Prime commercial land in the heart of Berlin, MD — two tax parcels (IDs 03-016994 & 03-016986) totaling 2.03 acres conveying together. Town water and sewer in place. Three EDUs convey with the sale.
CONFIRMED BUILDABLE PROGRAM
Preliminary site plan reviewed and accepted by the Town of Berlin. Confirmed 16,500 SF flex/warehouse building with full tractor-trailer circulation on site. Higher SF configurations possible depending on use. No entitlement risk. Buyer steps into a confirmed development outcome from day one.
UTILITIES
Town of Berlin water and sewer served. Three EDUs convey with (2) sewer laterals already in place along property on north side of OOC Blvd.
NO WETLANDS
Site delineated and confirmed clean. No permitting risk, no buildable area loss.
ZONING
B-2 Shopping District, Town of Berlin. Supports retail, flex, warehouse, showroom, office, and service uses.
OPPORTUNITY ZONE
Federally designated Opportunity Zone through December 31, 2028. Buyers investing capital gains through a Qualified Opportunity Fund may defer or reduce federal tax liability. Consult your tax advisor regarding timing and eligibility.
MARYLAND ENTERPRISE ZONE
10-year declining real property tax credit on new construction plus Maryland income tax credits for job creation. Significant incentive for an owner-occupant building and occupying the site.
SCARCITY
Among the last available commercially zoned parcels inside Berlin town limits with municipal water and sewer in place.
LOCATION
Old Ocean City Blvd, Berlin, MD 21811. Established B-2 commercial corridor with strong traffic counts and proximity to Ocean City, Ocean Pines, and the Delaware beaches.
PRICING
$599,000. Priced at the low end of the comparable corridor range for the most entitled, most shovel-ready site available. Priced to transact.
Buyer's agent commission considered. Contact seller directly.