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602 N 6th St

936 SF Vacant Light Industrial Building Denton, MD 21629 £315,731 (£337/SF) 3.34% Net Initial Yield

Investment Highlights

  • 1.90+/- acres zoned Regional Highway Commercial
  • Prime User/Investor Parcel close to Rt. 404

Executive Summary

Prime +- 1.90 Acre Commercial with eased access off N Sixth Street in the Town of Denton. +- 180 ' Frontage on N Sixth Street with excellent access to Rt 404 (towards Annapolis or the MD / DE Beaches). Property is zoned Regional Highway Commercial. Property is attractive to an investor and end user. Current annual income is $13,200 with annual taxes of $7,680 - Seller & Tenant require a 48 hour notification before showing the rental (listing agent and or Seller must be present during showing.

Property Facts

Price £315,731
Price Per SF £337
Sale Type Investment or Owner User
Net Initial Yield 3.34%
Property Type
Light Industrial
  • Office Office Residential
Lot Size 1.90 AC
Rentable Building Area 936 SF
Number of Floors 1
Year Built 1935
Opportunity Zone Yes

Amenities

  • Yard

Utilities

  • Water - Well
  • Sewer - Septic Field

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 03-033171
  • 03-033198
  • 03-041913
  • 03-017044
  • 03-033163
  • 03-023524
Land Assessment
£1,165,567
Improvements Assessment
£885
Total Assessment
£1,166,452

zoning

Zoning Code Regional Highway Comm (Commercial/Residential zoning in Opportunity Zone)
Regional Highway Comm (Commercial/Residential zoning in Opportunity Zone)
  • Listing ID: 25691463

  • Date on Market: 12/05/2022

  • Last Updated:

  • Address: 602 N 6th St, Denton, MD 21629

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