Berlin Shopping Center Listing Details & Market Data

Located on the corner US Route 50 on Old Ocean City Boulevard in Berlin, Md. Berlin, MD is located just 8 miles outside of Ocean City, MD the growing resort town attracting over 8 million visitors annually. 130 miles east of Baltimore and Washington D.C. and 145 miles south of Philadelphia. The Town of Berlin has received numerous distinctions over the years including: Safewise.com (2019) - #3 on Maryland's Safest Cities list and USA Today (2018) - America's Best Small Town for ShoppingCash flowing fully leased shopping center in Berlin, MD with great exposure to RT 50. With great cash flow now and upside in the future, this property could be excellent passive income in an excellent location or a home for an owner occupant business. There are 23 EDU's allocated and currently only a fraction are in use, so a restaurant or other heavy water use could be a great fit. Access and visibility from Rt 50 are unmatched and traffic count are over 30,000 vehicles per day. The property has been professionally managed by SVN since 2016. There is no deferred maintenance and information on the property condition is available for buyers upon request. Rental Income potential for the property is over $300,000 and all current and future tenant and income information can be found under documents tab above with a simple registration/confidentiality agreement.One unit available in the Berlin Shopping Center, featuring great exposure, quick and easy access to US Route 50 and Route 113; Signage available; Plenty of parking; Public water/Public sewer.