Property summary
This vacant, 1,800 square foot auto repair shop and dealership is situated on a spacious 2.15-acre lot at 218 S Bridge St, Elkton, Maryland, zip code 21921. Built in 1966, the single-story building features three drive-in bays, three lifts (two indoor, one outdoor), and existing office space. The property is zoned C-2, allowing for a variety of uses. The asking price is $699,000, translating to $388.33 per square foot. The location offers excellent road frontage on South Bridge Street, providing high visibility and accessibility. The potential exists to add an additional indoor lift in one of the existing bays. This presents a unique opportunity for an owner-user or investor seeking a well-located, established auto repair facility in a thriving Maryland market. The property's size and zoning provide flexibility for expansion or adaptation to suit various automotive-related businesses. This is a turnkey operation ready for immediate occupancy.
Property profile
VerifiedCap rate & NOI
Current use
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Auto Repair Shop
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Car Wash
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Car Dealership
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C2 · Elkton, MDZoning
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Zoning designation
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The district profile from the municipal source: what is on file for C2 in Elkton, MD.
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