601 Sunrise Ave, Ridgely, MD, 21660

601 Sunrise Ave Ridgely, MD 21660

Ridgely
FOR SALE
Property Type:
Warehouse
Amount:
$3,993,680
Last Verified:
Nov 03, 2024

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Highlights

  • 27,146 SF of Production Area and 5,000 SF of Administrative Office Space.
  • 67,696 SF of Warehouse Space.
  • 3 Phase, 480 V electrical capacity.
  • 25-30' Warehouse Ceiling Height.
  • 9 Dock High Loading Doors & 1 Drive-In Loading Door.
  • Propane Heat .

Description

99,842 SF warehouse facility on 17 acres available for purchase. Previously used as high volume distribution center for health and wellness products by Medifast. The front portion of the building contains approximately 5,000 SF of administrative offices, and roughly 27, 146 SF of production area with 14' ceiling height. The office has a reception area at the front, with private offices, conference rooms and break room. The rear portion consists of 67,696 SF of high bay warehouse with 25'- 30' clear ceiling height. Additionally, the warehouse portion includes 9 Dock-High Loading Doors and 1 Drive-In Door.

Located directly in the center of the Delmarva Peninsula. Situated along US Route 404, a major East-West Corridor on the Eastern Shore. Close proximity to all major transportation routes, including US 301, US Route 50, and US Route 13 through Delaware. Easy access to Western Shore via Bay Bridge (20 Minutes), Lower Shore including Sussex County De & Salisbury, MD Area.


Year Built: 1987
Building Size: 99842sq ft
Lot Size: 17.0 acres


Documents

SVN - 1 Page Flyer (L)

Map of 601 Sunrise Ave, Ridgely, MD, 21660

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.