces, two full bathrooms with connected changing rooms and indoor pool. Seller is willing to fill in the pool and return it to a concrete subfloor if needed.
  • Completely remodeled in 2022
  • Pool is 16' x 22' and is 3'6-4' in depth
  • Condo Fees are $903.87/month and includes all exterior maintenance, landscaping, and trash pick up
  • Business and all Furniture, Fixtures, and Equipment can be purchased for $80,000

Description

Originally the home of Tidewater Physical Therapy and currently, Swim Fit Wellness, the business and commercial condominium are for sale separately or together.

Located in the South Gate of Ocean Pines with great exposure and accessibility

Building Size: 3528sq ft
Building Class: A
Lot Size: 0 acres


Documents

SVN - Brochure (P)

Map of 11022 Nicholas Lane- Unit 1, Ocean Pines, MD, 21811

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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