Jeffs Listed

396 Cypress Street, Millington, MD 21651

$350,000

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$350,000

Rinc
Active 2,762 Square Feet
Built in 1920
MLS # MDKE2005394

396 Cypress Street

Millington, MD 21651

Description!

Investment Opportunity and Motivated Seller! If you are searching for an opportunity to start or relocate your business with rental potential to offset your mortgage, your search is over. Live in one area and rent out the other two!! This income producer is located in the heart of Millington at the main intersection. With its flexible zoning, the property is well-suited for a blend of commercial, retail, and residential purposes. The property currently has two occupied apartments - one is 2 bedrooms, and the other is 1 bedroom. The lower front area is an unoccupied prime retail space. Zoning allows retail, office, specialty shop, residential and more - see the town office for details! Walk to stores, restaurants, the supermarket, community pool, parks and more. The town is on the cusp of big growth w/many business opportunities! Seller has this adjacent vacant separately deeded lot included in this listing as one sale. Call to discuss separate purchasing. This lot is currently used for off street parking right on the corner. High traffic count as a main route to Delaware. *Please Note--It is the responsibility of the buyer and/or buyer's agent to perform their due diligence with the town and county to determine what uses are acceptable* Schedule your tour today.

Details

  • County: KENT
  • Community: MILLINGTON
  • Pool: No Pool
  • Waterview: Street
  • School District: Listing Agent
  • Taxes: $2, 284
  • County Tax: $1, 769
  • City Tax: $2, 284

Description

Investment Opportunity and Motivated Seller! If you are searching for an opportunity to start or relocate your business with rental potential to offset your mortgage, your search is over. Live in one area and rent out the other two!! This income producer is located in the heart of Millington at the main intersection. With its flexible zoning, the property is well-suited for a blend of commercial, retail, and residential purposes. The property currently has two occupied apartments - one is 2 bedrooms, and the other is 1 bedroom. The lower front area is an unoccupied prime retail space. Zoning allows retail, office, specialty shop, residential and more - see the town office for details! Walk to stores, restaurants, the supermarket, community pool, parks and more. The town is on the cusp of big growth w/many business opportunities! Seller has this adjacent vacant separately deeded lot included in this listing as one sale. Call to discuss separate purchasing. This lot is currently used for off street parking right on the corner. High traffic count as a main route to Delaware. *Please Note--It is the responsibility of the buyer and/or buyer's agent to perform their due diligence with the town and county to determine what uses are acceptable* Schedule your tour today.

Details

  • County: KENT
  • Community: MILLINGTON
  • Pool: No Pool
  • Waterview: Street
  • School District: Listing Agent
  • Taxes: $2,284
  • County Tax: $1,769
  • City Tax: $2,284

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Listing courtesy of Taylor Properties

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