Royal Port Building

110 West Green Street Snow Hill, MD 21863

110 West Green Street, Snow Hill, MD, 21863
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FOR SALE
Property Type:
Street Retail
Amount:
$1,299,000
Last Verified:
Apr 23, 2024

Highlights

  • 2 luxury 3 bedroom apartments on the second floor, fully Sprinkled.
  • 4 commercial units, 2 that have been completely renovated and the other 2 are under construction.
  • Owners have been improving the structure and finishing out the units for several years.
  • Each unit is separately metered for water and electric.
  • The owner is in the middle of turning the building into 6 condominium units and will turn over all information to new owner.
  • Brand new roof, HVAC systems, and appliances in residential units.
  • All Furniture, Fixtures, and Equipment can remain or be removed.

Description

110 West Green Street is a prime opportunity for investors. This historic 9,380 SF building, featuring 6 units, 4 commercial and 2 residential, with views of the Pocomoke River. Built in 1900 and meticulously renovated into 2024 this property is a standout in the heart of Snow Hill. Zoned B-1, it offers versatile potential for retail enterprises.

Just a short drive from the pristine beaches of Ocean City, and the charming town of Berlin, this location offers a prime opportunity for Retail / Street Retail investors to tap into a diverse market of locals and tourists alike.


Year Built: 1900
Building Size: 9380sq ft
Lot Size: 0.14 acres


Documents

Floor Plan
SVN - Brochure (P)

Map of 110 West Green Street, Snow Hill, MD, 21863

Presented by:
SVN | Miller Commercial Real Estate

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Andrew Ball


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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:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.