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3212 Main St - Wells Cove Office Condos & Marina
2,400 SF Office Condo Unit Offered at $749,000 in Grasonville, MD 21638
EXECUTIVE SUMMARY
This office condominium is part of the Wells Cove marina and hotel complex located in the southeast quadrant of the Kent Narrows.
PROPERTY FACTS
| Price | $749,000 | Building Class | B |
| Unit Size | 2,400 SF | Floors | 2 |
| No. Units | 1 | Typical Floor Size | 3,600 SF |
| Total Building Size | 7,200 SF | Year Built | 2008 |
| Property Type | Office (Condo) | Lot Size | 1.71 AC |
| Sale Type | Investment or Owner User | Parking Ratio | 6.38/1,000 SF |
| Price | $749,000 |
| Unit Size | 2,400 SF |
| No. Units | 1 |
| Total Building Size | 7,200 SF |
| Property Type | Office (Condo) |
| Sale Type | Investment or Owner User |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 3,600 SF |
| Year Built | 2008 |
| Lot Size | 1.71 AC |
| Parking Ratio | 6.38/1,000 SF |
1 UNIT AVAILABLE
Unit 201
| Unit Size | 2,400 SF | Condo Use | Office |
| Price | $749,000 | Sale Type | Investment or Owner User |
| Price Per SF | $312.08 |
| Unit Size | 2,400 SF |
| Price | $749,000 |
| Price Per SF | $312.08 |
| Condo Use | Office |
| Sale Type | Investment or Owner User |
SALE NOTES
We are especially pleased to offer for sale this 100% leased water view office condominium (18% of the total building) located in the heart of the Kent Narrows. The lease is for five years and started on November 1st. Tenant quality is very good-excellent. Rental increase over the five year term is 27.6%!
Wells Cove is a marina, hotel, residential, retail and office complex that exudes the best of Eastern Shore living. Surrounded by some of the best seafood restaurants on the Bay, and cool waterfront bars, this is the office your employees dream about. A highlight is that Exit 42 on US Route 50, within 1/8th mile of the property, with average daily traffic counts of 73,642, provides direct east and westbound access.
AMENITIES
- Signage
- Waterfront
ZONING
| Zoning Code | WVC |
| WVC |
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3212 Main St - Wells Cove Office Condos & Marina
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