35 Eastern Blvd Essex, MD 21221
This exceptional investment opportunity presents a substantial 4,995-square-foot commercial property ideally situated on Eastern Boulevard in Essex, Maryland. The property consists of two buildings totaling 4,995 net rentable square feet on a 12,177-square-foot lot, zoned BL. Currently configured as an auto service facility, the property features multiple garage bays (including an automotive paint booth), ample office space, storage areas, and a retail shop area. Building one, approximately 1,860 square feet, houses six garage bays and a restroom. Building two, approximately 3,135 square feet, includes retail space, office and waiting areas, storage, and restrooms on both levels. The property is currently owner-occupied but will be delivered vacant upon settlement. This offering includes automotive lifts, although they are not warranted. The property is being sold fee simple and free and clear of all liens. While the property is currently used as an auto shop, potential buyers are responsible for verifying all zoning, permits, licenses, and usage independently. The asking price is $450,000. This is a rare opportunity to acquire a significant commercial space in a high-traffic area. The property's size and versatile layout offer considerable potential for various uses. Serious inquiries are encouraged to schedule a viewing.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
BRCS1 · Essex, MDCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.