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5745 Main St 3,688 SF 75% Leased Retail Building Rock Hall, MD 21661 $475,000 ($128.80/SF)




INVESTMENT HIGHLIGHTS
- Anchor location at major intersection
- Renovated, historic building
- Popular tourist town with heavy seasonal traffic
EXECUTIVE SUMMARY
4-Unit property for investor or owner-user. Mixed-use retail, office and 2 apartments. 3 units are currently leased. Busy corner lot property in popular Eastern Neck town of Rock Hall.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
---|---|---|
Gross Rental Income |
$3,025
![]() |
$0.82
![]() |
Other Income |
-
![]() |
-
![]() |
Vacancy Loss |
-
![]() |
-
![]() |
Effective Gross Income |
$3,025
![]() |
$0.82
![]() |
Net Operating Income |
-
![]() |
-
![]() |
FINANCIAL SUMMARY (ACTUAL - 2024)
Gross Rental Income | |
---|---|
Annual | $3,025 |
Annual Per SF | $0.82 |
Other Income | |
---|---|
Annual | - |
Annual Per SF | - |
Vacancy Loss | |
---|---|
Annual | - |
Annual Per SF | - |
Effective Gross Income | |
---|---|
Annual | $3,025 |
Annual Per SF | $0.82 |
Net Operating Income | |
---|---|
Annual | - |
Annual Per SF | - |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,688 SF
Building Class
B
Year Built
1890
Price
$475,000
Price Per SF
$128.80
Percent Leased
75%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
10’
Building FAR
0.34
Lot Size
0.25 AC
Zoning
C3 - C-3 Town Center Zoning District
Parking
5 Spaces (1.36 Spaces per 1,000 SF Leased)
Frontage
38’ on Rock Hall Rd
AMENITIES
- Tenant Controlled HVAC
- Air Conditioning
PROPERTY TAXES
Parcel Number | 05-023017 | Improvements Assessment | $91,700 |
Land Assessment | $122,100 | Total Assessment | $213,800 |
PROPERTY TAXES
Parcel Number
05-023017
Land Assessment
$122,100
Improvements Assessment
$91,700
Total Assessment
$213,800
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5745 Main St
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