306 Lake Dr Queenstown, MD 21658

Property Details for 306 Lake Dr

Year built

1970

Lot size

23.63 lot acres

Property size

564 SF

Zone code

SC

Property type

Commercial land

APN

03-005119

APU

3005119

Description

This exceptional retail property, situated at 306 Lake Drive in Queenstown, Maryland, presents a unique investment opportunity. Spanning 22.65 acres, the property boasts a renovated greenhouse, shade houses, and cold frames, all ready for immediate occupancy. This established location, formerly known as Wye Nursery, has a rich history dating back to 1953. Its strategic position on Route 50 East, with convenient access from Route 50 West, ensures high visibility and significant traffic exposure. The property benefits from an average daily traffic count of 77,000 vehicles during peak season, providing unparalleled potential for a thriving business. The existing infrastructure is ideal for a nursery or similar retail operation. Three flower shops have already committed to purchasing $30,000 worth of flowers and plants annually, providing a strong foundation for immediate revenue generation. This turnkey operation offers a rare chance to acquire a well-established business with significant growth potential in a high-demand location. The property's size and established infrastructure make it an attractive proposition for entrepreneurs seeking a ready-to-go business venture. The high traffic volume ensures maximum exposure and accessibility for customers. This is a truly exceptional opportunity to establish or expand a successful retail business in a prime location. The asking price is to be determined.

Location Insight

City

Queenstown

County

Queen Anne's

State

Maryland

Longitude

-76.0663

Latitude

38.9464

CBSA code

12580

CBSA name

BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments